Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. All products will list the LVR with the product and rate which are clearly published on the Product Provider’s web site. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of .

The Mac (formerly the Clutha Employees Credit Union) is a credit union based in the NSW region of Macarthur which has been operating since 1971. It was created to provide financial services and products to local employees of the Clutha coal mines in Camden, and then expanded to serve the needs of the Macarthur community in 1978 when it became Macarthur Credit Union, and 38 years later became The Mac.

Since The Mac is a credit union, it is owned by members and not shareholders. This enables the institution to invest its profits back into delivering better rates, products and services for its members.

With four local branches at Camden, Narellan, Picton and Tahmoor, The Mac continues to exist for the benefit of its members and the local community. In addition to these branches, The Mac also has a 24/7 online banking service, email, an online enquiry form, and phone consultations and queries available Monday to Friday within business hours. You can also write to The Mac at its Camden office.

The Mac offers the following solutions: home loans, car loans, personal and overdraft loans, everyday banking and investments, youth banking, business banking, credit cards, financial planning, and insurance. Its home loan products are as follows: basic variable home loan, variable investor loan, standard variable home loan, offset variable home loan, fixed home loan, and fixed investor loan.

The Mac’s vision is to be its communities' trusted advisor. As an ethical and transparent member-owned financial institution, being an integral and trusted partner in its communities' is its priority. With no hidden fees, transparent products and lending policies that protect the borrower, its ethical approach to banking is born out of the needs of its community and members.

To be able to apply for a home loan with The Mac, you must become a member first. And to do that, you must be an Australian citizen or permanent resident aged 18 years or above.

If you are new to The Mac, you will need to provide the following:

  • Your Australian driver's licence details
  • Your passport details

For your home loan application, you will need to provide the following information:

  • Your employment, income and living expense details
  • Your asset details including land, house, contents, vehicles, savings, shares and super
  • Any amount you owe on loans, overdrafts, credit/store cards (including limits and repayments)

Applications and home loan enquiries can be made online at The Mac website or by downloading and completing relevant documentation then posting them to The Mac Bank.