Home Loans

Home Loans

Let us help you get the house of your dreams!

Whether you're purchasing a home for the first time, renewing your home loan, renovating your current home or buying a new one we can help.

Our home loans offer great interest rates and flexible repayment terms. We can pre-approve your home loan before you start looking so you know how much you can spend.


Our Rates 


  Current Rate
Floating  8.50% p.a.



1 Year Fixed

 2 Years Fixed


(Less than 80% LVR)

7.45% p.a

7.35% p.a


(Greater than 80% LVR)

7.99% p.a

7.85% p.a

Note: The above rates apply to owner occupied home loans only.


You are protected by responsible lending laws. Because of these protections, the recommendations given to you about our home loans are not regulated financial advice.

This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.


Don’t have the 20% deposit required by the banks? No problem! We are happy to consider home loan applications with a smaller deposit*.


Have a question? Check out our FAQ's to see if we've answered your question. If you would prefer to talk to someone, give us a call and one of our team will be happy to answer any questions you have. 


Ready to apply? Complete our home loan application and drop it off at one of our branches or email it to loans@firstcu.co.nz

Check out the important stuff
  • Important information

    For all home loans, First Credit Union's normal lending criteria, fees, interest rates, terms and conditions apply and are subject to change.

    If a home loan is greater than 80% of the property's value, a low equity interest rate premium does apply.

    Owner Occupied lending is:

    • Where there is a minimum 20% equity in the property, and the member(s) applying for the home loan intends to occupy the property; or
    • A First Home Loan.

    For fixed home loans - If you repay your home loan before the fixed term is finished, you may be charged early repayment fees. View our rates and fees here.