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  • BCU Standard Variable

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    home loans

    • 6.84%variable

    • 6.88%

    • $0.00

    • $600

    Rates

    Variable rate
    6.84%
    Intro rate
    none
    Intro rate term
    none
    Intro rate type
    none
    Comparison Rate*
    6.88%
    Fixed 1 year rate
    none
    Fixed 2 year rate
    none
    Fixed 3 year rate
    none
    Fixed 4 year rate
    none
    Fixed 5 year rate
    none
    Fixed 7 year rate
    none
    Fixed 10 year rate
    none
    Fixed loan revert rate
    none

    Fees

    Application fee
    $600.00
    Legal fee
    $0.00
    Valuation fee
    $
    Settlement fee
    $
    Other upfront fee (% of loan)
    none
    Service fee
    $0.00
    Discharge fee
    $0.00
    Early Exit Fee after 1 year assuming $300,000 loan
    $0

    Features

    Repayment Frequency
    Weekly, fortnightly or monthly
    Extra repayments
    Yes - free
    Repayment holidays
    none
    Redraw facility
    Yes - free
    Minimum redraw amount
    $500.00
    Split account
    Yes
    Offset account
    yes
    Other restrictions
    Monthly membership levy of $6.
    Other benefits
    none

    Other financial bits

    Minimum loan amount
    $10,000.00
    Maximum loan amount
    $

    About BCU

    BCU began in 1970 when a group of north coast banana growers pooled their resources, and formed a credit union. Since those humble beginnings BCU has grown to 54,000 members, and includes 23 branches from Port Macquarie to Beaudesert, a call centre located in northern NSW and Telephone and Internet banking facilities. Profits are returned back to members through loyalty rebates, affordable loans, sponsorships and educational programs. Regardless of where you live in Australia, BCU has a wide range of personal finance options to simplify your banking, including credit cards, home loans, personal loans, savings and transaction accounts and term deposits.

    How are BCU home loans rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    BCU home loans 7.5 Based on 6
    BCU home loan reviews
    7.6 5.5 7.8 7.5 7.7

    Read BCU home loan reviews by the Mozo community

    Latest reviews of BCU Standard Variable

      • UBank UHomeLoan - Refinance only *

        * Fees and charges are payable

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        It couldn't have been easier.

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        Great product with all the bells and whistles attached. Deal direct with a person and not over the phone like our old bank.       Full review 

        Great product with all the bells and whistles attached. Deal direct with a person and not over the phone like our old bank.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        BCU Standard Variable home loan review by Owen from New South Wales

        Was this review helpful?

        Yes
      • UBank UHomeLoan - Refinance only *

        * Fees and charges are payable

        Show Rates

        OK banking

          1. Overall customer rating
          2. (Reviewed 18 days ago)

        The BCU needs to catch up with 2012 banking. There is no app ( and I have enquired from staff) for phone banking. Our experience is that it has often taken more than one appointment to get a change of organisation within our accounts to be enacted...       Full review 

        The BCU needs to catch up with 2012 banking. There is no app ( and I have enquired from staff) for phone banking. Our experience is that it has often taken more than one appointment to get a change of organisation within our accounts to be enacted. The physical structure of the organisation is developing and growing, but I really feel it needs a shot in the arm with PR on the front line and perhaps better access to inquiries and customer service through a total online availability.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        BCU Standard Variable home loan review by Robyn from New South Wales

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        Yes
      • UBank UHomeLoan - Refinance only *

        * Fees and charges are payable

        Show Rates

        Penalised for paying payments ahead in redraw home

          1. Overall customer rating
          2. (Reviewed 3 months ago)

        I paid off my mortgage that was set up with redraw facility with payment of $40000 to save on interest as it seemed the best option for us & when we tried to redraw on same approx. 8 weeks later we were advised that they closed our loan & now we h...       Full review 

        I paid off my mortgage that was set up with redraw facility with payment of $40000 to save on interest as it seemed the best option for us & when we tried to redraw on same approx. 8 weeks later we were advised that they closed our loan & now we have to reapply (more application, setup, etc fees & all) to remortgage our home, even though we had not finalised agreement or received ANY NOTIFICATION of such from the credit union other than our usual monthly printout statements that we'd overlooked checking the loan balance as we knew we were WAY AHEAD...big costly error.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        BCU Standard Variable home loan review by Charm from New South Wales

        Was this review helpful?

        Yes

    *The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan, based on the loan amount and loan term you entered. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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