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. Check out the home loans on offer from this up-and-comer below.
Rates and fees verified as correct at 19 September, 2018. Other information correct at the time of writing.
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.
| Product | Fixed 3 year rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.34% p.a. | 4.66% p.a. | $10.00 monthly | $645 | ||
| 4.19% p.a. | 4.62% p.a. | $10.00 monthly | $645 | ||
| 3.99% p.a. | 4.56% p.a. | $10.00 monthly | $645 | ||
| 4.19% p.a. | 4.54% p.a. | $10.00 monthly | $645 | ||
| 3.99% p.a. | 4.20% p.a. | $10.00 monthly | $645 | ||
| 4.09% p.a. | 4.30% p.a. | $10.00 monthly | $645 | ||
| 3.79% p.a. | 4.11% p.a. | $10.00 monthly | $645 | ||
| 4.44% p.a. | 6.12% p.a. | $395.00 yearly | $840 | ||
| 4.19% p.a. | 5.50% p.a. | $395.00 yearly | $840 | ||
| 3.99% p.a. | 5.16% p.a. | $395.00 yearly | $840 |
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.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.44% p.a. | 4.61% p.a. | $10.00 monthly | $645 | ||
| 4.54% p.a. | 4.71% p.a. | $10.00 monthly | $645 | ||
| 4.04% p.a. | 4.21% p.a. | $10.00 monthly | $645 | ||
| 4.14% p.a. | 4.31% p.a. | $10.00 monthly | $645 | ||
| 5.14% p.a. | 5.31% p.a. | $10.00 monthly | $645 | ||
| 4.99% p.a. | 5.16% p.a. | $10.00 monthly | $645 | ||
| 3.64% p.a. | 3.81% p.a. | $10.00 monthly | $645 | ||
| 4.24% p.a. | 4.41% p.a. | $10.00 monthly | $645 | ||
| 3.89% p.a. | 3.94% p.a. | $0.00 | $645 | ||
| 3.59% p.a. | 3.64% p.a. | $0.00 | $645 | ||
| 5.19% p.a. | 5.63% p.a. | $395.00 yearly | $840 | ||
| 4.29% p.a. | 4.74% p.a. | $395.00 yearly | $840 | ||
| 5.19% p.a. | 5.63% p.a. | $395.00 yearly | $840 | ||
| 3.64% p.a. | 4.11% p.a. | $395.00 yearly | $840 | ||
| 3.99% p.a. | 4.45% p.a. | $395.00 yearly | $840 |
‡ 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.
| 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. |
Want to know how Mortgage House stacks up in terms of trust, customer service and convenience? Find out in our customer review section.
* Overall rating based on reviews in the past 12 months.
Virtually no customer service and when you get a call back, they tell you things that just aren't true.
Virtually no customer service and when you get a call back, they tell you things that just aren't true.
Rose (NSW), reviewed almost 3 years ago
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...
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.
Tracey (SA), reviewed about 3 years ago
Mortgage house do a great job and as I am having financial problems at the moment they are very understanding.
Mortgage house do a great job and as I am having financial problems at the moment they are very understanding.
Loraine (NSW), reviewed over 3 years ago
At the age of 21 on an below average income I never expected to own my own house! After completing a quick inquiry form with Mortgage House we got multiple call backs within days and just 2 months later we had settled me on our very first house!...
At the age of 21 on an below average income I never expected to own my own house! After completing a quick inquiry form with Mortgage House we got multiple call backs within days and just 2 months later we had settled me on our very first house! Mortgage house looked at our complicated application and talked us through what we needed to do to get a loan for our first house. Other than a mix up with the settlement date everything was smooth and very straight forward. We are looking forward to our next purchase with mortgage house.
Zachary (QLD), reviewed over 3 years ago
If you want the lowest Fixed Rate Home Loan in the market which comes with a 100% full offset account and a debit card for the offset account, look no further than Mortgage House. Combined with outstanding customer support, the process of...
If you want the lowest Fixed Rate Home Loan in the market which comes with a 100% full offset account and a debit card for the offset account, look no further than Mortgage House. Combined with outstanding customer support, the process of applying through to settlement could not have been made any easier. Thank you Mortgage House.
Chris (VIC), reviewed about 4 years ago
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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:
