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Southern Cross Credit Union home loans

Southern Cross Credit Union
Southern Cross Credit Union's overall rating for home loans

(as rated by the Mozo community)

7.2 / 10

based on 6 reviews

Southern Cross Credit Union home loans offer a range of packages for different needs, including the award-winning Basic Home Loan which took out a 2019 Mozo Experts Choice Award in the best Investor Home Loan category. 

Check out our range of home loans for an overview of interest rates, fees and more. Or you can compare with our home loan comparison tools.

Rates and fees verified as correct at 09 July, 2020. Other information correct at the time of writing.

What home loans do Southern Cross Credit Union offer?

Fixed Rate Home Loans Fixed Rate Home Loans

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

3.29% p.a.

4.88% p.a.

$0.00

$1,429

2.29% p.a.

4.33% p.a.

$0.00

$1,429

2.79% p.a.

4.17% p.a.

$0.00

$1,429

2.99% p.a.

4.18% p.a.

$400.00 yearly

$730

2.79% p.a.

3.91% p.a.

$400.00 yearly

$730

2.39% p.a.

3.52% p.a.

$400.00 yearly

$730


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Variable Rate Home Loans Variable Rate Home Loans

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

3.73% p.a.

3.83% p.a.

$0.00

$1,429

3.93% p.a.

4.03% p.a.

$0.00

$1,429

3.43% p.a.

3.53% p.a.

$0.00

$1,429

3.63% p.a.

3.73% p.a.

$0.00

$1,429

3.03% p.a.

3.13% p.a.

$0.00

$1,429

3.33% p.a.

3.43% p.a.

$0.00

$1,429

3.48% p.a.

3.53% p.a.

$0.00

$730

3.68% p.a.

3.73% p.a.

$0.00

$730

3.18% p.a.

3.23% p.a.

$0.00

$730

3.38% p.a.

3.43% p.a.

$0.00

$730

2.78% p.a.

2.83% p.a.

$0.00

$730

3.08% p.a.

3.13% p.a.

$0.00

$730

3.98% p.a.

4.43% p.a.

$400.00 yearly

$730

3.68% p.a.

4.14% p.a.

$400.00 yearly

$730

3.28% p.a.

3.75% p.a.

$400.00 yearly

$730

5.33% p.a.

5.43% p.a.

$0.00

$1,429

4.93% p.a.

5.03% p.a.

$0.00

$1,429

4.53% p.a.

4.63% p.a.

$0.00

$1,429


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*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

How are Southern Cross Credit Union home loans rated?

Southern Cross Credit Union home loans

Overall 7.2

Price

Features

Customer service

Convenience

Trust

6 Reviews

Recent Southern Cross Credit Union home loan reviews Recent Southern Cross Credit Union home loan reviews

Southern Cross Credit Union

Southern Cross Credit Union Basic Home Loan review

Overall rating   2 / 10

I wouldn't recommend SCCU

They encouraged me to swap from Westpac because their rates were "so much better". They have passed on less than 35 percent of the reserve bank interest cuts and I had to beg for those. Don' t make the same mistake.

Full review

They encouraged me to swap from Westpac because their rates were "so much better". They have passed on less than 35 percent of the reserve bank interest cuts and I had to beg for those. Don' t make the same mistake.

    Price   2 / 10

    Features   2 / 10

    Customer service   6 / 10

    Convenience   3 / 10

    Trust   1 / 10

Less

Robyn, New South Wales, reviewed 3 months ago

Southern Cross Credit Union

Southern Cross Credit Union Standard Home Loan review

Overall rating   4 / 10

I wouldn't recommend SCCU.

When we first moved to SCCU, I negotiated a very good rate and they promised us good rates and that they would look after us. Since then SCCU has absorbed for themselves well over 50 percent of the reserve bank interest rate reductions instead of...

Full review

When we first moved to SCCU, I negotiated a very good rate and they promised us good rates and that they would look after us. Since then SCCU has absorbed for themselves well over 50 percent of the reserve bank interest rate reductions instead of passing them on to us. They don't seem to have any system whereby the rates are passed directly on to the customer. You have go call the BBC bank a week after the reserve bank cut to ask why your rate hasnt dropped. On one recent Reserve bank cut they passed on 0 percent of the cut to me. I would not recommend SCCU.

    Price   4 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   8 / 10

    Trust   3 / 10

Less

Robyn, New South Wales, reviewed 3 months ago

Southern Cross Credit Union

Southern Cross Credit Union Home Loan review

Overall rating   10 / 10

The management and staff are very helpful and understanding. They all seem to go the extra yard to make sure we can continue business with them. I highly recommend them.

Full review

The management and staff are very helpful and understanding. They all seem to go the extra yard to make sure we can continue business with them. I highly recommend them.

    Price   9 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Tony, New South Wales, reviewed over 9 years ago

Southern Cross Credit Union

Southern Cross Credit Union Home Loan review

Overall rating   7 / 10

For me this product is perfect. The service at teh credit union is very friendly and personal so you can speak directly to the bank manager (an actual person) whenever you need to and they are very informed and competitive.

Full review

For me this product is perfect. The service at teh credit union is very friendly and personal so you can speak directly to the bank manager (an actual person) whenever you need to and they are very informed and competitive.

    Price   5 / 10

    Features   4 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Claudia, New South Wales, reviewed almost 10 years ago

Southern Cross Credit Union

Southern Cross Credit Union Home Loan review

Overall rating   10 / 10

very good service friendly people very helpful in all things i have nothing bad to say about them

Full review

very good service friendly people very helpful in all things i have nothing bad to say about them

    Price   8 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   4 / 10

    Trust   10 / 10

Less

Craig, New South Wales, reviewed almost 10 years ago

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What do you need to apply for a Southern Cross Credit Union home loan? What do you need to apply for a Southern Cross Credit Union home loan?

  • Personal details for each applicant (if necessary)
  • Contact details including a valid email address
  • Proof of salary (i.e. payslips) and evidence of other income including government payments and rental income
  • Statements for any liabilities including credit cards or other existing loans
  • A copy of your council rates notice
  • A copy of your driver's licence or passport
  • Home loan statements (if you’re refinancing)
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