Laboratories Credit Union Limited

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Intelligent Mortgage Fixed

Lock in one of our competitive interest rates for 1, 2 or 3 years. This option gives you security knowing the rates won’t change during the locked period.

1 Year Fixed
3.89% pa
interest rate1

4.39% pa comparison rate*


2 Years Fixed
4.19% pa
interest rate2

4.40% pa comparison rate*


3 Years Fixed
4.39% pa
interest rate3

4.44% pa comparison rate*

  • No application fee
  • No on-going fees
  • 100% offset available
  • Variable and lump sum repayments
  • Automatic repayment from salary

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  How do I apply?
  What documents do I need?

Evidence of Income:

  • Copy of 2 current pay slips or a letter from your employer stating commencement date and salary details
  • Proof and source of other income
  • If self-employed please provide full financial statements and tax assessments for the last 2 years and current figures no more than 3 months old
  • A copy of a recent rental lease or bank statements showing receipt of rent.
  • If your pay is not currently deposited to a LCU account, please supply 3 months statement showing payroll income

Evidence of Commitments:

  • Statement of your home and/or other loans
  • A copy of a recent rental lease or if boarding, a letter from the owner
  • Statement of all credit cards and store cards
  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.
3Fixed rate is available for 3 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 rate3.89% pa1
1 Year fixed comparison rate4.39% pa
2 Year fixed interest rate4.19% pa2
2 Year fixed comparison rate4.40% pa
3 Year fixed interest rate4.39% pa3
3 Year fixed comparison rate4.44% pa
Fees
Establishment FeeValuation and mortgage preparation fees at cost
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 year 
Maximum Term in Years30 years 
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.

3 Fixed rate is available for 3 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.