Victorian Mortgage Group

Rates and Fees verified correct on April 27th, 2017

Victorian Mortgage Group has been operational since 1946, offering loans to customers who may not be accepted by major lenders.

VMC Logo

Victorian Mortgage Group (VMG) has its headquarters in Melbourne, Australia. In addition to home loans, it offers loans for refinancing, home renovations, debt consolidation, car purchases, and to pay for education, holidays, and weddings. It also offers small business loans.

VMG lends to home loan seekers who might not meet the stringent lending requirements of major lending institutions. VMG raises wholesale funds, sources its borrowers, approves its own loans and also manages and services its loans until borrowers fulfil their obligations.

Home loans provided by Victorian Mortgage Group

Five Star Pro

The Five Star Pro is available for purchases, refinances or for debt consolidation. This loan is best suited for very low risk borrowers.

Five Star Flexi

The Five Star Flexi can be used for buying a home, debt consolidation and making renovations. This loan offers flexibility by allowing borrowers with minor defaults and unlimited arrears. This loan suits borrowers who cannot get loans from banks, and who VMG determine as low to medium risk. The application follows a flexible assessment process, taking into account individual circumstances.

Five Star Solve

This loan is also for people who don't qualify for loans through banks, or who are looking for solutions to get out of debt and build secure financial futures. This loan covers limited defaults. You can use it for different purposes according to your requirements.

Five Star Assist

The Five Star Assist loan can be used for a variety of purposes, including managing or getting out of debt. This loan covers limited defaults as well. Apply for this loan if you've not had success with banks.

How to apply for a Victorian Mortgage Group home loan

If you wish to apply for a VMG home loan, please speak to a mortgage broker. To qualify for a VMG home loan you have to meet certain eligibility criteria.

  • You must be an Australian resident
  • You must be over 18 years old

As part of the application process, VMG looks into your financial history to establish how much you qualify to borrow. To get through the application process you have to submit certain information, which includes the following:

  • Your complete name, your mobile number and an email address
  • Details of arrears and defaults
  • Details of assets and liabilities
Was this content helpful to you? No  Yes

Related Posts

This page was last modified on 20 October 2016 at 3:37pm.

HSBC Home Value Loan - Resident Owner Occupier only

Enjoy the low variable rate with $0 ongoing fee and borrow up to 90% LVR.

NAB Choice Package Home Loan - 2 Year Fixed (Owner Occupier)

A fixed rate package loan with flexible repayments options. NAB Rewards Points offer available, terms and conditions apply.

IMB Budget Home Loan - LVR <=90% (Owner Occupier)

A competitive budget rate without any unwanted bells and whistles.

Greater Bank Ultimate Home Loan - Discounted 1 Year Fixed LVR ≤85% ($150K+ Owner Occupier)

Discount off an already competitive interest rate for loans over $150k. NSW, QLD and ACT residents only.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question