Home Loans Built for Real-World Borrowers
Mortgage House provides Australian home loans for PAYG employees, self-employed borrowers, investors and refinancers.
Our online eligibility check delivers a fast, indicative signal based on your inputs. A dedicated lending specialist then verifies documents and applies responsible credit criteria before any approval decision is made.
SmartLend Assist™ supports this process by validating data and highlighting missing information. It does not replace credit assessment and does not guarantee approval.
Australian Credit Licence 393283.
Established 1986.
Your Home Ownership Success is our Mission
We are committed to 5-star service and helping you navigating the home loan process. We are on your side from start to settlement and beyond
Borrower Types
Refinance Home Loans
Best Suited For
Borrowers reviewing interest rates, consolidating debts, or accessing equity, subject to policy.
Eligibility Signals
Satisfactory repayment history, acceptable loan-to-value ratio, verifiable income and liabilities.
Documents Typically Required
Photo identification, income evidence, three to six months of bank statements, current loan statements.
First Home Buyer Home Loans
Best Suited For
Buyers seeking guidance on deposits, grants, and repayment planning.
Eligibility Signals
Stable income, genuine savings or acceptable alternatives, suitable credit history.
Documents Typically Required
Identification, income evidence, savings history.
Self-Employed & Alt-Doc Home Loans
Best Suited For
Sole traders, company directors, contractors and trust structures.
Eligibility Signals
Demonstrated business trading history, consistent income indicators, accountant verification where required.
Documents Typically Required
Business and personal bank statements, BAS or tax returns, accountant letter if applicable.
Investor Home Loans
Best Suited For
Residential property investors.
Eligibility Signals
Rental income verification, serviceability inclusive of liabilities, regulatory buffers applied.
Documents Typically Required
Lease agreements, bank statements, income evidence.
Construction & Renovation Loans
Best Suited For
New builds and structural renovations.
Eligibility Signals
Fixed-price building contract, licensed builder, valuation suitability.
Documents Typically Required
Plans and specifications, building contract, builder licence details.
SMSF, Low-Doc & Bridging Loans
Specialised lending options assessed case-by-case under strict credit criteria.
Home Loans for
Your circumstances dictate the type of home loan you need. Select your profile below to see how we can help:
Home Loan Types
Mortgage House offers a range of loan structures including fixed rate, variable rate, offset, split loans, interest-only, low-documentation, construction, bridging and line of credit facilities.
Fixed Rate
Variable Rate
Offset Accounts
Portable Loans
Split Home Loans
Interest Only
Line of Credit
Low Doc
Construction
Bridging
Each option is assessed for suitability based on borrower profile and loan purpose.
Why Choose Mortgage House Home Loans?
Regulated Trust
Mortgage House operates under Australian regulation with a focus on clarity, accountability and long-term borrower outcomes.
Structured Process
Our process follows a clear sequence: online eligibility check, document verification, credit assessment, then approval and settlement where criteria are met.
Smart Technology
SmartLend Assist™ improves data accuracy and turnaround efficiency but does not override credit decisions.
Dedicated Support
Each borrower is supported by a named lending specialist from application through settlement.
Borrowing Power Calculator
Your Monthly Repayment
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You Can Borrow Up To
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Important Disclaimer: Results are indicative only and do not constitute approval. Details of terms and conditions, interest rates, fees and charges are available upon application. Mortgage House’s prevailing credit criteria apply. We recommend you seek independent legal and financial advice before proceeding with any loan. The Comparison Rate for each of the home loan products contained in this page is based on a loan of $150,000 over a 25 year term. Fees and charges may be payable.
WARNING: The comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. * This mortgage calculator shows indicative repayments based on 12/26/52 equal repayments for monthly/fortnightly/weekly options.
Our Latest Articles
All you need to know
What is a home loan?
A home loan is a credit facility used to purchase or refinance residential property, repaid over time with interest.
What is a mortgage?
Mortgages are another name for home loans, and Australian residents are blessed with a secure and variable home mortgages industry that is the envy of the world.
When you borrow money from banks or lenders to buy a property, you enter into a legal agreement that requires you to make agreed home loan repayments over the life of your loan. If you calculate your mortgage options before you start looking for a property, you can make choosing from suitable home loans a little easier. You can do this with any of Mortgage House’s mortgage calculator options, which search all our home mortgages to find suitable options based on your financial situation and property goals.
