Savvy First Home
Buyer Loan

Apply online

Savvy First Home
Buyer Loan


Our Savvy First Home Buyer Loan is designed to help first home buyers pay off their home loan as quickly as possible!

Discount of 0.50%1 for the first 3 years of your loan

100% offset

No redraw fees

No ongoing fees

Variable and lump sum repayments

Automatic repayment from salary

Only available for owner-occupier loans


Key Feature

Interest Rates
Variable Interest Rate
Comparison Rate
Annual Fee
Monthly Fee
Redraw Fee
Application Fee
Introductory Rate Term in Years
3 years
Additional Repayments
Unlimited Extra Repayments
Offset Account
100% offset available
Automatic Deposits (salary / account)
Minimum Amount
Maximum borrowing capacity (LVR)
Maximum Term in Years
Redraw Facility
Weekly, fortnightly or monthly


What do I need to apply?

Here's a list of everything that you'll need to apply for a home loan with us.

Home loan checklist

Latest 3 months of statements (all pages) for all credit/store cards showing the credit limit

Latest 3 months statements (all pages) of all bank accounts

Latest 3 months statements (all pages) of any “buy now/pay later” accounts (if applicable)

A recent copy of rental lease or if boarding, a letter from the owner

Council Rates notice for all properties owned

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How do I apply?

Applying is simple! At LCU you have the flexibility to apply whenever and wherever you want to.

Quick Start home loan application Apply online now
Call us (02) 9859 0555
Visit us at our branch Our location
our offer

Key Facts Sheets

To generate a Key Facts Sheet for our home loans, please click the button below.

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Take a look at our Home Loans

At LCU, we have a wide range of home loans which have been tailored to suit your needs. For full details on our various home loans and rates,

Ready to get started?

When you’re ready to apply, you can book an appointment online or request a call from a LCU home lending specialist who will help you with your application.

Things you should know

1Rates are subject to change. Please refer to our rates and fees page. Credit eligibility criteria, terms & conditions, fees & charges apply. Only first home buyers are eligible for “The Savvy First Home Buyer Loan” which offers an ongoing discount of 0.50% off our Intelligent Mortgage Variable Loan Rate for the first 3 years after funding. This product is only available for owner occupied, principal & interest loans. Not available for the refinance of existing LCU loans.

2Comparison rate based on a loan of $150,000 over 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.

Disclaimer: “Does not include 3rd Party & Government charges such as: Lenders mortgage Insurance, Lands and Titles, Stamp duty, Valuation or Solicitors fees involved with setting up a home loan and amounts do vary per State & Territory”