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Mortgage House home loans

Mortgage House
Mortgage House's overall rating for home loans

(as rated by the Mozo community)

6.7 / 10

based on 12 reviews

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.

Rates and fees verified as correct at 25 February, 2020. Other information correct at the time of writing.

What home loans do Mortgage House offer?

Fixed Rate Home Loans 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 ‡

3.79% p.a.

3.79% p.a.

$10.00 monthly

$840

3.49% p.a.

3.57% p.a.

$10.00 monthly

$840

2.99% p.a.

3.22% p.a.

$10.00 monthly

$840

3.59% p.a.

3.74% p.a.

$10.00 monthly

$840

3.29% p.a.

3.48% p.a.

$10.00 monthly

$840

3.49% p.a.

3.57% p.a.

$10.00 monthly

$840

2.79% p.a.

3.13% p.a.

$10.00 monthly

$840

p.a.

n/a

$395.00 yearly

$840

4.34% p.a.

5.85% p.a.

$395.00 yearly

$840

4.24% p.a.

5.23% p.a.

$395.00 yearly

$840

3.14% p.a.

4.48% p.a.

$395.00 yearly

$840


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Variable Rate Home Loans 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 ‡

3.39% p.a.

3.58% p.a.

$10.00 monthly

$840

3.39% p.a.

3.58% p.a.

$10.00 monthly

$840

3.19% p.a.

3.38% p.a.

$10.00 monthly

$840

3.34% p.a.

3.53% p.a.

$10.00 monthly

$840

4.74% p.a.

4.92% p.a.

$10.00 monthly

$840

2.94% p.a.

3.13% p.a.

$10.00 monthly

$840

3.04% p.a.

3.23% p.a.

$10.00 monthly

$840

3.54% p.a.

3.73% p.a.

$10.00 monthly

$840

3.19% p.a.

3.26% p.a.

$0.00

$840

2.94% p.a.

3.01% p.a.

$0.00

$840

3.04% p.a.

3.11% p.a.

$0.00

$840

4.64% p.a.

5.09% p.a.

$395.00 yearly

$840

3.64% p.a.

4.11% p.a.

$395.00 yearly

$840

4.54% p.a.

4.99% p.a.

$395.00 yearly

$840

2.89% p.a.

3.37% p.a.

$395.00 yearly

$840

3.14% p.a.

3.62% p.a.

$395.00 yearly

$840

2.89% p.a.

2.93% p.a.

$0.00

$940


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*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.

Mortgage House home loan features in a glance

Free extra repaymentsFree 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 accountOffset 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?

Want to know how Mortgage House stacks up in terms of trust, customer service and convenience? Find out in our customer review section.

Mortgage House home loans

Overall 6.7

Price

Features

Customer service

Convenience

Trust

12 Reviews

Recent Mortgage House home loan reviews Recent Mortgage House home loan reviews

Mortgage House

Mortgage House Home Loan review

Overall rating   1 / 10

Painful, lots of harassment if you don’t sign up.

I was interested in refinancing for their rate, however the process was very unprofessional and I went elsewhere. 24 months later I continue to be harassed by email, text and phone call. Despite telling them I don’t want to do business with them,...

Full review

I was interested in refinancing for their rate, however the process was very unprofessional and I went elsewhere. 24 months later I continue to be harassed by email, text and phone call. Despite telling them I don’t want to do business with them, they continue to bug me and try to make appointments. I have now had to issue them with formal cease and desist notices. Do not go with this company.

    Price   5 / 10

    Features   5 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Dave, Victoria, reviewed 15 days ago

Mortgage House

Mortgage House Home Loan review

Overall rating   5 / 10

Good features, needs to work on customer service.

Offers good flexibility and options for getting a home loan, however when you have any questions, customer service is lacking.

Full review

Offers good flexibility and options for getting a home loan, however when you have any questions, customer service is lacking.

    Price   6 / 10

    Features   8 / 10

    Customer service   3 / 10

    Convenience   5 / 10

    Trust   5 / 10

Less

Jeremy, New South Wales, reviewed 4 months ago

Mortgage House

Mortgage House Home Loan review

Overall rating   0 / 10

This is a rip off!

Virtually no customer service and when you get a call back, they tell you things that just aren't true.

Full review

Virtually no customer service and when you get a call back, they tell you things that just aren't true.

    Price   5 / 10

    Features   2 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Rose, New South Wales, reviewed over 4 years ago

Mortgage House

Mortgage House Advantage Home Loan review

Overall rating   8 / 10

Best loan and offset account bank in the world!

First loan with them, best rate with an offset account, no additional charges. Got second loan with them too, beat all rates out there and refinanced my original loan to make things work for me, again with no additional charges. If you don't...

Full review

First loan with them, best rate with an offset account, no additional charges. Got second loan with them too, beat all rates out there and refinanced my original loan to make things work for me, again with no additional charges. If you don't need lots of ATM access or a fancy web page, then definitely give Mortgage House a go.

    Price   9 / 10

    Features   9 / 10

    Customer service   8 / 10

    Convenience   3 / 10

    Trust   8 / 10

Less

Tracey, South Australia, reviewed over 4 years ago

Mortgage House

Mortgage House Advantage Home Loan review

Overall rating   10 / 10

Great customer service

Mortgage house do a great job and as I am having financial problems at the moment they are very understanding.

Full review

Mortgage house do a great job and as I am having financial problems at the moment they are very understanding.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Loraine, New South Wales, reviewed almost 5 years ago

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Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

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