Property Purchase Guide
 Refinancing with a different lender
Looking for a home loan that suits you better? Refinancing can be very beneficial but there are many considerations and costs that need to be taken into account before moving forward. At Police Credit Union we want to help you make an informed decision and make the process easy. If you need to clarify anything along the way, feel free to contact one of our helpful Branch staff or email us.
What are the benefits of changing lenders?
 Choosing a loan that more readily suits your needs.
With a Police Credit Union home loan there are no account keeping fees or penalties for additional payments.
What are the considerations?
There may be exit fees from your loan with your current lender to move loans.
You will need to have your home revalued.
Costs involved
Exit fees - Any fees that your current lender charges for exiting a loan.
Stamp Duty – If you borrow more money than your previous loan, you may have to pay stamp duty on the extra amount. We can go through this with you when you apply.
Legal fees – conveyancing costs and property search costs.
We have you covered
You will need to provide proof of your building insurance before the loan settles. At Police Credit Union we offer Allianz Home and Contents insurance making the process even easier for you.
What's next?
Now that you have all the information that you need you can take the next steps:
Use our calculators to see how much you think you can afford to borrow and repay.
Start the application process by filling out our online form.
Call one of our helpful Branch staff to find out more about Police Credit Union Home Loans or if you are in the Sydney Metropolitan area request a meeting with our Mobile Lender.
Find out more about our different types of home loans
Premium Home Loan
Equity Maximiser Home Loan
Fixed Interest Home Loan
Read our Guide A Smart Guide to Buying Property.
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