Variable Rate

QPCU's Variable Rate Home Loan provides flexibility at a competitive rate. This means that your repayment and interest rate are variable and change depending on market conditions.

Fixed Rate

QPCU has Fixed Rate terms ranging 3 or 5 years. As well as the security of a guaranteed rate and fixed repayments, this loan offers the free drawback facility and no penalty for extra payments (limited to $10,000 per year for 3 & 5 year fixed and a maximum of $30,000).

'No Frills'

Our 'No Frills' Home Loan gives members all the benefits of the Variable Rate Home Loan with the bonus of a lower interest rate. However, Lender's Mortgage Insurance is compulsory for this type of home loan. Drawback facility is not available for this product.

FlexiLoan Mortgage Secured Overdraft / Line of Credit

Access the available equity in your home for any worthwhile purpose with a FlexiLoan Mortgage Secured Overdraft. It operates as an overdraft on your savings account secured by your home (up to 80% of your home's value). It is a condition that your whole of pay must be credited to S1 account. By having all your income deposited to your FlexiLoan, you can reduce the balance and save on interest payments.

Interest Only / Bridging

Interest Only Loans for up to 5 years are available at the standard variable home loan rate, ideal for investors wanting to minimise costs.
Bridging Loans are available to those members who require funds to purchase residential property, pending the sale of their current home. Please contact QPCU for more information on Interest Only and Bridging Loans.