7.4/10

Based on 114 G&C Mutual Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

G&C Mutual Bank home loans

Customer-owned and operating since 1959, G&C Mutual Bank provides a range of home loans, personal loans, savings accounts, credit cards and more. Because there are no external shareholders, G&C is able to direct its profits into creating a better experience for its customers. That means the home loans on offer are designed to make the road to home ownership as smooth as possible. 

What home loans do G&C Mutual Bank offer?

Rates and fees verified as correct at 13 October 2024. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

If the security of a fixed rate is for you, then check out the fixed rate home loan offers from G&C Mutual Bank. You can borrow up to 95% of a property's value, so long as the loan amount doesn’t exceed $2 million. There are upfront application, legal and valuation fees to consider, but in return, you’ll get to make free extra repayments up to 5% of your loan amount each year, and make use of an offset account. You can also use the redraw facility, although a minimum amount and fees apply. One thing to keep in mind is that unless you specify otherwise, at the end of your fixed rate term your home loan will roll into another fixed term of the same length at the rate on offer at that time.

Home loan repayments calculator

years

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

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

6.25% p.a.

6.30% p.a.

$0.00

$500

5.70% p.a.

5.76% p.a.

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

6.45% p.a.

6.50% p.a.

$0.00

$500

5.95% p.a.

6.01% p.a.

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

p.a.

n/a

$0.00

$500

Variable Rate Home Loans

For a little more flexibility, browse the variable rate home loans on offer from G&C Mutual Bank. You can borrow up to $2 million or 95% of the property’s value. There are application, legal and valuation fees to budget for, but the good news is, you can make unlimited free extra repayments in order to pay your loan off quicker. You can also make use of a redraw facility, but keep in mind that fees and a minimum amount apply. If you like, you can also choose to split your loan between fixed and variable rates, for the best of both worlds.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments

6.74% p.a.

6.77% p.a.

$0.00

$0

6.84% p.a.

6.87% p.a.

$0.00

$0

5.95% p.a.

5.98% p.a.

$0.00

$0

6.64% p.a.

6.67% p.a.

$0.00

$0

6.34% p.a.

6.37% p.a.

$0.00

$0

6.24% p.a.

6.27% p.a.

$0.00

$0

6.44% p.a.

6.47% p.a.

$0.00

$0

8.90% p.a.

8.96% p.a.

$0.00

$500

8.75% p.a.

8.82% p.a.

$0.00

$500

7.04% p.a.

7.07% p.a.

$0.00

$0

7.14% p.a.

7.17% p.a.

$0.00

$0

6.74% p.a.

6.77% p.a.

$0.00

$0

6.64% p.a.

6.67% p.a.

$0.00

$0

6.84% p.a.

6.87% p.a.

$0.00

$0

9.41% p.a.

9.49% p.a.

$0.00

$500

9.21% p.a.

9.28% p.a.

$0.00

$500

Line of Credit

Product Rate Comparison Rate Service fee Upfront fee

9.29% p.a.

n/a

$0.00

$500

9.54% p.a.

n/a

$0.00

$500

G&C Mutual Bank home loan features in a glance

Free icon

Free extra repayments

Pay off your home loan quicker by making free extra repayments - unlimited on variable rate options, and up to 5% of your loan balance each year for fixed rate offers.

Offset icon

Offset account

Save money on your home loan by making use of the offset account. Just remember, this feature is only available on fixed and package options from G&C Mutual.

Deposit icon

Low deposit

Having trouble saving up a deposit for your home loan? With G&C Mutual, you can borrow up to 95% of the value of your dream home.

How are G&C Mutual Bank home loans rated?

Mozo users have rated G&C Mutual Bank home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
G&C Mutual Bank home loans customer reviews
Overall
8.3/10
Price
8.5/10
Features
7.5/10
Customer service
8.9/10
Convenience
7.3/10
Trust
8.1/10
Based on 8 G&C Mutual Bank product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent G&C Mutual Bank home loan reviews

G&C Mutual Bank Fixed Rate
Overall 2/10
Competitive home loan rates, that's it.

Online banking system needs an overhaul, no dedicated smartphone app, no 24-hour call centre but they had good home loan rates.

Read full review

Online banking system needs an overhaul, no dedicated smartphone app, no 24-hour call centre but they had good home loan rates.

Price
4/10
Features
1/10
Customer service
3/10
Convenience
0/10
Trust
2/10
Less
Iyan, Queensland, reviewed almost 9 years ago
G&C Mutual Bank Fixed Rate
Overall 9/10
Competitive & great customer service

G&C Mutual Bank have treated me with nothing but honest down to earth customer value with cheap credit card rates & loans of all types and extremely helpful in all my banking needs.

Read full review

G&C Mutual Bank have treated me with nothing but honest down to earth customer value with cheap credit card rates & loans of all types and extremely helpful in all my banking needs.

Price
9/10
Features
9/10
Customer service
9/10
Convenience
9/10
Trust
9/10
Less
Julie, New South Wales, reviewed over 9 years ago
G&C Mutual Bank Home Loan
Overall 10/10
Excellent service

Can only describe SGE credit union as being the best to deal with.

Read full review

Can only describe SGE credit union as being the best to deal with.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Ivan, Victoria, reviewed about 10 years ago
G&C Mutual Bank Standard Variable
Overall 10/10
Fantastic institution

Great staff and customer service and competitive rates

Read full review

Great staff and customer service and competitive rates

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Kimberly, New South Wales, reviewed over 10 years ago
G&C Mutual Bank Standard Variable
Overall 10/10
Fantastic customer service and great rates

Fantastic company would highly recommend them.

Read full review

Fantastic company would highly recommend them.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
7/10
Trust
9/10
Less
Patricia, New South Wales, reviewed over 11 years ago

What do you need to apply for a G&C Mutual Bank home loan?

To apply for a G&C Mutual Bank home loan you can enquire online and set up a meeting with a mortgage consultant. When you do, make sure you have:

Also, remember that before you can actually secure the home loan, you’ll have to become a G&C Mutual Bank member.

Home loan quick links