7.0 / 10

based on 19 reviews as rated by Mozo community

Yellow Brick Road home loans

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.

What home loans do Yellow Brick Road offer?

Rates and fees verified as correct at 17 January, 2021. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

With no ongoing account management fees, the Flexi Option  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 Flexi Option Home Loan.

Home loan repayments calculator

years

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

3.05% p.a.

3.98% p.a.

$0.00

$744

2.45% p.a.

3.20% p.a.

$0.00

$744

2.34% p.a.

2.71% p.a.

$0.00

$480

2.95% p.a.

3.62% p.a.

$0.00

$744

2.71% p.a.

3.52% p.a.

$0.00

$744

2.84% p.a.

3.26% p.a.

$0.00

$480

2.60% p.a.

3.05% p.a.

$0.00

$480

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 Flexi Option 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 ‡

2.54% p.a.

2.57% p.a.

$0.00

$396

3.39% p.a.

3.42% p.a.

$0.00

$396

2.66% p.a.

2.69% p.a.

$0.00

$396

3.49% p.a.

3.52% p.a.

$0.00

$396

2.69% p.a.

2.72% p.a.

$0.00

$396

2.79% p.a.

2.82% p.a.

$0.00

$396

3.37% p.a.

3.43% p.a.

$0.00

$744

4.22% p.a.

4.28% p.a.

$0.00

$744

3.17% p.a.

3.23% p.a.

$0.00

$744

2.62% p.a.

2.66% p.a.

$0.00

$480

2.77% p.a.

2.81% p.a.

$0.00

$480

2.99% p.a.

3.02% p.a.

$0.00

$396

2.79% p.a.

2.82% p.a.

$0.00

$396

3.40% p.a.

3.43% p.a.

$0.00

$396

2.97% p.a.

3.00% p.a.

$0.00

$396

3.72% p.a.

3.78% p.a.

$0.00

$744

3.77% p.a.

3.83% p.a.

$0.00

$744

3.52% p.a.

3.58% p.a.

$0.00

$744

3.09% p.a.

3.13% p.a.

$0.00

$480

3.12% p.a.

3.16% p.a.

$0.00

$480

2.92% p.a.

2.96% p.a.

$0.00

$480

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 ‡

3.37% p.a.

3.55% p.a.

$10.00 monthly

$744

4.22% p.a.

4.40% p.a.

$10.00 monthly

$744

3.17% p.a.

3.36% p.a.

$10.00 monthly

$744

2.62% p.a.

2.79% p.a.

$10.00 monthly

$480

2.77% p.a.

2.94% p.a.

$10.00 monthly

$480

3.72% p.a.

3.90% p.a.

$10.00 monthly

$744

3.52% p.a.

3.70% p.a.

$10.00 monthly

$744

3.77% p.a.

3.93% p.a.

$10.00 monthly

$480

3.14% p.a.

3.31% p.a.

$10.00 monthly

$480

3.12% p.a.

3.29% p.a.

$10.00 monthly

$480

2.92% p.a.

3.09% p.a.

$10.00 monthly

$480

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.

Yellow Brick Road home loan features in a glance

Image of coins

Family 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.

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Free 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.

Free icon

No account management fees

One of the perks of signing up for an Flexi Option 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 Flexi Option Home Loan Package and line of credit home loan.  

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Competitive 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.

Image of coins

Free 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?

Mozo users have rated Yellow Brick Road 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
Yellow Brick Road home loans
Overall
7.8/10
Price
Features
Customer service
Convenience
Trust

11 Reviews

Recent Yellow Brick Road home loan reviews

Yellow Brick Road Flexi Option Home Loan review
Overall 9/10
Yellow Brick Road - a complete mortgage service!

Representative was always available at their office or at our place. She explained everything clearly, was friendly and professional and explained the process! Approval was nice and quick and we were always kept in the loop. You received a letter if the interest rates changed and it was reflected in your statement. What frustrated me was that when the Reserve bank did start to move rates down, you had to ring them up and request a review of your loan. Change (or not) was approved on the day. I always did my homework and could see that better offers were available so when you pointed that out, they’d usually drop to a rate that was very close to the one I’d researched. Because of their excellent customer service we stayed with them. We have now finished paying off our mortgage but we would still recommend them. They provided that 'good feel' personal touch! Something banks and many other financial institutions have forgotten how to do!

Read full review

Representative was always available at their office or at our place. She explained everything clearly, was friendly and professional and explained the process! Approval was nice and quick and we were always kept in the loop. You received a letter if the interest rates changed and it was reflected in your statement. What frustrated me was that when the Reserve bank did start to move rates down, you had to ring them up and request a review of your loan. Change (or not) was approved on the day. I always did my homework and could see that better offers were available so when you pointed that out, they’d usually drop to a rate that was very close to the one I’d researched. Because of their excellent customer service we stayed with them. We have now finished paying off our mortgage but we would still recommend them. They provided that 'good feel' personal touch! Something banks and many other financial institutions have forgotten how to do!

Price
9/10
Features
6/10
Customer service
10/10
Convenience
9/10
Trust
10/10
Less
Liz, New South Wales, reviewed 2 months ago
Yellow Brick Road Home Loan review
Overall 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.

Read 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, New South Wales, reviewed over 5 years ago
Yellow Brick Road Empower Package (Offset) review
Overall 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%

Read 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, New South Wales, reviewed over 5 years ago
Yellow Brick Road Empower Home Loan review
Overall 6/10
Competitive rates

Great customer service.

Read full review

Great customer service.

Price
6/10
Features
6/10
Customer service
6/10
Convenience
6/10
Trust
6/10
Less
Katherine, Victoria, reviewed over 5 years ago
Yellow Brick Road Empower Home Loan review
Overall 10/10
Competitive features, great service

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

Read 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, Queensland, reviewed almost 6 years ago

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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