Bridging Loan Owner Occupied Variable
Variable - Owner Occupied - Interest Only - 12 Months Max
- From (owner occupied)
- 7.49%
- 7.51% comparison
Interest Rates
Owner occupied — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 7.49% | 7.51% | — |
Owner occupied — Interest only
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 7.49% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| VALUATION_FEE | Cash advance | Variable |
| SOLICITORS_FEES | Cash advance | Variable |
| REGISTRATION_FEES | Cash advance | Variable |
| PEXA_ELECTRONIC_LODGEMENT_FEE | Cash advance | Variable |
| CONTRACT_VARIATION_FEE | Event | $200.00 |
| MORTGAGE_DISCHARGE_FEE | Event | $200.00 |
| MORTGAGE_DISCHARGE_SOLICITORS_FEE | Cash advance | Variable |
| LENDERS_MORTGAGE_INSURANCE | Cash advance | Variable |
| OTHER_CERTIFICATES_AND_REPORTS | Cash advance |
Features
- Unlimited transactions
- Digital banking
- Real-time payments (NPP)
- PayID
- Notifications — SMS/Email Alerts - Set up SMS or email alerts for credits, debits, logins to your account and more
- Automatic Repayments can be set up from salary, LCU account, or external account
- Extra repayments
- Additional repayments. Unlimited attitional repayments without penalty
- No ongoing Fees. No annual, monthly or weekly fees
Eligibility
- Individuals only
- Residency status — At least one borrower must be an Australia resident
- Minimum age — 18 years
- Employment status — Income required to service loan. Applicant must meet LCU lending criteria
- Security on Australian Residential Property (1st mortgage)
- Maximum loan term is 1 year
- Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you choose to close your account.
Constraints
- Minimum limit — $50,000.00
- Maximum limit — $3,000,000.00
- Maximum LVR — 8000%No LMI
- Maximum LVR — 9500%With LMI
More Information
Published by Laboratories Credit Union under the Consumer Data Right · Last updated 16 June 2026 · Product ID Bridging_Loan_Variable · View on CDR.gov.au