When you are first looking for the best home loan, or mortgage, there are a few main types to consider:
- Principal and interest. This is the most common of our home loans. Mortgage repayments are made up of both the principal amount and the interest banks and lenders charge to allow them to provide you with the loan.
- Interest only.These kinds of home loans require you to pay back only the interest amount of the mortgage repayments, usually over an agreed, shorter, period of time. The goal of these home loans is to sell the home before the interest-only period ends and use the proceeds to pay off the principal amount.
- Owner Occupier.Owner occupier home loans are mortgages for people who intend to live in the property they are looking to buy. These home loans are the most popular offered by financial institutions, and as a result there are a lot of options to choose from. Use a home loan calculator to calculate your mortgage needs and take one step closer to finding a suitable home loan for you and your family.
- Investor home loans are for those looking to use real estate as an investment. Investing in property can have tax benefits and making regular mortgage repayments in Australia can help your credit rating over the long term
Our lending specialists have helped new home buyers understand the process of entering into a mortgage successfully for over 35 years. We have put together a range of helpful guides to give you valuable information as well. Feel free to explore our First Buyer Home Loan Guide today.
What are your current home loan rates?
Mortgage House offers competitively priced home loan rates across a range of loan types. Use our calculators or speak with a lending specialist for personalised information.
Types of home loans or mortgages offered
There are a range of different kinds of home loans that may suit you and your property goals. Everyone is different, so it makes sense that Mortgage House offers its customers choice when it comes to the home loans themselves and mortgage repayments options in Australia. Here’s a snapshot of some of the different types of home loans Mortgage House has available:
- Fixed rate:A fixed interest rate home loan is one where the interest rate is fixed over an agreed period of time. This period is usually between 1 and 5 years, and the time can vary among financial institutions.
- Variable rate: Variable rate home loans are the most popular in Australia and mean the interest rate can increase or decrease over the short and long term. Both internal and external factors can impact on whether the interest rates for these kinds of home loans rise or fall.
- Toggle Offset:These kinds of home loans can be a good compromise between the above two. With a toggle offset home loan, half has a fixed interest rate, and half a variable. You can toggle between the two to make the most of current interest rates and save.
- Split home loans: Mortgages like these are similar to toggle home loans, with portions that are both variable and fixed, but there are no restrictions on the proportions.
- Portable loans: These kinds of home loans are ones you can take with you when you move.
- Line of credit:A line of credit can be either a home loan or a personal loan and can help you access money when you need it most.
- Low Doc loan:If you are self-employed or don’t have access to the documents most financial institutions require when applying for home loans, a Low Doc loan may be the answer.
- Construction loan:Australians love building homes, and Mortgage House has a range of home loans that are designed just for that purpose. A Construction Loan will pay the builder in agreed stages, with interest only charged on the amount paid out, not the overall mortgage.
- Bridging loan:If you are selling your home and buying a new one, Bridging Loans can help you fill the gap.
Feel free to get in touch with one of our Lending Specialists to discuss the best home loan type for you.
What is a reverse mortgage?
If you have all the information you need ready to go, you can apply for your home loan in just 15 minutes – or less!
How do you calculate mortgage repayments?
Working out how much your mortgage repayments are likely to be is simple, thanks to Mortgage House’s mortgage calculator. Once you have narrowed down a few home loans that may be suitable, simply put all the relevant information into the calculator below and we will do the rest.
How much your home loan repayments are will depend on the home loan, how much you borrow and for how long. Not only will our mortgage calculator give you an idea of the repayments, but it will break them down for you into interest and principal amounts. That means you will get a clear picture of how much interest you will pay over the life of the loan. You can adjust the loan period to discover how much you can save by paying off your mortgage sooner, and you can adjust the interest rate up or down to mimic any variable rate fluctuations, allowing you to see the full picture of what might happen in the future and how that will affect your budget.
Our helpful home loan calculator is flexible, easy to use and can give you some of the information you need to take the next step. We also recommend exploring our best budget planner calculator to help give you essential visibility over your finances.
How long does approval take?
Timeframes vary depending on application complexity and the completeness of documentation provided.
What is a home loan health check?
A home loan health check reviews your current loan to determine whether you can achieve a better rate, improved features, or lower repayments.
