4.3 / 10

based on 23 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 21 January, 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

2.19% p.a.

2.59% 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

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

2.29% p.a.

2.33% p.a.

$0.00

$1,440

2.89% p.a.

2.93% p.a.

$0.00

$940

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

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 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
4.3/10
Price
Features
Customer service
Convenience
Trust

23 Reviews

Recent Mortgage House home loan reviews

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 7 days ago
Mortgage House Home Loan review
Overall 1/10
Fraudulent time wasters, lost $600 and a year.

I dealt with multiple loan officers because I was forgotten by the first. Submitted all documentation 3 times because it kept falling out of date by the time they were going to submit it. They never answered my calls or emails or even attended meetings they set up that I took time out of work to attend. They verbally and in writing promised to refund my commitment fee of $600 if I did not go ahead with the loan then eventually offered me $64,000 less than my application and said if did not accept it then I would not be refunded my commitment fee of $600. So I wasted a year of applications and lost $600 when I could have had my loan over a year ago if i had went with a different lender.

Read full review

I dealt with multiple loan officers because I was forgotten by the first. Submitted all documentation 3 times because it kept falling out of date by the time they were going to submit it. They never answered my calls or emails or even attended meetings they set up that I took time out of work to attend. They verbally and in writing promised to refund my commitment fee of $600 if I did not go ahead with the loan then eventually offered me $64,000 less than my application and said if did not accept it then I would not be refunded my commitment fee of $600. So I wasted a year of applications and lost $600 when I could have had my loan over a year ago if i had went with a different lender.

Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Christophe, New South Wales, reviewed 10 days ago
Mortgage House Advantage Home Loan review
Overall 1/10
Poor service.

I have been with Mortgage House for around 4 years with owner occupied loan. I moved to Mortgage House for a special lower special rate at the time. Worst move ever, poor customer service and high lender turn over, stayed on as too much hassle to move. Lenders don't get back to you and talk to like you're an inconvenience. Figures wrong with no explanation as to why.

Read full review

I have been with Mortgage House for around 4 years with owner occupied loan. I moved to Mortgage House for a special lower special rate at the time. Worst move ever, poor customer service and high lender turn over, stayed on as too much hassle to move. Lenders don't get back to you and talk to like you're an inconvenience. Figures wrong with no explanation as to why.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Louise, New South Wales, reviewed 10 days ago
Mortgage House Home Loan Prime review
Overall 2/10
No Customer Service

Very poor customer service bordering on rudeness. We were never told that our loan with Adelaide bank would be controlled by Mortgage House and we could never get any answers. Took 7 weeks to get Mortgage House to discharge the loan to our new bank. Had to threaten them with AFCA.

Read full review

Very poor customer service bordering on rudeness. We were never told that our loan with Adelaide bank would be controlled by Mortgage House and we could never get any answers. Took 7 weeks to get Mortgage House to discharge the loan to our new bank. Had to threaten them with AFCA.

Price
8/10
Features
7/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Derrick, New South Wales, reviewed 2 months ago
Mortgage House Advantage Home Loan review
Overall 1/10
No customer service.

I dealt with them for 5 years. All good at first. The set up team is ok. There was a few mistakes made, however customer service has sunk to a new low. They send dozens of emails and messages about an appointment call, only to cancel at the last minute if you do get through. It's like talking to a robot. This has brought my wife and I to the brink. We have no choice but to move.

Read full review

I dealt with them for 5 years. All good at first. The set up team is ok. There was a few mistakes made, however customer service has sunk to a new low. They send dozens of emails and messages about an appointment call, only to cancel at the last minute if you do get through. It's like talking to a robot. This has brought my wife and I to the brink. We have no choice but to move.

Price
1/10
Features
1/10
Customer service
1/10
Convenience
1/10
Trust
1/10
Less
Ross, New South Wales, reviewed 4 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