Buy a home

Buying a home is one of the most important decisions that you'll make in your life. That's why you need to plan well ahead and make sure you choose the best home loan option available.

At Police Credit, we offer our members a range of home loan options. Our friendly and experienced home loan consultants will talk with you about your requirements, help you choose a loan that suits your budget and assist you throughout the home loan process. As a member, you're also entitled to a free PC Home Buying Guide. Call PC Home Loan centre on 13 63 73 option 4 to request for one to be mailed out to you or download PC Home Buying Guide now.

Benefits of a PC home loan

• Competitive interest rates
• Range of home loans tailored to suit your needs
• Flexible repayment options
• Finance for up to 95% of your property’s value
• Competitive no-obligation insurance quotes
• Loan protection insurance
• Free PC Home Buying Guide

Popular loans for first time home buyers

• PC Premium Home Package
• PC Offset Home Loan
• PC Standard Variable Loan

Compare all PC home loans

Offset facility

An offset account is a savings and/or transaction account that's linked to your home or investment loan. The credit balance of your transaction account is offset daily against your outstanding loan balance, reducing the interest you pay.

For example: if you borrow $200,000 and the balance in your offset savings account is $20,000, we will only calculate interest on $180,000.

Save on interest by offsetting the funds in your linked PC EzePay (S20) or Investor Account (S31) against the balance of your loan. You can choose to link an offset facility by selecting one of the following standard variable loan options:

• PC Offset Home Loan for your residential or investment property
• PC Premium Home Package for your residential property
• WealthBuilder$ for your investment property

Redraw facility

Our redraw facility on variable interest rate home loans allows you to withdraw directly from your home loan account any repayments you've made that are more than your contractual repayments. The minimum redraw is $50 and the maximum is the amount of advance repayments you've made. You can make as many redraws as you like and there's no fee to do so!

Loan portability

Loan portability means that you can move your loan to another property without changing the conditions of your loan contract (that is, the loan amount and term). You can do this by selling your current property and buying another one at the same time. Or you might prefer to provide us with another security for your loan that’s of equal or greater value. This means you don’t need to repeat the application process. A security substitution fee applies and the new security must fit with PC ’s lending policy guidelines.

PC top-up

Want to use the equity you have on your property for travel, shares or to buy another property? A PC top-up loan allows you to turn the equity in your home or investment property into a source of funds for other purposes. Before making a decision, speak to one of our home loan consultants – call 13 63 73 option 4.

Loan protection insurance

Loan protection insurance is a simple way to ensure your loan repayments are made if something happens to you – if you're injured in an accident, if you get sick and can't work, or in the event of death.