How do I switch to another loan?

If you're currently on a fixed rate home loan, breaking your fixed rate term could result in an early repayment fee (ERF). You should contact us to determine whether an ERF applies.

If you're currently on a variable interest rate, you can switch to another fixed or variable interest rate at any time. A fee may apply.

To switch to another loan, simply give us a call or visit your nearest financial services store and let us know what you'd like to do.

How will I know when it's time to switch?

You can switch your loan when you want to take advantage of a lower rate or want to fix all or part of your loan so you can lock in a competitive rate for a term while enjoying repayment certainty for a term. 

If you're currently on a fixed rate home loan, introductory rate home loan or interest only repayments, we will send you a communication when your current term is approaching expiry. This will tell you what your new rate will be upon expiry, however you'll be given a range of other product options to choose from as well. Simply fill out the enclosed form and return it to us to tell us which option you'd like to take.


Need a hand?

For help managing your loan, reach out to one of our knowledgeable team members - we're here to make the process easy.

Credit eligibility criteria, terms and conditions, fees and charges apply.

Community First Credit Union LimitedABN 80 087 649 938 | AFSL and Australian credit licence 231204 | BSB 512-170