You don’t buy a house just because it looks good so why would you accept a home loan on the same terms

September 7, 2016 in Latest News

You don’t buy a house just because it looks good so why would you accept a home loan on the same terms

We think chasing the lowest interest rate makes sense financially but does it really? It may be a cheap interest rate for a reason. There could be “other” fees waiting to be applied throughout the loan or on termination.

When you buy a home it’s subject to scrutiny, you may not realise but your Solicitor does a lot of investigating on your behalf. As part of the process you get a pest and building inspection and thoroughly read through this report so you know what you are buying and that there are no surprises waiting to take your money. Your home loan product should be no different.  Treat it like you would your pest and building report, dig deep and see that the product suits your current needs.

On 1st September 2016 we will be dropping our Advantage Plus Home Loan rate. We call this Advantage Plus for a reason.  Maleny Credit Union has been practicing Sustainable Banking long before the word “sustainable” became trendy.  We have always had a point of difference and as others catch up we make changes so that we still have that advantage.  Currently we reward home loan customers with an extra discounted interest rate over the term of the loan if they have any three of the following:

  • Solar, Gas or Heat Pump hot water system
  • Solar Power
  • Rainwater Tanks (minimum 1000 litres)
  • Eaves not smaller than 600mm on eastern and western walls
  • Insulated walls
  • Installing or have Eglass

Check our website www.mcu.com.au for all loan rates and features or give Sandra or Stephanie a call on 5499 8988.