Home loan rates › Southern Cross Credit Union
REVERSE MORTGAGE LOAN
Southern Cross Credit Union
For 70 years and over; freedom to release the equity in your home without needing to sell.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Comparison* | Applies to | Conditions | Source | Since |
|---|---|---|---|---|---|
| 7.83% | 7.89% | Variable · owner occupied · interest only | Reverse mortgage | CDR | 1 Nov 2026 |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
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Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://cdr.sccu.com.au/openbanking/cds-au/v1/banking/products/REVERSE_MORTGAGE_LOAN- Content hash
sha256 3210afb9832681a9d0a04545b096c68118fa6298f30fc575ee2d6aeba926dcb1- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_3210afb9832681a9_d6bab051Show details
- Checked
- 1 Nov 2026
- URL
https://cdr.sccu.com.au/openbanking/cds-au/v1/banking/products/REVERSE_MORTGAGE_LOAN- Content hash
sha256 3210afb9832681a9d0a04545b096c68118fa6298f30fc575ee2d6aeba926dcb1- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Redraw | ||
| Extra repayments | ||
| Eligibility: natural person | ||
| Eligibility: residency status | Must be an Australian Citizen or permanent resident with an Australian residential address | |
| Eligibility: min age | 70 | |
| Eligibility: other | be an existing SCCU customer | |
| Eligibility: other | Meet SCCU assessment criteria | |
| Limit: max lvr | 30.00 | |
| Limit: min limit | 20000.00 | |
| Limit: max limit | 250000.00 |
Rate history
| Rate | From | To | Rate p.a. | Comparison |
|---|---|---|---|---|
| Variable · owner occupied · interest only | 1 Nov 2026 | Current | 7.83% | 7.89% |
*Comparison rates are calculated on a $150,000 secured loan over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Fees and charges are payable.
Tags
| Tag | Meaning | Effect |
|---|---|---|
purpose:reverse | Reverse mortgage | Left out of the standard home loan table |
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