Home Loan

Buy your dream home sooner. With our low interest rates and excellent home loan package you can’t go wrong. For a new home loan or for refinancing an existing loan now is the time to make your dream a reality.

Key Features of the AMP Credit Union Home Loan:

  • Fast approval of application
  • Low variable rate
  • No limits on extra repayments
  • No application fee
  • No monthly loan fee
  • No transaction fees

Home loans are available for Owner Occupied and Investment purposes within Australia. Valuation and legal fees etc. payable to outside parties apply. We have two home loans for you to choose from - so you will be sure to find one that suits you.

HOME LOANS
(as at 1 November 2008)
  BASIC PREMIUM
Interest Rate pa 7.39% 7.59%
Comparison Rate pa 7.43% 7.63%
Minimum amount $100,000
Top up min $10,000		 $100,000
Top up min $10,000
Maximum amount $1,500,000 $1,500,000
Maximum loan term 30 yrs 30 yrs
Redraw facility Yes
Min $2,000		 Yes
Min $2,000
Extra repay Yes Yes
100% Offset Facility* No Yes
Interest Only Available Yes, Maximum 5 yrs Yes, Maximum 5 yrs
Early payout fee Nil Nil
Package fee N/A N/A
Admin fee Nil Nil
Redraw fee Nil Nil

* not available on interest only loans
LOAN ACCOUNTS FEES AND CHARGES
(as at 1 February 2008)
Full mortgage service fee* $467.50 (NSW only, interstate available on request)
Valuation Fee $195.00 - $660.00
(Depending on location and valuation of property)
Land and Property information fee at cost
Mortgage stamp duty fee at cost
Bank cheque fee at cost
Swift transfer fee at cost
Mortgage Discharge Preparation fee $275.00

* The full mortgage service fee includes document preparation, title searches, arranging and attending settlement, and lodgement of documents for stamping and registration. Lodgement and stamp duty fees payable to the Lands Department are invoiced separately.

For more information refer to our Comparison Rate Schedule. Normal lending criteria, terms and conditions apply.

Interest is calculated on a daily balance and debited monthly.

To Apply

For current members. Please read and complete the following form:

Please also provide your latest payslip to the Credit Union

Once you have completed the necessary application form(s) please drop them in, mail or fax them back to us, so we can process your application(s).