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Macquarie Home loan reviews

Overall rating
Price
Features
Customer service
Convenience
Trust
Based on 147 home loan reviews as rated by the Mozo community.

Featured home loan from Macquarie

Basic Home Loan

interest rate
2.09% p.a.
fixed 3 years
comparison rate
2.32% p.a.

Promoted

Recent Macquarie home loan customer reviews

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  • Macquarie Home Loan

    Disappointed

    Way disappointed and Hope you go out of business and I wish you all the bad luck in this world

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    Steve, Victoria, reviewed about 2 months ago
  • Macquarie Home Loan

    very competitive interest rate

    Very helpful with interest rates when I rang with them.

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    Darren, Western Australia, reviewed 3 months ago
  • Macquarie Basic Home Loan (Fixed, Owner Occupier, Principal & Interest, LVR<70%)

    Home loan approved in 3 days with 2.09% rate

    Pro: ~ i got my loans approved in just 3 days while other banks may take a month to do so ~ got a conditional approval after just 1.5hours phone call ~ cheap rate, and accept apartment as security as well ~ super responsive staff members, they allocate their time to help you with tight settlement date Cons: None so far

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    Erwin, Victoria, reviewed 4 months ago
  • Macquarie Home Loan

    An excellent banking provider with great rates.

    Macquarie are quick to respond to enquires. They try to do the right thing, e.g. don't charge a ATM fees if you have to use another provider...if they are able. Are secure and have competitive rates. Also have a good net banking service.

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    Paul, New South Wales, reviewed 4 months ago
  • Macquarie Basic Home Loan (Owner Occupier, LVR<60%, Principal & Interest)

    callous, ruthless, and cowardly

    When shopping for a mortgage, A good interest rate and ease of approval aren't the only things to consider. The compassion and decency of the lender, if things go pair-shaped, should also be a very important thing to consider, you will not find these traits at Macquarie Bank Some lenders hold life as a very low valued commodity.

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    Matt, New South Wales, reviewed 5 months ago
  • Macquarie Offset Home Loan (Owner Occupier, LVR<60%, Principal & Interest) (Package)

    The experience with Macquarie has been first class

    Macquarie have been extremely easy to do business with, their customer service is excellent and the online and App experience is very easy to navigate.

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    Paul, New South Wales, reviewed 7 months ago
  • Macquarie Offset Home Loan (Owner Occupier, LVR<60%, Principal & Interest) (Package)

    Very helpful when needed

    They seem to be understanding and helpful when life gets in the way and you need a bit of assistance. Helped me through a tough patch, on track now.

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    Carol, Queensland, reviewed 8 months ago
  • Macquarie Home Loan

    Just there to rip customers off.

    I requested the bank look at reviewing the rate they have me on of just over 5%. They have refused to do so on the basis of extremely weak arguments and it is an old product. There is an LVR of 25% involved. Service is absolute rubbish and they should remove care from customer care department and replace with couldn't care.

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    John, Queensland, reviewed 8 months ago
  • Macquarie Offset Home Loan (Owner Occupier, LVR<60%, Principal & Interest) (Package)

    Excellent choice for home loans.

    Macquarie have been more than helpful from the beginning. They have also reviewed and reduced our interest rates to remain competitive with current market rates.

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    Kate, Queensland, reviewed 8 months ago
  • Macquarie Home Loan

    Not the best option for competitive rates

    Large break cost fees on fixed loans. Not competitive on interest rates. Only positive is that they don't charge ATM fees for withdrawals.

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    Victoria, New South Wales, reviewed 8 months ago
  • Macquarie Home Loan

    Easy to deal with. Great online

    Easy to deal with. Great online.

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    Mark, Queensland, reviewed 9 months ago
  • Macquarie Basic Home Loan (Fixed, Owner Occupier, Principal & Interest, LVR<70%)

    Not in touch with interest rates.

    Not in touch with interest rates. Hard to access.

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    Cathy, New South Wales, reviewed 9 months ago
  • Macquarie Basic Home Loan (Owner Occupier, LVR<60%, Principal & Interest)

    Good overall bank with broad range of products.

    Like the offset accounts and rate of home loan, easy online functions, however some functions require forms to be completed instead of fully online.

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    Colin, Victoria, reviewed 9 months ago
  • Macquarie Basic Home Loan (Owner Occupier, LVR<60%, Principal & Interest)

    Good interest rate.

    Good interest rate but not a good interest rate on their offset option.

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    Melissa, Queensland, reviewed 9 months ago
  • Macquarie Basic Home Loan (Owner Occupier, LVR<60%, Principal & Interest)

    2.74% interest for construction loan.

    2-year 2.74% interest only for a construction loan. It was the fastest bank to approve during the pandemic and they were on the ball to get us set up whilst we rebuild our home. No cons so far.

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    Emma, Victoria, reviewed 10 months ago
  • 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.

    Home loan comparisons on Mozo - rates updated daily

    • Smart Booster Home Loan

      interest rate
      1.85% p.a.variable for 24 months and then 2.25% p.a. variable
      comparison rate
      2.21% p.a.

      Promoted
    • UHomeLoan

      interest rate
      1.85% p.a.
      fixed 3 years
      comparison rate
      2.24% p.a.

      Promoted
    • Celebrate Variable Home Loan

      interest rate
      1.99% p.a. variable
      comparison rate
      1.99% p.a.

      Promoted
    • Variable Home Loan

      interest rate
      1.99% p.a. variable
      comparison rate
      1.99% p.a.

      Promoted
    • Basic Home Loan

      interest rate
      2.09% p.a.
      fixed 3 years
      comparison rate
      2.32% p.a.

      Promoted

    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.

    Want more? Compare all 503 home loans in the Mozo comparison engine.

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