---
title: "PREMIUM HOME LOAN — 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/PREMIUM_HOME_LOAN
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-09T11:02:48.000+10:00
---

# PREMIUM HOME LOAN — 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**

Suitable for Investment and Owner Occupied residential borrowing. LVR up to 95%. Fixed and Variable rates available including for construction purpose (variable only)

## At a glance

- **From (owner occupied):** 5.93% (6.28% comparison)

## Apply

Applications are handled by the provider: [Apply at Southern Cross Credit Union](https://sccu.apply-online.com.au/#/0923jvo2-fewf-4be3-89e7-mkfin2fbffj2)

## Interest rates

### Owner occupied — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 5.93% | 6.28% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.19% | 6.31% | UP TO 60%LVR |
| Variable (Only available to applicants that meet Australian Gov 5% deposit scheme eligibility criteria) | 6.23% | 6.57% | OVER 80 TO 98%LVR |
| Variable | 6.23% | 6.57% | OVER 80 TO 95%LVR |
| Variable | 6.23% | 6.57% | OVR 60-80%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.24% | 6.34% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.34% | 6.4% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier · Only available to applicants that meet Australian Gov 5% deposit scheme eligibility criteria) | 6.39% | 6.59% | OVER 80 TO 98%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.39% | 6.59% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry) | 6.39% | 6.45% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.39% | 6.59% | OVER 60-80%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier · Only available to applicants that meet Australian Gov 5% deposit scheme eligibility criteria) | 6.44% | 6.62% | OVER 80 TO 98%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.44% | 6.62% | OVER 80 TO 95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.44% | 6.62% | OVER 60-80%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.49% | 6.52% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier · Only available to applicants that meet Australian Gov 5% deposit scheme eligibility criteria) | 6.54% | 6.66% | OVER 80 TO 98%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.54% | 6.66% | OVER 80 TO 95%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.54% | 6.66% | OVER 60-80%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier · Only available to applicants that meet Australian Gov 5% deposit scheme eligibility criteria) | 6.59% | 6.71% | OVER 80 TO 98%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.71% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.71% | OVER 60-80%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 7.05% | OVER 80-95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.64% | 7.05% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier · Only available to applicants that meet Australian Gov 5% deposit scheme eligibility criteria) | 6.69% | 6.78% | OVER 80 TO 90%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.78% | OVER 80 TO 95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.78% | OVER 60-80%LVR |
| Variable | 6.73% | 7.07% | OVER 80-95%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.74% | 7.07% | OVER 80-95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 7.09% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 7.14% | OVER 80-95%LVR |

### Owner occupied — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Interest Only options available for up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.23% | 6.41% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.39% | 6.33% | UP TO 60%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.44% | 6.38% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.49% | 6.44% | UP TO 60%LVR |
| Variable (Interest Only Options available up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.53% | 6.71% | OVER 80 TO 95%LVR |
| Variable (Interest Only options available up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.53% | 6.71% | OVER 60-80%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.61% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.52% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.61% | OVER 60-80%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.64% | 6.66% | OVER 80 TO 95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.64% | 6.66% | OVER 60-80%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.71% | OVER 80 TO 95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.61% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.71% | OVER 60-80%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.78% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.78% | OVER 60-80%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 7.07% | OVER 80-95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.84% | 7.09% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.87% | OVER 80 TO 95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.87% | OVER 60-80%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 7.11% | OVER 80-95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.99% | 7.16% | OVER 80-95%LVR |
| Variable (Interest Only options available for up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.03% | 7.2% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.09% | 7.23% | OVER 80-95%LVR |

### Investment — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable | 6.13% | 6.48% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.39% | 6.5% | UP TO 60%LVR |
| Variable | 6.43% | 6.77% | OVER 80 TO 95%LVR |
| Variable | 6.43% | 6.77% | OVER 60-80%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.44% | 6.54% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.54% | 6.59% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.79% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.64% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.79% | OVER 60-80%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.64% | 6.81% | OVER 80 TO 95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.64% | 6.81% | OVER 60-80%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.72% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.74% | 6.86% | OVER 80 TO 95%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.74% | 6.86% | OVER 60-80%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.9% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.9% | OVER 60-80%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 7.25% | OVER 80-95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.84% | 7.24% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.97% | OVER 80 TO 95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.97% | OVER 60-80%LVR |
| Variable | 6.93% | 7.26% | OVER 80-95%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.94% | 7.27% | OVER 80-95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.99% | 7.29% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.09% | 7.34% | OVER 80-95%LVR |

