---
title: "LINE OF CREDIT — Southern Cross Credit Union"
description: "Home Loans from Southern Cross Credit Union. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/southern-cross-credit-union/products/LINE_OF_CREDIT
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-15T11:18:32.000+10:00
---

# LINE OF CREDIT — Southern Cross Credit Union

> Home Loans from Southern Cross Credit Union. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans · SCCU**

LINE OF CREDIT

## At a glance

- **From (investment):** 8.48% (Variable)

## Interest rates

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Interest only repayment due on the 1st day of the month following interest charging at the end of previous month.) | 8.48% | — | — |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| HOME_LOAN_LEGAL_FEE — A one off fee required to document and settle your loan. | Event | $430.00 |
| PROPERTY_VALUATION_FEE — This fee covers the cost of valuing your property. When valuation is required, cost may vary dependant on a number of factors. Cost will be confirmed prior to ordering. | Cash advance | $0.00 |
| HOME_LOAN_SECURITY_VARIATION — When there is a variation made to the security used for an existing loan agreement. Charged per security. | Event | $300.00 |
| LOAN_VARIATION — When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term. | Event | $150.00 |
| LOAN_TOP-UP — Additional establishment fee for increasing your VARIABLE rate home loan at any point after the home loan has been finalised. Does not include Fixed rate loans | Event | $300.00 |
| RECONTRACTING_FEE — Any amendments made to the loan after the loan contract has been created but before it has been funded will incur a fee. | Event | $150.00 |
| DIRECT_DEBIT_DISHONOUR — Charged if your direct debit payment is dishonoured due to insufficient funds | Event | $15.00 |
| ESTABLISHMENT_FEE_LOC | Upfront | $699.00 |
| LOC_MTHLY_FEE — Charged monthly | Ongoing | $30.00 |
| UNUSED_LIMIT — Charged daily · Calculated on the daily available balance and posted to the account monthly | Ongoing | 1% of balance (D) |

## Features

- **Onging access to funds up to an approved limit**
- **Interest only repayments**
- **For personal investment purposes such as purchasing shares and investments**
- **Term up to 10years**

## Eligibility

- **Individuals only**
- **Minimum age** — 18 years
- **Residency status** (Must be an Australian citizen or permanent resident, with an Australian residential address)
- **Be able to meet SCCU assessment criteria and demonstrate capaity to repay the loan**
- **Provide acceptable residential mortgage security which must be insured with SCCU noted as interested party**

## Constraints

- **Maximum LVR** — 8000%
- **Minimum limit** — $20,000.00
- **Maximum limit** — $1,000,000.00

## More information from Southern Cross Credit Union

- [Overview](https://www.sccu.com.au/line-of-credit/)
- [Terms & conditions](https://www.sccu.com.au/sccu-loan-contract-general-terms-and-conditions/)
- [Eligibility](https://www.sccu.com.au/Line-of-Credit-TMD)
- [Fees & pricing](https://www.sccu.com.au/Schedule-of-Fees-and-Charges-Home-Loan-and-Personal-Loan)

## Data provenance

- Published by Southern Cross Credit Union under the Consumer Data Right
- Product ID: `LINE_OF_CREDIT`
- Last updated by the provider: 15 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/southern-cross-credit-union/LINE_OF_CREDIT
- Provider page: https://www.cdrcompare.au/brands/southern-cross-credit-union
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000103

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/southern-cross-credit-union/products/LINE_OF_CREDIT) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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