4.2 / 10

based on 27 Mortgage House reviews as rated by Mozo community

Mortgage House home loans

One of Australia's fastest growing non-bank home loan lenders, Mortgage House has been dedicated to putting Aussies into their dream homes since it began operations in 1986. And they've got award-winning loans to suit a range of homebuyers, with Mortgage House having taken out three 2019 Mozo Experts Choice Awards in the Low Cost Home Loan, Offset Home Loan and Split Home Loan categories. 

Check out the home loans on offer from this up-and-comer below.

What home loans do Mortgage House offer?

Rates and fees verified as correct at 16 April, 2021. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

If you like the certainty of a set monthly budget, take a look at the fixed rate home loan offer from Mortgage House. Available for up to 95% of the property’s value, this loan comes with the ability to make unlimited extra repayments without penalty. You’ll also have the use of an offset account and free redraw facility (minimum applies). But keep in mind, there are upfront application, legal and settlement fees to consider, as well as a monthly service fee.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments

2.29% p.a.

2.90% p.a.

$10.00 monthly

$840

2.19% p.a.

2.76% p.a.

$10.00 monthly

$840

p.a.

n/a

$1,440

1.99% p.a.

2.54% p.a.

$1,440

2.44% p.a.

3.87% p.a.

$395.00 yearly

$840

2.54% p.a.

2.81% p.a.

$0.00

$840

2.44% p.a.

2.60% p.a.

$0.00

$1,440

2.94% p.a.

3.39% p.a.

$10.00 monthly

$840

2.74% p.a.

3.19% p.a.

$10.00 monthly

$840

2.84% p.a.

3.37% p.a.

$10.00 monthly

$840

2.43% p.a.

3.08% p.a.

$10.00 monthly

$840

3.94% p.a.

5.57% p.a.

$395.00 yearly

$840

3.79% p.a.

4.93% p.a.

$395.00 yearly

$840

Variable Rate Home Loans

For a little extra flexibility, the Mortgage House variable rate offer may be just the ticket. Like the fixed rate alternative, you can borrow up to 95% of the property’s value. You can also make unlimited free extra repayments and make use of the free redraw facility (minimum applies) and offset account. Remember there are legal, settlement and monthly service fees to pay. There is a fee free option, but if you choose this one, you’ll forfeit the offset account feature.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments

4.24% p.a.

4.42% p.a.

$10.00 monthly

$840

2.49% p.a.

2.69% p.a.

$10.00 monthly

$840

2.79% p.a.

2.98% p.a.

$10.00 monthly

$840

2.44% p.a.

2.51% p.a.

$0.00

$840

2.79% p.a.

2.86% p.a.

$0.00

$840

1.99% p.a.

2.48% p.a.

$395.00 yearly

$445

2.29% p.a.

2.33% p.a.

$0.00

$840

2.44% p.a.

2.94% p.a.

$395.00 yearly

$840

3.14% p.a.

3.62% p.a.

$395.00 yearly

$840

1.94% p.a.

2.43% p.a.

$395.00 yearly

$445

2.29% p.a.

2.33% p.a.

$0.00

$1,440

3.19% p.a.

3.38% p.a.

$10.00 monthly

$840

2.99% p.a.

3.18% p.a.

$10.00 monthly

$840

3.14% p.a.

3.33% p.a.

$10.00 monthly

$840

2.99% p.a.

3.06% p.a.

$0.00

$840

3.24% p.a.

3.72% p.a.

$395.00 yearly

$840

3.04% p.a.

3.52% p.a.

$395.00 yearly

$840

4.34% p.a.

4.79% p.a.

$395.00 yearly

$840

Mortgage House home loan features in a glance

Free icon

Free extra repayments

You can make unlimited extra repayments, without any fees or penalties, on any variable or fixed rate Advantage home loan offer from Mortgage House.

Offset icon

Offset account

Park your savings in the offset account included with most Mortgage House home loan offers to cut back on interest costs.

How are Mortgage House home loans rated?

Mozo users have rated Mortgage House home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
Mortgage House home loans
Overall
4.2/10
Price
Features
Customer service
Convenience
Trust

27 Reviews

Recent Mortgage House home loan reviews

Mortgage House Advantage Home Loan review
Overall 10/10
Best home loans specialist in market.

Mortgage House is a private lender. They do loans with various banks. Best part of this company is it has the best employees and owner. You can speak to him to get best review of your loan. He is very humble and support for any request put through. Secondly their staff. They are very nice people who extend excellent services. I strongly recommend to everyone who is in the market to borrow money for refinancing or new home loans. You will not be disappointed.

