Mortgageport Home Loans


Mortgageport is a non-bank lender, mortgage manager and mortgage broker. Mortgageport says it offers bespoke home loan products that are tailored to a variety of individual needs.

Mortgageport is one of the participants in the federal government’s First Home Loan Deposit Scheme.

What home loans does Mortgageport offer?

Mortgageport offers a range of tailored home loan products, including:  

First Home Owner Deposit Scheme Loan

This is a loan for those eligible for the First Home Loan Deposit Scheme. The loan is available either with a variable rate or can be fixed for between one and five years. Features include the ability to make additional repayments (capped at $20,000 per year on fixed rate), access to a redraw facility and the ability to split loan your loan between a variable and fixed rate (a fee applies for this). At the time of writing, the minimum loan size is $50,000 and the maximum is $665,000, depending on the property’s location. 

At the time of writing, an application fee, lenders’ legal fee, loans settlement fee and a discharge fee apply, but there are no ongoing account fees.

Construction Home Loan

Mortgageport says this loan is designed for those who need finance for building a new home as well as paying for the land it’s built on. Features of the loan include access to a 100% offset account, choice of a fixed or variable interest rates, and no establishment or ongoing account keeping fees.  

Investment Home Loan

Mortgageport offers variable and fixed rate investment loans. Features may include a 100% offset account, the ability to split loans, and no ongoing or annual fees (other fees may apply). 

Mortgageport also offers a variety of other home loans catering for various purposes, including: 

  • Fixed and variable rate home loans (or loans split between a variable and fixed rate) 
  • Bridging Home Loan (if you are buying your next home and haven’t sold your existing home) 
  • Refinance Home Loan (if you are switching your home loan)  
  • Consolidation Home Loan (for borrowers looking to restructure their debt)
  • Self-Employed Home Loan (may be useful if you work for yourself and don’t have a consistent income) 

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Mortgageport home loan features

Depending on the option you choose, a Mortgageport home loan may provide the following features:

  • Additional repayments allowed
  • Repayments may be made weekly, fortnightly or monthly
  • Redraw facility available
  • Offset account available on selected loan products 
  • Split loans available 

The inclusions above represent a selection of the features available with Mortgageport home loans. Canstar is not making any suggestion or recommendation to you about this product. Additional conditions may apply to different features. Please see our comparison tables for more detailed information about products on offer from this provider. Check upfront with Mortgageport and please ensure that you read the product disclosure statement (PDS) or other loan documentation to determine all the current loan terms and conditions for the product you are considering and whether it meets your needs, before committing to it.

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Mortgageport home loans FAQs

Before getting started, you might first like to take a look at our applying for a home loan checklist for some pointers, and use the Canstar website to compare home loans with other providers before choosing a product that suits your needs. Please note that Canstar does not currently compare Mortgageport home loans.

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If you decide to apply for a Mortgageport home loan, you can make an enquiry on the Mortgageport website, over the phone or by emailing Mortgageport. You can also visit one of the Mortgageport branches – there is currently one in Sydney and one in Canberra.

At the time of writing, Mortgageport allows extra repayments on some of its loans. For example, it allows additional repayments on its First Home Owner Deposit Scheme Loan (up to $20,000 p.a. while on a fixed interest rate). Terms and conditions may apply. Contact Mortgageport for details. 

To give you an idea of how making extra repayments could save money in interest over the life of your loan, you might like to try our Extra Repayments Calculator.

Home Loans Extra Repayments Calculator

At the time of writing, some of Mortgageport’s home loans offer a redraw facility. For example, its First Home Owner Deposit Scheme Loan offers redraw if you are ahead of your scheduled repayments. Fees and charges may apply. Contact Mortgageport for details.

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Since its establishment in 1998, Mortgageport says it has provided more than $4 billion in loans to over 12,000 clients. Mortgageport says it uses its position as a non-bank lender, mortgage manager and mortgage broker to offer a wide range of home loan options as well as personalised services and bespoke home loan products.

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If you’re currently considering a home loan, the comparison table below displays some of the variable rate home loans on our database with links to lenders’ websites that are available for first home buyers. This table is sorted by Star Rating (highest to lowest), followed by comparison rate (lowest-highest). Products shown are principal and interest home loans available for a loan amount of $350K in NSW with an LVR of 80% of the property value and that offer an offset account. Before committing to a particular home loan product, check upfront with your lender and read the applicable loan documentation to confirm whether the terms of the loan meet your needs and repayment capacity. Use Canstar’s home loan selector to view a wider range of home loan products.

*Comparison rate based on loan amount of $150,000 and a term of 25 years. Read the Comparison Rate Warning

Written by: Tamika Seeto | Last updated: February 3, 2020