Home Loans - Resources Credit Union

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Home Loans

Home Loans

We understand that buying a home is probably the most important - and expensive - purchase you'll ever make. Resources has designed hassle-free home loans to make this venture even easier.

'Rapid' Discount Home Loan

A home loan that offers real flexibility so you can manage your mortgage as you choose.

Fully-featured loan to suit your needs
Pay extra to pay your loan off faster
Redraw available on additional repayments
Rate fixed for 6 mths then reverts to standard variable rate

New Members
^{less than 12 months}

5.19% pa

interest rate

5.29% pa*

comparison rate

Existing Members
^{12 months +}
4.99% pa
interest rate

5.09% pa*
comparison rate

'Special' Variable Home Loan $250,000+

Do you need to borrow $250,000 or more? Take advantage of this flexible home loan with all the bells and whistles.

For Loans over $250,000
Competitive interest rate
Flexible repayments to suit you
Redraw available on additional repayments

New Members
^{less than 12 months}
6.72% pa
interest rate

6.76% pa*
comparison rate

Existing Members
^{12 months +}
6.52% pa
interest rate

6.56% pa*
comparison rate

'Special' Variable Home Loan $150,000+

A straight forward home loan that is flexible to your needs.

For loans between $150,000 & $250,000
Competitive interest rate
Flexible repayments to suit you
Redraw available on additional repayments

New Members
^{less than 12 months}
6.84% pa
interest rate

6.92% pa*
comparison rate

Existing Members
^{12 months +}
6.64% pa
interest rate

6.71% pa*
comparison rate

'Virtue' Standard Variable Home loan

A fully-featured home loan with a competitive rate. Take advantage of our flexible repayment.

No penalty for early repayment
Pay extra to pay your loan off faster
Don't miss out on your first dream home!
Redraw available on additional repayments

New Members
^{less than 12 months}
7.34% pa
interest rate

7.42% pa*
comparison rate

Existing Members
^{12 months +}
7.14% pa
interest rate

7.22% pa*
comparison rate

Fixed Rate Home Loan

Provides you with the peace of mind that comes from knowing that your rates and payments remain the same for a fixed period of time.

Contact your branch for competitive interest rates
Fixed rate for 1, 2, 3 or 5 years
Flexible repayments to suit you
Redraw available on additional repayments

Contact a branch for interest rates

'Flexi' All-in-One Variable Home Loan

All-in-one home loans use your savings to reduce the interest charged on your home loan balance, which in turn reduces the overall cost of your home loan.

Attach your loan to your savings account
Competitive interest rate
Flexible repayments to suit you
Redraw available on additional repayments

New Members
^{less than 12 months}
7.57% pa
interest rate

Existing Members
^{12 months +}
7.37% pa
interest rate

Compare our Home Loans

Feature	'Rapid' Discount Home Loan	'Special' Variable Home Loan	'Virtue' Standard Variable Home Loan	Fixed Rate Home Loan	'Flexi' All-in-one Variable Home Loan
Interest Rate	View our interest rates
Minimun Amount	$30,000	$30,000	$30,000	$150,000	$50,000
Loan Period	Up to 30 years	Up to 30 years	Up to 30 years	Up to 30 years	Up to 10 years revolving ¹
Repayments	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly
Interest Charges	Calculated daily, charged monthly	Calculated daily, charged monthly	Calculated daily, charged monthly	Calculated daily, charged monthly	Calculated daily, charged monthly
Establishment Fee	$200	$200	$200	$200	$200
Account Keeping Fees	Nil	Nil	Nil	Nil	Nil
Variable and Lump Sum Repayments	Yes	Yes	Yes	Yes	Yes
Early Repayment without Penalty	Yes	Yes	Yes	No (within the fixed period)	Yes
Redraw Facility	Yes	Yes	Yes	Yes	No
Top Up Facility	Yes	Yes	Yes	Yes	Yes

^₁_{Up to 10 years as a revolving line of credit, then reverts to a principle and interest loan}

Apply

Apply for a Home Loan

Questions?

If you have any questions, please contact us

_{* Comparison rates are calculated on a loan amount of $150,000 over a term of 25 years.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. View our comparison rate schedule.

⁺ Discounted 'Loyal members' rate applies to members who have been a member of Resources Credit Union for 12 months or longer.}