Personal loan products

Available at Community First?

Fixed rate personal loan

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Variable rate personal loan

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Low credit personal loan

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Personal loan for cars

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Secured personal loan

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A Community First personal loan provides a financing option for individuals looking to cover a range of personal expenses, such as debt consolidation, home improvements, medical bills, travel, or vehicle repairs. The loan offers fixed interest rates with terms available up to 7 years, allowing borrowers to manage repayments over a set timeframe.

Borrowers can choose between a fixed-rate personal loan or a revolving Personal Line of Credit, depending on whether a one-time lump sum or ongoing access to funds is more suitable. The loan also allows for extra repayments and includes a redraw facility, offering some flexibility in how repayments are managed.

Community First Personal Loan Options

Personal Loan

Community First Bank offers unsecured personal loans with fixed or variable rates and terms from 1 to 7 years. Borrow between $3,000 and $50,000, with no origination or account fees. Features include extra repayments, redraw options, and a straightforward approval process, available online or in-branch.

Green Loan

Community First’s green loans are designed to support sustainable purchases, including energy-efficient home upgrades. These loans offer competitive rates and flexible terms, encouraging environmentally conscious choices while delivering financial value.

The loan can help fund the purchase and installation of items like solar panels, rainwater tanks, and similar eco-friendly upgrades. Applicants must own the property where the improvements will be made. Where applicable, the work should be completed by a licensed or certified tradesperson, and a quote or invoice is required as part of the loan application.

Home Improvement Loan

Tailored for renovation and repair projects, the Home Improvement Loan offers low fixed interest rates and flexible repayment options. It provides a practical way to finance upgrades that enhance home value, efficiency, or livability.

Community First Personal Loan Eligibility

To apply, you must:

  • Be 18 years or older

  • Be an Australian citizen or permanent resident

  • Have a stable income

  • Have at least 6 months of continuous employment

  • Maintain a good credit history, with no defaults or bankruptcies in the past 5 years

What You'll Need to Provide

  • Identification and proof of residency

  • Contact details, including current and previous address, phone, and email

  • Employment and income details

  • A summary of your assets and liabilities

  • Bank transaction history, submitted securely via Community First’s online service