QPCU will lend up to 95% of the valuation or purchase price of a residential property - whichever is lower. If you wish to buy an investment property you can borrow up to 90% under the same terms#^.

If refinancing, the maximum loan amount is 90% of the Credit Union's independent valuer's valuation#.

Our loans are secured by a first mortgage, however a second mortgage is permitted behind Defence Service Homes. Additional amounts may be added to existing home loans, the minimum increase is $1,000.

If the loan exceeds 80% of the value of the property, Lenders Mortgage Insurance will be required, and approval is subject to the Mortgage Insurer accepting the risk.