Media Release - Easy Street levels the home loan playing field for investors & owners

04 November 2021
  • Easy Street has simplified its home loan pricing to give homeowners and investors access to the same rates.
  • The new pricing structure applies to fixed and variable loans, except those associated with current or previous specials.
  • The new pricing means there will be just one rate for each fixed loan and one rate for the standard variable loan, regardless of whether borrowers request principal and interest or interest-only repayments.
  • Fixed rates start from 2.29% p.a.^ comparison rate 3.66% p.a.* - even for investors with interest only repayments.

Sydney, (10 June 2021):  Online lender Easy Street Financial Services, a division of Community First Credit Union has taken the significant decision to ditch the typical industry practice of charging investors a higher home loan rate than owner-occupiers, even if they’re making interest-only repayments.

This change brings into line its fixed-rate loans for example into a single rate of 2.29% p.a.^ (3.66% p.a.* comparison rate). This applies to owner-occupiers and investors, regardless of whether repayments are principal and interest or interest only. It demonstrates Easy Street’s longstanding reputation for offering banking value and simplicity.

Mr John Tancevski, CEO of Community First Credit Union, said, “We’re about making banking simpler and easier for people by removing some pricing complexity. As a bonus, investors can now access highly competitive pricing unlocking more savings.”

The new rate structure doesn’t apply to previous or current specials such as Easy Street’s record-low standard variable rate of 1.95% p.a.^^ (1.99% p.a. comparison rate*) on loans of $750,000 and above. 

Also note that while pricing for interest-only repayments will be the same, there will still be restrictions on maximum interest-only terms and Easy Street’s usual assessment criteria will be utilised as a part of the loan approval process.

Mr Tancevski, said, “Easy Street is continually looking for ways to offer Australians better value with straightforward financial products. 

“Our new rates bring all our interest rates back into alignment whether it’s for investors, owner-occupiers and whether they choose to make repayments on a P&I or interest-only basis.”

Support for property investors 

A recent Australian Bureau of Statistics report on home lending showed that investors accounted for more than half of the March 2021 rise in housing loan commitments. The value of new loan commitments for investor housing rose 12.7% to $7.8 billion in March 2021 (seasonally adjusted), which is 54.3% higher than in March 2020[i].

Mr Tancevski said, “With investors returning to property markets around Australia, Easy Street’s new pricing structure in the interest-only space for investors will be highly competitive as we will be below almost all of our competitors' pricing.

“Having the same rates for investors and owner-occupiers is unique in the mortgage industry in Australia and means we won’t charge you more if you fall into one category or the other.

“Easy Street Financial Services has a proud reputation for offering some of the most competitive banking products in Australia, and without scrimping on loan features. 

“We pride ourselves on responding to changing property market conditions, and whether you’re investing, buying a first home, upgrading or downsizing, Easy Street can provide a solution to support your real estate goals.”

Easy Street Financial Services’ home loans are not available through mortgage brokers. Additional information is available at


Credit eligibility criteria, terms and conditions, fees and charges apply.

^ Rates for new loans are current as at 19/05/21 and subject to change without notice. After the fixed interest rate period, the interest rate on the loan reverts back to the standard variable rate at the time. Break costs may apply for fixed home loans, please refer to your terms and conditions for more information.  

^^ Rates for new loans are current as at 19/05/20 and subject to change without notice. Rates are current as at 15/02/2021 and subject to change without notice. Offer is for eligible loans submitted by 30/09/21 and funded by 31/12/21. Offer can be withdrawn at any time. Offer is available on the Standard Variable home loan for new owner occupied lending of $750,000 or more and a maximum LVR of 80%. 

*Comparison rate is calculated on a loan amount of $150,000 over 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. 


For further information or to coordinate an interview, please contact:

Aletia Fysh, Head of Marketing, Community First Credit Union on 0424 184 334.



The information contained in this article is only correct at the point of time of publication. It is general information and has been prepared without taking into account your personal circumstances, objectives or needs. Please consider if this information is right for you before making a decision to acquire any product.