Refinance your home loan
Why choose to refinance with BCU Bank?
Great interest rates
Competitive rates for fixed and variable home loans.
Flexible options
Offset your home loan. Split your home loan. Pay extra to your home loan, and redraw later.
Quick approvals
Our home loan specialists will help you get home loan approval quick smart.
With a personal touch
At home, at your local branch, or over the phone – our home lenders are here to help.
Choose from our home loans for refinancing
OMG Home Loan
A simple home loan with no ongoing fees and a low variable interest rate.
From
Variable rate
Comparison rate*
- No ongoing monthly fees
- Extra payments allowed
- Redraw available
- 100% offset available
- Up to 95% LVR (including LMI)
Offset Home Loan
A variable home loan with the flexibility to use your savings to reduce the interest you pay.
From
Variable rate
Comparison rate*
- No ongoing monthly fees
- Extra payments allowed
- Redraw available
- 100% offset available
- Up to 95% LVR (including LMI)
Fixed Rate Home Loan
Enjoy the certainty of repayments with home loans fixed from one to five years.
2 years fixed from
Fixed rate
Comparison rate*
- No ongoing monthly fees
-
Extra payments allowed
- Redraw available
- 100% offset available
- Up to 95% LVR (including LMI)
Refinance your home loan on your terms
When it comes to refinancing, it’s worth crunching the numbers to make sure it’s worthwhile for you.
Use our home loan comparison to see how much you could save, or check out our range of other handy calculators to save yourself from doing extra math!
Home loan comparison calculator
More calculators
All your home loan needs, sorted
Refinance your home loan in six easy steps
The “why” of it all
First, figure out why you want to refinance, and what your non-negotiables are for your new home loan.
Get in touch
Book an appointment with one of our home loan specialists – at home, work, or one of our branches.
Apply for a home loan
We’ll need your photo ID if you don’t already bank with us, as well as a bit of extra information about what you earn, owe, own, and spend.
Assessment and approval
We’ll assess your home loan application quickly, so you won’t be waiting too long! We’ll be in touch if we have any questions or need any more info.
Sign your contract
We can bring your contract to you, or you can sign it at your local branch.
Your refinance is complete!
And with local, personalised service, you won’t regret refinancing to BCU Bank.
Handy home loan articles
Four great reasons to refinance your home loan
Reviewing your home loan is a good way to check it’s meeting your needs, so we've made a list of four reasons to consider refinancing your home loan.
What else to consider when refinancing your home loan
While saving money is often a priority when refinancing, it’s important to understand your motives to work out which loan suits you best.
Next steps after refinancing your home loan that could save you money
Refinancing can be a great way to ensure your home loan meets your needs. Consider these steps to ensure you get the most out of your new home loan.
Don't forget about home insurance!
Protect your prized possessions with home insurance. We offer different levels of cover to suit a range of needs, so you can find insurance to suit you.
Because we're here to help
We'll call you
Drop us your details and one of our home loan specialists will be in touch.
Ready to apply?
Book an appointment over the phone, via video call, or in-person with a home lender.
Talk to the team
Got a question? Call us on 1300 228 228, pop into your local branch, or chat to us online.
Got a question about refinancing your home loan?
One of our experienced home loan specialists can assist you with switching your home loan.
We can meet with you at one of our branches or you can speak with one our direct banking team to apply over the phone.
Call us on 1300 228 228 to make an appointment or to speak with one of our experienced home loan specialists.
If you have an existing home loan with BCU Bank there is a Home Loan switch fee that applies.
Other fees and charges may apply depending on your loan.
We are happy to review your current home loan rate to ensure you're on the best product for your situation. Please call us on 1300 228 228 to speak with one of our experienced home loan specialists.
You may wish to either partially or fully repay your fixed rate loan before the end of your fixed rate period, or switch to a different loan or repayment type. If you do so, you may need to pay a fixed rate adjustment cost or break cost.
If you'd like a break cost estimate, please call us on 1300 228 228 and speak with one of our experienced home loan specialists.
Important information
Banking and Credit products issued by Police & Nurses Limited (BCU Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.
Please consider the terms and conditions and whether a product is right for you.
- View terms and conditions
- View fees and charges
- View Credit Guide
- Create a Home Loan Key Fact Sheet
- View LMI Information Fact Sheet
- View Target Market Determinations (TMDs)
*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.