LCU
Bridging Loan Owner Occupied Variable
Variable - Owner Occupied - Interest Only - 12 Months Max
Home loansBank updated 16 June 2026
At a glance
- Variable (owner occ. P&I)
- 7.49% · 7.51% comparison
- Max LVR
- 95%
- Features
- redraw, extra repayments
§ 01 — Rates · 2
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Owner occupied · Interest only | — | — | 7.49% | — | — |
| Variable | Owner occupied · P&I | — | — | 7.49% | 7.51% | — |
§ 02 — Fees · 13
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| CONSENT_FOR_A_SECOND_MORTGAGE | Cash advance | Varies | — | — |
| LAND_TITLE_SEARCH | Cash advance | Varies | — | — |
| LENDERS_MORTGAGE_INSURANCE | Cash advance | Varies | — | — |
| MORTGAGE_DISCHARGE_SOLICITORS_FEE | Cash advance | Varies | — | — |
| OTHER_CERTIFICATES_AND_REPORTS | Cash advance | Varies | — | — |
| PEXA_ELECTRONIC_LODGEMENT_FEE | Cash advance | Varies | — | — |
| REGISTRATION_FEES | Cash advance | Varies | — | — |
| SOLICITORS_FEES | Cash advance | Varies | — | — |
| VALUATION_FEE | Cash advance | Varies | — | — |
| CONTRACT_VARIATION_FEE | Event | $200 | — | — |
| MORTGAGE_DISCHARGE_FEE | Event | $200 | — | — |
| RTGS_TRANSFER_FEE | Transaction | $15 | — | — |
| LOAN_APPLICATION_FEE | Upfront | $200 | — | — |
§ 03 — Features
RedrawExtra repaymentsInstant paymentsPayIDDigital bankingUnlimited transactions
- · Automatic Repayments can be set up from salary, LCU account, or external account
- · No ongoing Fees. No annual, monthly or weekly fees
- · Interest calculated daily and applied monthly
- · Repayment type Interest Only
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: At least one borrower must be an Australia resident
- · Employment: Income required to service loan. Applicant must meet LCU lending criteria
- · Available to individuals
- · Amount $50,000 to $3,000,000
- · Maximum LVR 95%
- · 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 c…
§ 05 — Compare
§ 06 — Run the numbers
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Published by Laboratories Credit Union under the Consumer Data Right, last changed by them on 16 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.