Exclusive for Defence and their families
From buying your first home to building an investment portfolio, our home loans offer better ways to get ahead with:
- A special home loan package with deposit help for first home buyers
- Competitive rates and a cash contribution for home loans with 20% deposit or more
- Investment property loans with only 20% deposit
What's your home ownership goal?
Buy your first home
Boost your deposit with up to 10% interest-free to increase your buying power and help you buy sooner.
Find out more
Next home or refinance
Whether you're upsizing, relocating, or refinancing, our competitive rates and cash contribution for home loans with 20%+ deposit make it easy.
Find out more
Buy an investment property
Build your portfolio and purchase an investment property with just 20% deposit.
Find out moreFirst Home Together (shared ownership)
6 months fixed
5.69% pa
2 years fixed
5.49% pa
Get into your first home faster with our shared ownership home loan package.
Home Loans
1 year fixed*
4.79% pa
2 years fixed*
4.85% pa
*Special rate for home loans with a minimum deposit of 20%.
For home loans with less than 20% deposit a high-LVR margin of up to 0.60% p.a. may apply.
What makes our home loans different
Whether you’re buying your first home or growing your investment portfolio, our loans offer something more than you'll get from a bank - like an interest-free deposit boost or lower deposit requirements for investment properties.
And because we’re member-owned, we focus on providing genuine support and can work harder to help where banks have said no.
Your next move starts here
Join us
Even if you're not ready for a home loan, opening an account now will make it easier when the time is right. Joining now opens up the rest of your family to become members too!
Apply for a home loan
If you're ready to buy, then it's time to apply! You'll need 3 months of bank statements and a copy of your payslip. A lender will be in touch once we receive your application.
Learn more about PCU
Outside of home loans, we offer fee-free accounts, term deposits from only $500, and personal loans for life milestones or to get debt sorted.
Why choose us?
We're here to make a real difference to the financial wellbeing of Defence and their families.
By choosing PCU for your home loan, you also give back to your NZDF family.
We provide you with competitive home loan rates and unique products, and your loan allows us to pay competitive rates to members who save and invest with us.
Member story
"My son was struggling trying to get a mortgage from the banks. I'd just read something online about First Home Together and suggested it as an option.
Because of the Police Credit Union, he now lives in a nice new home, and it's made a massive difference to himself, his wife and his children."
Why PCU is different
We're owned by our members
We do what's in their best interest, not what will make us the most money.
Not-for-profit
100% of our profits are invested back into the benefits we offer our members.
We go out of our way
We work hard to help make members better off, especially when banks say no.
A credit union for members of the Defence Force and their families.
We’re owned by our members, which means 100% of our profits go back into improving our services and helping every member become better off.
The fine print
Normal lending criteria and a $100 establishment fee applies to all new loans.
A cash contribution is conditional on keeping your home loan with PCU for at least 5 years. Lending criteria, terms, conditions and fees apply to the cash contribution offer.