CUA Mortgage Lender

CUA Mortgage Lender

CUA Mortgage Lender is a credit union that began in 1966 as Queensland Postal Co-Operative. In the 1990s, the credit union merged with C.P.S. Credit Society and Metropolitan Credit Union, expanding its reach into the Victoria and New South Wales areas. CUA Mortgage Lender merged again with the Australian National Credit Union, increasing the client base in New South Wales, Victoria, Western Australia and ACT.

CUA Mortgage Lender provides several financial services, including transaction accounts, insurance and credit card services. CUA Mortgage Lender also offers home loan alternatives:

1. 1. CUA Mortgage Lender's Home Loans with Variable Interest Rates provides repayment flexibility and lower interest rates. Options for this loan type include:

• CUA Mortgage Lender's Basic Variable Rate Loan is the no-frills alternative with flexible repayment options.
• CUA Mortgage Lender's Standard Variable Rate Loan offers loyalty interest rate discounts after a certain period of repayment.
• CUA Mortgage Lender Loans that meet a specified loan amount are given discounted interest rates, plus further interest rate discounts after a certain period of repayment.
• CUA Mortgage Lender ‘s 1 Year Introductory offers discounted interest rates on the initial year of repayment or a specified period.
• 3 Year Introductory Variable Rate Loan - CUA Mortgage Lender ‘s 3 Year Introductory gives discounted interest rates on the first three years of repayment.

1. CUA Mortgage Lender ‘s Home Loan with Fixed Interest Rates protects from increasing market interest rates. Lump sum payments can be made without penalties.
2. CUA Mortgage Lender ‘s Interest Only Loans allow payment of interest only, for a certain period.
3. Line of Credit Loans by CUA is also called CUA Mortgage Lender's Mortgage Freedom. This alternative allows borrowers to set up a credit line based on 90% or certain percentage of their mortgaged home's value.