Simple Home Loan Owner Occupied Variable

General Lending Rates

Product Features

• Digital Banking Additional Information: Internet Banking and/or Mobile Banking App

• Notifications Additional Information: SMS / Email Alerts available

• Extra Repayments Additional Information: Unlimited additional repayments and early payout options without penalty

• Other Additional Information: Automatic repayments can be set up from Salary, LCU account or external account

• Other Additional Information: Flexible repayments. Weekly, fortnightly or monthly

• Other Additional Information: No ongoing fees. No annual, monthly or weekly fees

• Guarantor Additional Information: Family Guarantee. Need help with your deposit? Talk to LCU about getting the bank of mum and dad to help out.

• Other Additional Information: Interest calculated daily and applied monthly

• Other Additional Information: Principal and Interest

Product Eligibility

• Natural Person

• Residency Status - At Least One Borrower Must Be An Australian Resident..

• Min Age - 18.

• Employment Status - Income Required To Service Loan. Applicant Must Meet Lcu Lending Criteria.

• Other Additional Information: Security on Austrlian Residential Property (1st mortgage)

• Other Additional Information: Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we run. "Own your Bank" $10 share is refunded if you choose to close your account.

• Other Additional Information: Maximum loan term is 30 years

Bank Fees and Charges

• Valuation Fee (Variable), Amount: 0.00.

• Solicitors Fees (Variable), Amount: 0.00.

• Registration Fees (Variable), Amount: 0.00.

• Pexa Electronic Lodgement Fee (Variable), Amount: 0.00.

• Contract Variation Fee (Event), Amount: 200.00.

• Mortgage Discharge Fee (Event), Amount: 200.00.

• Mortgage Discharge Solicitors Fee (Variable), Amount: 0.00.

• Lenders Mortgage Insurance (Variable), Amount: 0.00.

• Other Certificates And Reports (Variable), Amount: 0.00.

• Land Title Search (Variable), Amount: 0.00.

• Consent For A Second Mortgage (Variable), Amount: 0.00.

• Loan Application Fee (Upfront), Amount: 200.00.

• Rtgs Transfer Fee (Transaction), Amount: 15.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 50000.00

• Max Limit of 3000000.00

• Max Lvr of 80.00 Additional Information: No LMI

• Max Lvr of 95.00 Additional Information: With LMI