Laboratories Credit Union Limited

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Intelligent Mortgage Fixed

Lock in one of our competitive interest rates for 1 or 2 years. This option gives you security knowing the rates won’t change during the locked period.

1 Year Fixed
6.59% pa
interest rate1

6.30% pa comparison rate*


2 Years Fixed
7.24% pa
interest rate2

6.46% pa comparison rate*


Apply OnlineEnquire

  How do I apply?
  What documents do I need?

  • 2 current payslips
  • If your pay is not currently deposited to an LCU account, please supply 3 months' of bank statements showing payroll income.
  • Proof and source of other income
  • If self-employed, full financial statements and tax assessments for the last 2 years and current figures no more than 3 months old
  • Statement of your home and/or any other loans
  • Latest 3 months of statements (all pages) for all credit/store cards showing the credit limit
  • Latest 3 months statements (all pages) of all bank accounts
  • Latest 3 months statements (all pages) of any "buy now/pay later" accounts (if applicable)
  • A recent copy of rental lease or if boarding, a letter from the owner
  • Council Rates notice for all properties owned

  Additional information

Rates are subject to change. Please refer to our rates and fees page.
*Comparison rate based on a secured loan of $150,000 over 25 years. Warning: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different comparison rate.
1Fixed rate is available for 1 years. At the end of the fixed period, loans with an original balance greater than $300,000 will revert to the Intelligent Mortgage 300 rate, loans with an original balance less than $300,000 will revert to the Intelligent Mortgage Variable rate.
2Fixed rate is available for 2 years. At the end of the fixed period, loans with an original balance greater than $300,000 will revert to the Intelligent Mortgage 300 rate, loans with an original balance less than $300,000 will revert to the Intelligent Mortgage Variable rate.


Intelligent Mortgage Fixed
Interest Rates
1 Year fixed interest rate6.59% pa1
1 Year fixed comparison rate6.30% pa
2 Year fixed interest rate7.24% pa2
2 Year fixed comparison rate6.46% pa
Fees
Establishment Fee916.24
Annual Fee$0 
Monthly Fee$0 
Redraw Fee$0 
Fixed Loan Break FeeYes 
Features
Automatic Deposits (salary / account)Yes
Minimum Amount$50,000 
Maximum borrowing capacity (LVR)80% No LMI, 95% with LMI
Minimum Term in Years1 
Maximum Term in Years30 
Redraw FacilityYes 
Offset Account100% offset available 
RepaymentsWeekly, fortnightly or monthly
Variable and lump sum repaymentsYes


 

1 Fixed rate is available for 1 years. At the end of the fixed period, loans with an original balance greater than $300,000 will revert to the Intelligent Mortgage 300 rate, loans with an original balance less than $300,000 will revert to the Intelligent Mortgage Variable rate.

2 Fixed rate is available for 2 years. At the end of the fixed period, loans with an original balance greater than $300,000 will revert to the Intelligent Mortgage 300 rate, loans with an original balance less than $300,000 will revert to the Intelligent Mortgage Variable rate.