Our Variable Home Loans come with some great benefits...
- Variable and lump sum repayments
- Early repayment: There is no penalty for early repayment on any Family First Credit Union loan with the exception of securitied loans or mortgages paid out in the first four years of funding (applies only to loans settled before 30/6/2011).
- A redraw facility
- No monthly loan service fees
- Loan repayment insurance available
- Automatic repayments (salary/account)
Variable and lump sum repayments
By contributing any extra income to your loan, in addition to your usual repayments, you are able to pay off your loan sooner and therefore you could save thousands of dollars in interest costs.
Early repayment without penalty
The earlier you pay off your loan the more money you save in interest charges. However, a fee will apply if the loan is repaid within 4 years of the original date of funding. (NB only applies to loans settled before 30/6/2011).
A redraw facility
Family First gives you the option of making extra repayments on your loan and then having the flexibility of being able to redraw on these extra repayments. Terms and conditions are available on application.
No monthly loan service fees
Unlike some other institutions, we do not charge any account keeping or service fees on our mortgage accounts, saving you money.
Loan repayment insurance available
Loans are long term commitments, so it makes sense to protect your repayments. Learn more about our Loan Repayment Insurance.
Automatic repayments (salary/account)
You can arrange to make automatic repayments either by payroll deduction, direct debit from your savings or transaction account, Internet or Phone banking. Setting up automatic repayments saves you time and enables you to avoid any late fees.
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Apply for a Mortgage Loan. 
Questions?
If you have any questions, please contact us. 
