Yellow Brick Road home loans

Yellow Brick Road
Yellow Brick Road's overall rating for home loans

(as rated by the Mozo community)

7.0 / 10

based on 7 reviews

From its launch in 2007, Yellow Brick Road has been operating as a full service wealth management company bringing together an extensive range of financial products (i.e. home loans, insurance and superannuation) into one organisation.

There are a suite of home loan offerings to choose from and when you sign up for a mortgage with Yellow Brick Road, you’ll have a one-on-one adviser who can offer tailored advice to your specific circumstances and needs.

If a Yellow Brick Road home loan sounds enticing, you’ve come to the right page! Here we’ll break down everything you need to know including what home loans you can apply for with Yellow Brick Road as well as the features you should keep in mind when narrowing down which one is right for you.

Rates and fees verified as correct at 25 September, 2016. Other information correct at the time of writing.

What home loans do Yellow Brick Road offer?

Fixed Rate Home Loans Fixed Rate Home Loans

With no ongoing account management fees, the Empower Home Loan from Yellow Brick Road may be a good option for owner occupiers and investors wanting to safeguard themselves against future rate increases. The fixed rate can be locked in for 1 year up to a period of 5 years on loans starting from $100,000 and you can borrow up to 95% of the property’s value. Interest only repayments for up to 5 years, an extra repayments facility (up to 5% p.a. without penalty) and a free rate lock feature are just some of the features you can choose from if you opt for Yellow Brick Road’s Empower Home Loan.

Home loan repayments calculator
years
Product Fixed 3 year rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.54% p.a.

4.42% p.a.

$0.00

$330

4.54% p.a.

4.39% p.a.

$0.00

$330

3.99% p.a.

4.09% p.a.

$0.00

$330

3.99% p.a.

4.06% p.a.

$0.00

$330

3.99% p.a.

4.17% p.a.

$0.00

$330

4.54% p.a.

4.53% p.a.

$0.00

$330

4.54% p.a.

4.50% p.a.

$0.00

$330

4.24% p.a.

4.34% p.a.

$0.00

$330

4.24% p.a.

4.31% p.a.

$0.00

$330

4.19% p.a.

4.15% p.a.

$0.00

$330

4.19% p.a.

4.11% p.a.

$0.00

$330

4.09% p.a.

4.16% p.a.

$0.00

$330

4.09% p.a.

4.12% p.a.

$0.00

$330

3.99% p.a.

3.92% p.a.

$0.00

$330

3.99% p.a.

3.89% p.a.

$0.00

$330


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Variable Rate Home Loans Variable Rate Home Loans

The variable rate from Yellow Brick Road is available on loans from $100,000 and you can borrow up to 95% of the property’s value with the Empower option and up to 70% with the Rate Smasher Home Loan. Yellow Brick Road’s variable home loans are packed with plenty of flexible features including an additional repayment facility, interest only payments for up to 5 years and the choice to repay your home loan off on a weekly, fortnightly or monthly basis. Add to this, no ongoing account management fees and a free redraw feature when you opt to redraw via electronic banking and the variable home loans from Yellow Brick Road offer great value.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.49% p.a.

4.52% p.a.

$0.00

$330

4.44% p.a.

4.47% p.a.

$0.00

$330

4.34% p.a.

4.37% p.a.

$0.00

$330

4.29% p.a.

4.32% p.a.

$0.00

$330

4.09% p.a.

4.12% p.a.

$0.00

$330

4.04% p.a.

4.07% p.a.

$0.00

$330

4.19% p.a.

4.22% p.a.

$0.00

$330

4.34% p.a.

4.37% p.a.

$0.00

$330

4.29% p.a.

4.32% p.a.

$0.00

$330

4.09% p.a.

4.12% p.a.

$0.00

$330

4.04% p.a.

4.07% p.a.

$0.00

$330

4.14% p.a.

4.17% p.a.

$0.00

$330

4.09% p.a.

4.12% p.a.

$0.00

$330

3.81% p.a.

3.84% p.a.

$0.00

$330

3.86% p.a.

3.89% p.a.

$0.00

$330

3.68% p.a.

3.68% p.a.

$0.00

$330


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Variable Package Home Loan Variable Package Home Loan

Free redraws, an additional repayment facility and an offset account are just some of the money saving features you can take advantage of when you go for a variable rate Empower Package from Yellow Brick Road. The package is available on loans starting from $100,000 and you can borrow up to 95% of the property’s value. There is an annual service fee to consider and fixed rate options are available but you’ll have to forgo some of the flexible features mentioned like an offset account.

Home loan repayments calculator
years
Product Rate Comparison Rate* Service fee Upfront fee Monthly repayments ‡

4.49% p.a.

4.71% p.a.

$198.00 yearly

$330

4.44% p.a.

4.66% p.a.

$198.00 yearly

$330

4.34% p.a.

4.56% p.a.

$198.00 yearly

$330

4.29% p.a.

4.52% p.a.

$198.00 yearly

$330

4.09% p.a.

4.32% p.a.

$198.00 yearly

$330

4.04% p.a.

4.27% p.a.

$198.00 yearly

$330

4.19% p.a.

4.42% p.a.

$198.00 yearly

$330

4.29% p.a.

4.52% p.a.

$198.00 yearly

$330

4.34% p.a.

4.56% p.a.

$198.00 yearly

$330

4.09% p.a.

4.32% p.a.

$198.00 yearly

$330

4.04% p.a.

4.27% p.a.

$198.00 yearly

$330

4.14% p.a.

4.37% p.a.

$198.00 yearly

$330

4.09% p.a.

4.32% p.a.

$198.00 yearly

$330

3.81% p.a.

4.04% p.a.

