Woolworths Employees’ Credit Union Home Loans
What type of home loans does Woolworths Employees’ Credit Union offer?
At the time of writing, Woolworths Employees’ Credit Union offers the following types of home loans:
- Variable rate home loan
- Fixed rate home loan
- Split rate home loan
- Investment home loan
- Construction home loan
Find out about how different types of home loans work here.
Variable home loan features
- Switch between variable and fixed rate as needed
- Offset facility available
- Split facility available
- Additional repayments allowed
- Repayments may be made weekly, fortnightly or monthly
See our comparison tables for details of Woolworths Employees’ Credit Union home loans:
How to apply for a Woolworths Employees’ Credit Union home loan
Applying for a Woolworths Employees’ Credit Union home loan is a simple process; you can either use its online application service, or download and fill out its home loan application form, which can then be submitted by post, fax, or email.
Follow our applying for a home loan checklist, and use the Canstar website to compare Woolworths Employees’ Credit Union home loans with other home loans before choosing a product that suits your needs:
Woolworths Employees' Credit Union FAQs
Yes, Woolworths Employees’ Credit Union allows you to make additional repayments on its variable rate home loan products.
Yes, Woolworths Employees’ Credit Union allows you to redraw funds, provided you have made extra repayments on your home loan. Only the additional funds paid will be available for redraw.
Woolworths Employees’ Credit Union allows you to make payments via payroll deduction, direct debit, internet/phone banking or in-branch.
If you’re in the market for a home loan, compare your home loan options with Canstar:
Established in 1971, Woolworths Employees’ Credit Union is a credit union exclusively open to employees of the Woolworths (Aust) Limited group and their immediate family members.
Its motto is ‘Once a Member, Always a Member’, meaning that if someone joins while they are eligible for membership, they can remain a member even if they leave the employ of the Woolworths (Aust) Limited Group. You can apply for membership here.
Its mission is “to help members of the Woolworths family achieve financial security and well-being by providing a range of relevant, competitively-priced savings, lending and other financial services”.
Woolworths Employees’ Credit Union is a customer-owned banking institution, which means that it follows the Customer Owned Banking Code of Practice – the code developed to ensure the financial well-being of members and communities, along with fair and responsible practice among customer-owned banking institutions.