based on 5 Easy Street banking product reviews as rated by Mozo community

Easy Street home loans

Easy Street is owned and operated by Community First Credit Union, the largest of its kind in Sydney. Easy Street is a member owned and focused organisation, which means when you take out a home loan with this lender, your needs come first. 

Check out the mortgage deals on offer below, and find out all about the fees and features that come with an Easy Street home loan. 

What home loans do Easy Street offer?

Rates and fees verified as correct at 05 August, 2021. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

You can take out an Easy Street fixed rate home loan if you want to borrow an amount over $50,000, up to 95% of the value of the property. In terms of money saving features, you’ll be able to make free additional repayments and redraws and you’ll have the use of an offset account. You can also choose to split your loan between fixed and variable rates. Just remember to budget for an upfront application fee and a discharge fee.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments

2.29% p.a.

3.42% p.a.

$0.00

$500

2.29% p.a.

3.42% p.a.

$0.00

$500

2.29% p.a.

3.42% p.a.

$0.00

$500

2.29% p.a.

3.42% p.a.

$0.00

$500

Variable Rate Home Loans

Like the fixed rate alternative, Easy Street’s variable rate home loans are available for amounts up to 95% of the value of the property, starting from $50,000. You’ll have the use of an offset account to keep interest costs low, as well as a free redraw facility, and unlimited free extra repayments. Choose between monthly, fortnightly and weekly repayments to suit your schedule. But don’t forget there is an upfront application fee and a discharge fee to consider.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments

3.75% p.a.

3.79% p.a.

$0.00

$500

3.75% p.a.

3.79% p.a.

$0.00

$500

2.59% p.a.

2.63% p.a.

$0.00

$500

1.95% p.a.

1.99% p.a.

$0.00

$500

3.75% p.a.

3.79% p.a.

$0.00

$500

3.75% p.a.

3.79% p.a.

$0.00

$500

2.59% p.a.

2.63% p.a.

$0.00

$500

2.59% p.a.

2.63% p.a.

$0.00

$500

Easy Street home loan features in a glance

Free icon

Free extra repayments

Make unlimited free extra repayments on your fixed or variable rate home loan to keep interest costs down.

Offset icon

Offset account

All of Easy Street home loan offers come with the use of an offset account to help you save on your mortgage. This functions like a bank account, except the balance will offset daily against your home loan principal, reducing the amount of interest you pay over the life of your loan. 

Deposit icon

Low deposit

Easy Street home loans will allow you to borrow up to 95% of the property’s value - so struggling to save up a massive deposit won’t be an issue! Just bear in mind that if your LVR is over 80%, you may have to pay Lenders Mortgage Insurance which could add up to thousands of dollars. 

What do you need to apply for a Easy Street home loan?

Because Easy Street is a member-owned organisation, you’ll need to become a member before you take out a home loan, which involves putting in an application and paying a small fee for a membership share.

When you go ahead and apply for a mortgage, you’ll need:

  • Employment details, including your salary
  • Details of any other income, such as rent or share dividends
  • Your employer's contact details (name, address and phone number) 
  • Details of your assets and liabilities, including home and other property values, as well as the values of your savings and investments, shares, life insurance, motor vehicles and personal effects 
  • Details of all your monthly financial commitments (for example, other loan or credit card repayments)

Home loan quick links