Mortgage House Advantage Investment Home Loan 80 (Special)

Kickstart your property portfolio with the Mortgage House Advantage Investment Home Loan 80 (Special).

The Advantage Investment Home Loan 80 (Special) is an investment loan from Mortgage House. It comes with a competitive interest rate and there's no maximum loan size, which is great for pricier properties.

Who is Mortgage House?

Mortgage House is a leading non-bank home loan brand in Australia. It began operations as a mortgage broker in 1986 and now has more than 25 home loan centres across Australia offering customers an array of products and services.

Product NameMortgage House Advantage Variable Home Loan - LVR 80 Special (Investor, P&I)
Interest Rate TypeVariable
Interest Rate (p.a.)3.99%
Comp Rate^ (p.a.)4.02%
Minimum Loan Amount$500,000
Maximum Loan Amount$5,000,000
Minimum Loan Term7 years
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR80%
Mortgage Offset AccountNo
Mortgage 100% OffsetNo
Loan Redraw FacilityYes
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Available as equity loan/line of creditNo
Repayment TypePrincipal & Interest
Application Fee$0
Lender's Legal Fee$395
Valuation Fee$300
Ongoing Fees$0 p.a.
Settlement Fee$250
Discharge Fee$450

Pros

  • No ongoing fees
  • No maximum loan amount
  • Redraw facility

Cons

  • No offset account
  • There is a $250 settlement fee
  • There is a $450 discharge fee

What do I need to know about this loan?

The Mortgage House Advantage Investment Home Loan 80 (Special) is a principal and interest loan designed for property investors. You can use it to finance an investment property. It has no ongoing fees.

What are the features and benefits of the Mortgage House Advantage Investment Home Loan 80 (Special)?

    • Loan-to-value ratio (LVR). The loan has a maximum loan-to-value ratio (LVR) of 80%, meaning you'll need at least a 20% deposit.
  • Loan amount. The loan has a minimum borrowing amount of and a maximum borrowing amount of $5,000,000.
  • Repayments. The Mortgage House Advantage Investment Home Loan 80 (Special) lets you make extra repayments without penalty, which you can redraw if needed.

What fees and charges come with this loan?

  • Settlement fee: $250. This fee is a one-off charge payable on settlement.
  • Discharge fee: $450. You'll pay this fee when you close your home loan account, either by refinancing or paying off your mortgage.

There is no application fee for this loan.

How do I apply for this home loan?

Interested in the Mortgage House Advantage Investment Home Loan 80 (Special)? If so, click the button below to be redirected to the Mortgage House website where you'll be guided through the application process.


Enquire about this home loan
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Mortgage House Advantage Variable Home Loan - LVR 80 Special (Investor, P&I)

  • Interest Rate

    3.99% p.a.

  • Comparison Rate

    4.02% p.a.

  • App Fee / Annual Service Fee

    $0 / $0

  • Max LVR

    80%

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