Loan

How do you apply for a loan? 

To initiate a loan application, you need: 

• Fill out a loan application form - this can be done with staff assistance in-branch, over the phone or through our online application form, depending on the loan you're applying for. 

• Provide supporting evidence - Ensure you have necessary documents such as confirmation of income, bank statements and required loan security details. 

• Wait for pre-approval - our team will review your application, and you’ll receive a pre-approval decision. At BHCCU, we aim to provide pre-approval within 24 hours* of your application.
  *business hours

Home loans 

Unlock the door to homeownership with BHCCU's home loans. Our commitment is to make your dream home a reality, and we provide the tools to ensure a seamless and informed process. Our home loan calculator assists you in estimating mortgage costs, while the home loan key fact sheet provides essential details at a glance. At BHCCU, we value transparency by providing you with all the details so you can make empowering financial decisions for you.

Building loans 

BHCCU offers building loans with competitive rates and flexible terms. Navigate the possibilities and embark on a journey toward constructing the perfect space for you and your family. Whether you're dreaming of a new build or planning renovations, our building loans provide the foundation for your aspirations.

Personal loans 

Empower your life's pursuits with BHCCU's personal loans. We understand that everyone's journey is unique, and our personal loans are designed to provide the funds and flexibility you need to achieve your goals. Navigate your borrowing capacity and repayments using our personal loan calculator, and take control of your financial destiny.

Car loans

BHCCU's car loans put you in the driver's seat of your desired vehicle. Experience competitive rates and flexible terms designed to accelerate your journey. Whether you're eyeing a new car loan or a used car loan, BHCCU offers both so you have more freedom to choose your dream car. 

Special offers

Explore exclusive opportunities with BHCCU's special loan offers. Tailored opportunities for limited time to meet unique needs, seize the moment and turn financial aspirations into reality.

Explore current loan special offers:

Explore loan options with BHCCU

Whether it's achieving homeownership, building your dream space, funding life's adventures, or hitting the road in style, our diverse loan options cater to your unique needs. To learn more and take the next step toward your financial goals, contact us today. Our dedicated team is ready to provide personalised assistance and guide you through the process. 

FAQs

What factors influence my eligibility for a home loan?

To apply for a home loan at BHCCU, you must meet certain criteria: 

• All applicants must be at least 18 years old 

• Australian citizens or permanent residents of Australia 

• Have a regular income to ensure you can afford the loan repayments

Does BHCCU offer phone consults with staff for pre-approval assessments?

Yes. At BHCCU, you can speak directly to a staff member who is assessing your loan application, either in the branch or over the phone. That way if you need assistance, we are here to help you through the process. 

How can I calculate my monthly repayments for a personal loan?

Calculating your monthly repayments for a personal loan using BHCCU’s personal loans calculator. Instantly determine your monthly repayment amount and interest rate. This tool empowers you to make informed decisions and plan your finances effectively.

How long does it take to be approved for a loan?  

The approval time frame varies based on factors such as the complexity of the application and the completeness of submitted documents. However, BHCCU is committed to respecting your time and we aim to provide pre-approval within 24 hours * of application. 

*business hours

Can I make additional payments on my loan to pay it off faster?

Depending on the loan type, you may be eligible to make additional payments on your loan. This can accelerate your payoff and reduce the overall interest paid. To find out more, get in contact with the BHCCU team for assistance. 

Important Information

The Broken Hill Community Credit Union Ltd ABN 12 087 650 762 Australian Credit Licence 238020. Credit eligibility criteria, terms and conditions, fees and charges apply. Full details are available on application.