Owning your own home just got a lot easier with a First Credit Union Welcome Home Loan.
A First Credit Union Welcome Home Loan offers:
- No deposit for Home loans up to $200,000.
- A loan of up to $280,000 or $350,000, depending on where you will be buying, with a deposit of 15% of the amount over $200,000. (The deposit can be gifted)
- The option of three or more borrowers living together, teaming up to purchase a home.
You may be eligible for a First Credit Union Welcome Home Loan if:
- You will be living in the home you purchase
- You have a maximum household income of $85,000 per annum (1 or 2 borrowers)
- You can have a maximum household income of $120,000 per annum (3 or more borrowers)
- You are a first home buyer.
Applying for a First Credit Union Welcome Home Loan is much the same as applying for one of our Home Loans. For more information refer to our frequently asked questions, contact us or check out the Welcome Home Loans website.