### Investment — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Interest Only options available for up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.43% | 6.61% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.59% | 6.52% | UP TO 60%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.64% | 6.58% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.69% | 6.64% | UP TO 60%LVR |
| Variable (Interest Only options available up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.73% | 6.9% | OVER 80 TO 95%LVR |
| Variable (Interest Only options available for up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.73% | 6.9% | OVER 60-80%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.81% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.72% | UP TO 60%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.79% | 6.81% | OVER 60-80%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.84% | 6.85% | OVER 80 TO 95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.84% | 6.85% | OVER 60-80%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.9% | OVER 80 TO 95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.81% | UP TO 60%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.89% | 6.9% | OVER 60-80%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.99% | 6.98% | OVER 80 TO 95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.99% | 6.98% | OVER 60-80%LVR |
| Fixed · 1 year (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 6.99% | 7.27% | OVER 80-95%LVR |
| Fixed · 2 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.04% | 7.31% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.09% | 7.06% | OVER 80 TO 95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.09% | 7.06% | OVER 60-80%LVR |
| Fixed · 3 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.09% | 7.31% | OVER 80-95%LVR |
| Fixed · 4 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.19% | 7.36% | OVER 80-95%LVR |
| Variable (Interest Only options available up to 5yrs at a time. Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.23% | 7.4% | OVER 80-95%LVR |
| Fixed · 5 years (Rate reverts to variable PI rate of applicable LVR tier upon expiry.) | 7.29% | 7.43% | OVER 80-95%LVR |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| ANNUAL_PACKAGE_FEE — Charged yearly · Charged in advance and annually on the anniversary of first loan funding. Single Fee charged per customer and multiple accounts available under the package. | Ongoing | $395.00 |
| BREAK_COST_FEE — May be applicable if a FIXED rate loan is paid out early or a variation is requested to break fixed rate term in favour of applying a variable rate | Cash advance | $0.00 |
| CONSTRUCTION_LOAN_PROGRESS_FEE — Applicable to construction loans  only when progressive payments are made to your builder. | Event | $450.00 |
| DEPOSIT_BOND_HANDLING — Fee charged to assist with the completion and submission of a Deposit Bond application | Event | $110.00 |
| FIXED_RATE_LOCK_FEE — May be applicable on Fixed rate loan. 0.15% of loan amount or a mimimum of $750, charged per Fixed rate lock request | Cash advance | 0.15% of transaction |
| GUARANTOR_SECURITY_VARIATION — Changes to a guarantor security and removing guarantor(s) from a loan. Charged per security | Event | $300.00 |
| HOME_LOAN_LEGAL_FEE — A one off fee required to document and settle your loan. | Event | $430.00 |
| HOME_LOAN_PRODUCT_SWITCH — Variations to your loan including changing product, fixing your interest rates or switching between interest only and principle and interest repayments, will incur a product switch fee. | Event | $300.00 |
| 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 |
| HOME_LOAN_TRUST_DEED_LEGAL_FEE — A trust deed is reviewed if a trust entity is the borrower or guarantor of the loan. | Event | $132.00 |
| LOAN_CONSOLIDATION — Applicable when one or more VARIABLE rate loans with SCCU are to be consolidated. Does not include Fixed rate loans. | Event | $300.00 |
| LOAN_DISCHARGE_FEE — This fee covers the costs associated with releasing your title and is charged per security discharged | 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 |
| 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 |
| 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 |
| REDRAW_IN_BRANCH — Charged if you access advance payment on your loan in-branch. Redraw available while on VARIABLE rates only | Transaction | $25.00 |
| SECURITY_GUARANTEE_FEE — If you require or elect to have a guarantor for your loan, this fee is charged to cover the additional administration costs. This fee is charged per guarantor. | Event | $200.00 |
| HOME_LOAN_VARIATION — When there is a variation made to an existing home loan agreement. For example change to remaining loan term, altering repaymentsand principal reduction | Event | $300.00 |

## Features

- **Offset account** (Up to 8 offset accounts available)
- **Redraw facility** (access to additional repayments made over and above the minimum required.)
- **Construction loans available**
- **Loan terms up to 40years available**
- **Interest Only options available**
- **Additional benefits such as 60-80%LVR rates for loans over 80%LVR and no requirement for LMI up to 90% LVR for applicants on Professional list such as Medical, Health, Legal and Financial Professionals**
- **Extra repayments**

## Eligibility

- **Individuals only**
- **Residency status** (Must be an Australian Citizen or permanent resident, with an Australian residential address)
- **Minimum age** — 18 years
- **Meet SCCU assessment criteria and capacity demonstrated to repay the loan**
- **Provide acceptable residential mortgage security which must be insured with SCCU noted as interested party**
- **Meet all scheme criteria if utilising the Australian Gov 5% deposit scheme**

## Constraints

- **Maximum LVR** — 9800% (Subject to deposit scheme eligibility criteria)
- **Minimum limit** — $250,000.00

## More information from Southern Cross Credit Union

- [Overview](https://www.sccu.com.au/home-loans/)
- [Terms & conditions](https://www.sccu.com.au/sccu-loan-contract-general-terms-and-conditions/)
- [Eligibility](https://www.sccu.com.au/target-market-determination/)
- [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: `PREMIUM_HOME_LOAN`
- Last updated by the provider: 9 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/southern-cross-credit-union/PREMIUM_HOME_LOAN
- 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/PREMIUM_HOME_LOAN) — 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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