How does a home loan or mortgage work?
A successful home loan application is when a bank or a lender determines that you are capable of making mortgage repayments over the life of the loan, based on a range of factors.
Essentially, a home loan is the money you need to pay for the difference between the total cost of your property and the deposit amount you have at your disposal. The money is lent to you by a bank or lending institution with interest payable on the loan amount each month.
Your lender will calculate your mortgage suitability by looking at your credit file and credit history, your current income and expenses and a range of other variables such as how long you have been with your current employer.
Different types of borrowers will be eligible for different home loan products to suit their circumstances. For example a first buyer home loan will require a different application process to an investment home loan or self employed home loan.
You may be able to calculate your home loan borrowing capacity before applying for any home loans. A Borrowing Calculator can give you an indication of how much you may be able to borrow, helping you narrow down your property search. Importantly, this kind of mortgage loan calculator is not a pre-approval, and is only a guide, but it can be a good start.
If you want a quick glance into monthly payment estimate based on the property value and your affordability, all you need to do is search our home loans for one that suits your needs, fill in the details of the mortgage calculator and we will calculate your home loan borrowing options, including mortgage repayments.
How much is mortgage insurance?
At Mortgage House, we understand that getting into the property market, especially in Australia’s capital cities like Melbourne and Sydney, can be difficult. That is why we have a range of tools and resources that aim to make it easier. One of the tools that may be available to you is Lenders Mortgage Insurance (LMI). While most financial institutions require you to have a 20% deposit when applying for home loans, LMI can allow you to borrow up to 95% of the value of the property you are looking to buy.
Mortgage insurance such as LMI protects the lender in case you default on your loan, and how much you pay can depend on the value of the property and the amount of deposit you have. In most circumstances, Mortgage House should be able to arrange your mortgage insurance, with the added benefit that it will be a one-off payment only. You can pay for mortgage insurance up front or add it to your home loan and pay it off over time. If you decide to do it this way, it is important to add the mortgage insurance fee to your home loan mortgage calculator at the very beginning. Importantly, as your property value increase, you could easily make up for the cost of mortgage insurance. And if you build up enough equity over time, you could also refinance your home loan and avoid paying mortgage insurance.
As your property increases in value over time, it could make up for the cost of LMI. Over time you could also unlock the equity in your home to refinance and avoid paying LMI.
Read more about LMI here.
How long does it take to pay off a home loan or mortgage?
A mortgage calculator can give you an indication of how long it takes to pay off a mortgage, and how much your mortgage repayments may be each week, fortnight or month. Most Australians can apply for home loans for up to 30 years, but you can choose smaller periods if you wish. Most Mortgage House home loans give you the option of paying them off sooner than the agreed period, without being penalised. While some financial institutions can charge you for making extra mortgage repayments in Australia, Mortgage House has a large range of low rate home loans that won’t. That means that for owner occupier and investors, making extra repayments, and paying off your loan sooner, is something that is simple to do. Refinancing your loan can also help you achieve this aim.
Making extra mortgage repayments in Australia means you will pay less interest over the life of the loan, saving you money. It’s worth understanding how to calculate your mortgage repayments, including any extra ones, before making any property decisions.
If you have used our home loan calculator and aren’t sure whether extra repayments will fit in your budget, but you would still like to have the option, Mortgage House have a range of home loans that include a Redraw Facility.
Redraw means you can draw-down, or withdraw, any extra repayments or lump sum payments you have made over the life of your mortgage loan, either in the short term or long term. You don’t have to spend the money on your home, and you can withdraw it whenever you like, as long as your regular minimum repayments are up to date.
Searching through Mortgage House’s home loans to find an interest rate that may suit your current budget and financial situation is a good place to start.
View our list of flexible low rate loanhttps://mortgagehouse.com.au/home-loans/all-loans/s here.
What is home loan pre-approval?
Pre-approval is a conditional indication of borrowing capacity based on initial information. It remains subject to verification and credit approval.
How much can I borrow?
Borrowing capacity depends on income, expenses, existing debts, interest rates and regulatory buffers applied at assessment.
What documents do I need?
Most borrowers provide identification, income evidence, bank statements and existing loan details. Requirements vary by borrower type.
Disclaimer: All lending is subject to standard credit criteria and responsible lending obligations. Terms, conditions, and fees apply.
