The LCU Mobile Banking App will be updated in March 2026. Further information will be provided shortly through our usual communication channels.

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Simple Home loan
Investment

Wanting to keep it simple?
Low rate. No ongoing fees. Just repayments.

Apply now

Simple Home Loan
Investment

5.35
%
variable
interest
rate1
PA
5.37
%
comparison
rate2
PA

Wanting to keep it simple? Low rate. No ongoing fees. Just repayments.

  • No account keeping or annual fees
  • Variable rate loan
  • Available for Investment Loans
  • Make unlimited additional repayments with no penalties
  • Easy repayment options to choose your method or set up salary deductions
Apply online Book appointment

Key Feature

Interest Rates
Variable Interest Rate
5.35%p.a.
Comparison Rate
5.37%p.a.
Fee
Annual Fee
$0
Monthly Fee
$0
Application Fee
$200
Features
Maximum Term in Years
30 years
Minimum Amount
$30,000
Additional Repayments
Unlimited extra repayments
Automatic Deposits (salary / account)
Yes
Repayments
Weekly, fortnightly or monthly
Maximum borrowing capacity (LVR)
80% LVR* up to a maximum of 95% with LMI**
Family Guarantee/Security Guarantor
Yes
Repayment type
Principal and interest
Offset Account
Not available
Redraw Facility
Not available

Information

1 Rates are subject to change. Please refer to our rates and fees page. Credit eligibility criteria, terms & conditions, fees & charges apply.

2 Comparison rate based on a loan of $150,000 over 25 years.

* LVR is the Loan to Value Ratio, refer to our Home loan FAQ for more information.

** Lenders Mortgage Insurance (LMI) up to 95% of the property value prior to the capitalisation of Lenders Mortgage Insurance.

Please see "Things you should know" below for more information.

Essential information

Key Facts Sheets

A Key Facts Sheet is a quick and easy way to understand your loan and its long-term value. To generate a Key Facts Sheet for our loans, please click the button below.

Get Key Facts Sheet

Calculator

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 2 pay slips or income statements
  • 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
Apply now

How do I apply?

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

Apply for a Home Loan Apply online now
Get in touch with our team Call us
Email your enquiry to our team Email us
Visit us at our branch Our Location
Additional information

Here’s some more information that might help you

View our Home loan FAQs here

Need more information about home loans, lenders mortgage insurance, or how to work out your loan to value ratio? You can find it all in our easy to read Home Loan FAQ.

Apply for a Home loan

You can easily apply for a home loan at any time with LCU.

Don’t have all your documents ready? Don’t worry, if you’re pushed for time, you can save your application and complete it at any time, on any device.

Download our Mobile Banking App

A straightforward interface makes it easy to find the things you use everyday while the variety of features you know from Internet Banking are tucked just below the surface. Available for download through the App Store or Google Play Store.

Take a look at our Home Loans

LCU offers a variety of home loans designed to fit your needs. Explore and compare our options to find the right loan and rate for you.

Compare Rates
Fees and charges

Check our fees and charges here. If you’d like a copy, we’re happy to send it by email or post whenever you need.

View Fees and charges
Things you should know

1 Rates are subject to change. Please refer to our rates and fees page. Credit eligibility criteria, terms & conditions, fees & charges apply.

2 Comparison 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.

*LVR is the Loan to Value Ratio, refer to our Home loan FAQ for more information.

**Lenders Mortgage Insurance (LMI) up to 95% of the property value prior to the capitalisation of Lenders Mortgage Insurance.

 

Please view the Target Market Determination for this product here

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”