Read full review

Mortgage House is a private lender. They do loans with various banks. Best part of this company is it has the best employees and owner. You can speak to him to get best review of your loan. He is very humble and support for any request put through. Secondly their staff. They are very nice people who extend excellent services. I strongly recommend to everyone who is in the market to borrow money for refinancing or new home loans. You will not be disappointed.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Nimesh, Victoria, reviewed about 1 month ago
Mortgage House Home Loan review
Overall 1/10
Stay away from this so-called lending company

Stay away from this company in general. Extremely high class customer service (one dedicated person) to adhere to all your needs until you get your loan or refinance with them but Straight after that it is a steep downward slope Until customer service hits rock bottom. No communication whatsoever and all the funds mishandled without notifying the customer and no one person/ department to deal with. You have to keep running pillar to post to seek solutions and answers to your questions. Stay away from these guys or look elsewhere and it will easily be a better experience I am sure.

Read full review

Stay away from this company in general. Extremely high class customer service (one dedicated person) to adhere to all your needs until you get your loan or refinance with them but Straight after that it is a steep downward slope Until customer service hits rock bottom. No communication whatsoever and all the funds mishandled without notifying the customer and no one person/ department to deal with. You have to keep running pillar to post to seek solutions and answers to your questions. Stay away from these guys or look elsewhere and it will easily be a better experience I am sure.

Price
2/10
Features
3/10
Customer service
1/10
Convenience
2/10
Trust
1/10
Less
Mel, New South Wales, reviewed 2 months ago
Mortgage House Advantage Home Loan review
Overall 1/10
Don't even look at this!

My wife and I are retired and we have been with this lender for about 5 years. We have requested on many occasions to lower our interest rate from 4.18% to the normal expectations that other people are receiving to no avail. On top of the repayments we have to pay a facility fee of nearly $500 every year. To say we are being ripped off is an understatement. Would not recommend this establishment to anyone, be very aware of what you can walk into without due care.

Read full review

My wife and I are retired and we have been with this lender for about 5 years. We have requested on many occasions to lower our interest rate from 4.18% to the normal expectations that other people are receiving to no avail. On top of the repayments we have to pay a facility fee of nearly $500 every year. To say we are being ripped off is an understatement. Would not recommend this establishment to anyone, be very aware of what you can walk into without due care.

Price
1/10
Features
2/10
Customer service
2/10
Convenience
8/10
Trust
2/10
Less
Robert, New South Wales, reviewed 3 months ago
Mortgage House Home Loan review
Overall 2/10
I lost my trust and patience

I have used MH for the loan of an investment property. While the individual I was working with appeared to try to get things done for me he dishonoured several phone appointments and made mistakes which, as he admitted, were due to working extreme long days. I won't hear back for more than a week after submitting a form, and when I need a loan review and there is a holiday period coming up there is no-one doing anything until after the holidays (which can be for four weeks). I'm not using them again.

Read full review

I have used MH for the loan of an investment property. While the individual I was working with appeared to try to get things done for me he dishonoured several phone appointments and made mistakes which, as he admitted, were due to working extreme long days. I won't hear back for more than a week after submitting a form, and when I need a loan review and there is a holiday period coming up there is no-one doing anything until after the holidays (which can be for four weeks). I'm not using them again.

Price
6/10
Features
6/10
Customer service
2/10
Convenience
6/10
Trust
2/10
Less
Jo, New South Wales, reviewed 3 months ago
Mortgage House Advantage Home Loan review
Overall 1/10
Good at sales, then leave you to walk off a cliff

Don't bother with these guys! They lie about calling you and never keep you up to up to date even for a "quite easy" rate review. The staff there cover each other so you never get to talk with the real manager. Last minute appointment cancellations, laziness and not even proof reading emails are just some of the things you encounter. They're good at making the sale, but they then leave you to walk off the edge of a cliff afterwards. Utterly disappointed and upset.

Read full review

Don't bother with these guys! They lie about calling you and never keep you up to up to date even for a "quite easy" rate review. The staff there cover each other so you never get to talk with the real manager. Last minute appointment cancellations, laziness and not even proof reading emails are just some of the things you encounter. They're good at making the sale, but they then leave you to walk off the edge of a cliff afterwards. Utterly disappointed and upset.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Eric, Victoria, reviewed 3 months ago

What do you need to apply for a Mortgage House home loan?

If you decide to take the plunge and apply for a home loan with Mortgage House, there are a few documents you should have with you in order to make the process as smooth as possible, including:

  • I.D. (usually, photo I.D like a passport or driver’s licence is best.)
  • Proof of income (including payslips, or tax returns)
  • Details of any current debts or expenses
  • Bank statements showing a history of 3 months of savings

Home loan quick links