$198.00 yearly

$330

3.86% p.a.

4.09% p.a.

$198.00 yearly

$330


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Line of Credit Line of Credit

The Empower Line of Credit home loan rewards borrowers with competitive access to the equity in their property via ATM, EFTPOS, cheque book and internet and phone banking. The line of credit loan is available from $100,000 (up to a maximum of $2,000,000) and there is an option to borrow up to 80% of your property’s value if you’re an owner occupier and up to 90% if you’re an investor. There are no regular payments required with Yellow Brick Road’s line of credit home loan but a yearly annual service fee will be charged.

Product Rate Comparison Rate* Service fee Upfront fee

4.44% p.a.

n/a

$198.00 yearly

$330

4.49% p.a.

n/a

$198.00 yearly

$330

4.34% p.a.

n/a

$198.00 yearly

$330

4.29% p.a.

n/a

$198.00 yearly

$330

4.04% p.a.

n/a

$198.00 yearly

$330

4.09% p.a.

n/a

$198.00 yearly

$330

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Yellow Brick Road home loan features in a glance

Family Guarantee optionFamily Guarantee option

The variable, fixed and package home loans from Yellow Brick Road have a Family Guarantee option available which allows an immediate family member to support your loan application using the equity in their own home.

Free redrawsFree redraws

Redraw extra funds online and without charge when you opt for a variable rate or package home loan with Yellow Brick Road. Fees may be charged when you redraw manually.

No account management feesNo account management fees

One of the perks of signing up for an Empower Home Loan from Yellow Brick Road is you’ll never pay a monthly service fee – ever. However, you will be required to pay a yearly account management fee with the Empower Package and line of credit home loan.  

Competitive accessCompetitive access

ATM, EFTPOS, cheque book and internet and phone banking are just some of the ways you can access your Yellow Brick Road home loan. There are also a number of easy ways you can make repayments on your loan including direct debit, salary credit and over the counter deposits at a local Australia Post Office.

Free rate lockFree rate lock

Yellow Brick Road has generously added a free lock rate feature on all fixed rate applications to ensure you’re protected against interest rate rises between the formal approval and settlement date so long as settlement takes place within 90 days of the loan contract date.

How are Yellow Brick Road home loans rated?

You might think it’s impossible to know what having a Yellow Brick Road home loan is like before you sign up for one but the truth is, it’s not! Mozo’s rate and review section has asked hundreds of Yellow Brick Road customers to rate their home loans on everything from customer service and trustworthiness to costs and features.

Yellow Brick Road home loans

Overall 7.0*

Price

Features

Customer service

Convenience

Trust

7 Reviews

* Overall rating based on reviews in the past 12 months.

Recent Yellow Brick Road home loan reviews Recent Yellow Brick Road home loan reviews

Yellow Brick Road

Yellow Brick Road home loan review

Overall rating   1 / 10

Poor customer service

The Rooty Hill shop customer service person is more interested in flogging a product than customer service. Do not see this guy.

Full review

The Rooty Hill shop customer service person is more interested in flogging a product than customer service. Do not see this guy.

    Price   8 / 10

    Features   7 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   0 / 10

Less

Joanne (NSW), reviewed about 1 year ago

Yellow Brick Road

Yellow Brick Road Empower Package (LVR<80%, Principal & Interest, Owner Occupier) (Offset) home loan review

Overall rating   10 / 10

Great products and excellent customer service!

We dealt with the Revesby branch and found the service to be outstanding!! We refinanced as the loan we had was over 5% and the bank would not give us a better deal. Went to YBR and got the empower offset loan with zero fees and a rate of 4.22%...

Full review

We dealt with the Revesby branch and found the service to be outstanding!! We refinanced as the loan we had was over 5% and the bank would not give us a better deal. Went to YBR and got the empower offset loan with zero fees and a rate of 4.22%

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Alf (NSW), reviewed about 1 year ago

Yellow Brick Road

Yellow Brick Road Empower Home Loan (LVR<80%, Principal & Interest, Owner Occupier) home loan review

Overall rating   6 / 10

Competitive rates

Great customer service.

Full review

Great customer service.

    Price   6 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   6 / 10

Less

Katherine (VIC), reviewed about 1 year ago

Yellow Brick Road

Yellow Brick Road Empower Home Loan (LVR<80%, Principal & Interest, Owner Occupier) home loan review

Overall rating   10 / 10

Competitive features, great service

Great bank, very helpful, friendly advice, no pressure.

Full review

Great bank, very helpful, friendly advice, no pressure.

    Price   8 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Barbara (QLD), reviewed over 1 year ago

Yellow Brick Road

Yellow Brick Road home loan review

Overall rating   9 / 10

Customer service is outstanding

My wife and I, like many other Australians are in a position where we can help our children with their first home. We have just been released from having our home used as security with my son's first home. It is now my daughter's turn, so why...

Full review

My wife and I, like many other Australians are in a position where we can help our children with their first home. We have just been released from having our home used as security with my son's first home. It is now my daughter's turn, so why change a good thing, so we are sticking with Yellow Brick Road (YBR) and Macquarie Bank.

    Price   8 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Greg (NSW), reviewed over 1 year 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.

* The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

‡ 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.

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.

What do you need to apply for a Yellow Brick Road home loan? What do you need to apply for a Yellow Brick Road home loan?

If you decide a Yellow Brick Road home loan is for you, here are some of the docs you may need to provide:

  • Identification such as your driver’s licence or passport
  • Contact details including a valid email address
  • Proof of salary (i.e. payslips) and evidence of other income including government payments and rental income
  • Statements for any liabilities including credit cards or other existing loans
  • Home loan statements (if you’re refinancing)
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