Same low rates for owner-occupiers and investors.

Orange Credit Union offers the same low home loan rates for both investors and owneroccupiers so customers won’t be penalised with higher interest if they choose to rent out your property instead of living in it.

As a customer-owned bank, Orange Credit Union has a long, proud history of backing locals and this also extends to backing valued, loyal customers in times when they need it most, by putting profits back into products and services, including reducing interest rates.

OCU are excited to announce the reduction in interest rates across all fixed rate products, as well as Essential Low, Base Variable and Standard Variable products.

Interest rate changes can affect every household differently and budgets need to be adjusted and rebalanced along with the market. The days of staying with a mortgage provider for 25 years is no longer a reality for many home buyers and personal circumstances can change.

It’s important to explore the many options available such as mortgage offset, regular repayments, no fees for early repayments, no ongoing fees, considering split or fixed rate loans for repayment which could save thousands over time. Customers can use the online mortgage repayment calculator to see how adjusting their loan amount, term or interest rate will impact them or help pay off their loan sooner.

To reward savvy savers, Orange Credit Union has also increased rates across savings accounts including Online Saver and Bonus Saver accounts, and the new Wealth Builder Term Deposit has one of the highest returns in the market at 4.75% for 12 months.