Home Repair Loans

Increase the value of your Home

And with our Mortgage Blast package, you can get MORE -- a vehicle, furnishings, lightings and appliances all at a special interest rate


Save Money

  • Low-interest rate on the reducing balance
  • Purchasing solar water heaters retrofitting homes to install LED lamps. Interest rate of 6% per annum on the reducing balance
  • No loan processing fees 
  • No hidden charges

Peace of Mind

  • 100% financing
  • We can arrange affordable group homeowners insurance to protect your home if needed


  • Up to 15 years to repay


  • Up to $150,000 in loan protection coverage at no cost


  • Legal matters are handled by our Legal Department
  • Through a monthly standing order on salary, NCCU pays the annual premium on your homeowner's coverage


  • A minimum of 5% of the total amount of the loan requested 
  • Detailed cost estimates (estimates of quantities)
  • Member Shares based on the amount of loan
  • For an extension to your house: Division of Planning approval and approved plans 
  • Employed persons -- most recent pay-slip or salary statement from your employer
  • Self-employed persons -- recent financial statements of business
  • Current market valuation of property and the Certificate of Title, or copy, if not lodged with NCCU 
  • Your NCCU passbook(s) 
  • valid photo identification (eg. Social Security card or passport or driver's licence)
  • Details of your liabilities and commitments (other loans, hire purchase, household expenses) 
  • If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection coverage 
  • Member Shares/Loans click here


All loans are subject to NCCU’s Loan Policies and approval procedures

To find out details on what can be used as security click here.