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Come home to a great rate

Our home loans

Our award-winning home loans offer you competitive rates, flexible features and quick approvals.

Whether you’re a home buyer, investor, or wanting to refinance, our dedicated team will work with you to find the loan to best suit your needs.


Owner-Occupied Home Loans

We pride ourselves on providing long-term value to our customers, with our competitive home loan rates and award winning service.

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Investment Property Loans

If you are looking at investing in property, have the confidence of great rates and local service from a Customer-Owned Bank.

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Award-winning home loans

While it's not all about the accolades, our home loans have been recognised with multiple awards for having flexible features, competitive rates, and quick approvals.

Have a look at our trophy case

Mozo Experts Choice Award 2023/2024 - Fixed Rate Home Loan winner
Mozo Experts Choice Award 2023/2024- Investor Fixed Home Loan winner
Finder Awards 2024 - Owner Occupier Home Loan - 1 Year Fixed
Finder Awards 2024 - Investor Home Loan Interest Only 1 Year Fixed

Chat with a home lending specialist

What will my repayments be?

Use our home loan repayment calculator to get an estimate of how much your principal and interest repayments will be.

Get started by entering your property value and loan amount and click 'show my repayments'. Select your prefered product group (loan type) and you'll be able to choose from our available loan products.


Tools and calculators

Home loan borrowing power calculator

Input your income and expenses to estimate how much you may be able to borrow for your next home or investment property.

Check my borrowing power

Home loan repayment calculator

Use this calculator to estimate what your loan repayments will be. By varying the factors, you can see how changes affect repayments.

Calculate my loan repayments

Home loan comparison calculator

Use this calculator to find out how different loan rates, fees and terms compare to find the perfect loan for your situation.

Compare home loans

Home loan refinance calculator

Discover how you could potentially take years off your mortgage and save thousands of dollars in interest by switching home loans.

How does my loan compare?

More calculators

Speak to your local BCU lending specialist today

Find my local lender

Frequently asked questions

Applying for a home loan with bcu is easy. Use the apply button to book an appointment at a branch, your home, or over a video call. You can also request a call back from one of our home loan specialists.

Lenders Mortgage Insurance (LMI) is an insurance policy that helps the lender recover their losses if you can’t pay back your home loan. LMI is required when you have a loan-to-value ratio higher than 80% (meaning you are borrowing more than 80% of the home’s value), because this is considered a higher risk for the lender. The cost of this insurance is passed onto you when your loan application is approved. You can use this calculator to estimate how much you will pay for LMI based on the estimated property value and your deposit.

The main difference between an owner-occupier home loan and an investment home loan is the purpose of the loan. As the name implies, an owner-occupier home loan is meant for the purchase of a house for you to live in. An investment loan is for a property that you won’t personally live in, and may choose to rent out to tenants or renovate for profit. Both types of loans function almost identically, however investment loans typically have a higher rate of interest. This is because managing an investment property is considered a greater risk to the lender.

Yes, you can! If you’re eligible, you can apply for the First Home Loan Deposit Scheme to get a variable or fixed rate home loan from bcu with a deposit of a little of 5%, and without needing to pay Lenders Mortgage Insurance. There are limited scheme places offered by the Australian government each year so it pays to register early.

With a fixed interest rate, you can lock in your interest rate and be sure of what your home loan repayments will be for the fixed period. This means you can budget for your loan repayments with certainty. A variable rate means that your interest rate can change as the cash rate changes, so you could potentially pay more or less in interest than someone with a fixed rate loan, depending on market rate movements. As with all financial products, the choice between a fixed and variable interest rate is a trade-off.

Like any financial institution, bcu has eligibility criteria for each home loan that we offer. Before we can approve your loan application, we need to make sure that you meet our lending criteria so that we are confident you can afford the monthly principal and interest repayments against what you borrow.

bcu credit products and requirements follow the same structure and operate the same way as the major banks. The main difference between bcu and the majors is how profit is managed. bcu reinvests it’s profit back into improving products and services for its members. Major banks, those with private investors distribute their profit to shareholders.

Important things you should know

Disclaimers & Conditions of Use

Credit products issued by Police & Nurses Limited (BCU Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Lending criteria, terms & conditions, fees & charges apply. Rates subject to change.

Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. For variable Interest Only loans, comparison rates are based on an initial 3 year Interest Only period. For fixed Interest Only loans, comparison rates are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your Interest Only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Banking and Credit products issued by Police & Nurses Limited (BCU) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Any advice does not take into account your objectives, financial situation or needs. Read the relevant Product Terms and Conditions, before acquiring this product in considering and deciding whether it is right for you. The Target Market Determination (TMD) for products is available on request. Lending criteria, terms & conditions, fees & charges apply.