What our clients are saying

    "Marty was fantastic! We swore never to use a broker again after bad experiences with other brokers in the past, and our last loan we negotiated ourselves, however this time we needed a mortgage... " – Blake Millgate
    "It is impossible to exaggerate how highly I rate Mortgage Experts and my experience with Marty McDonald... " – Brendan Arlington
    "Mortgage Experts have provided a fantastic experience in an area that can be complicated and emotional. Marty was always clear and precise and always made time to discuss the matters at hand... " – Brett Parker
    "I was really impressed with Marty's services. He was responsive to emails and calls, considered a range of options, and kept me informed at every stage. He was also very patient... " – Elise Darsow
    "Marty was great to deal with. From initial contact to finding a perfect solution and strategy to our situation to then securing the funding in a tight time frame nothing was too much trouble... " – Nick and Blaise Porter
    "Great service! All the advice I've received in the past has been really helpful. Love the newsletters which keep me updated on developments in the market. Highly recommended! " – Nick Jolly
    "I have used Marty's mortgage brokerage service (Mortgage Experts). He has been professional, resourceful, gone beyond the call of duty in servicing my mortgage. He has been able to... " – Prithvi Moses
    "We’re both really happy to have been able to get this sale across the line and are particularly grateful for you finding us a way to make the finance work! Walking into our new home... " – Sarah Macdonald & Stewart Bovell
    "We found Marty McDonald from Mortgage Experts through a Google search because he had a hugely informative page about family trust loans. Choosing Marty as our broker was a huge blessing... " – Tracey Cools

7, 10, 12 and 15 year fixed rate loans

Can you fix your loan for longer than 5 years?

Yes you can! Should you? We don’t think so!

In our opinion the risk of a significant break cost is just too high. For more details about break costs please go to our dedicated fixed rate page. The example there uses a 5 year fixed rate term, if you take the same example but over a say 15 year fixed rate loan the break costs could be around $78,000!

Still interested in a long term fixed rate?

Only a few lenders offer long term fixed rates with the longest that we are aware of being 15 years. For that loan the lender will only provide the product to investors. This is no coincidence, the reason for this is to protect the lenders reputation as no lender wants to end up on a current affairs program being shown to charge a Mum and Dad home loan customer an enormous break cost. Investors on the other hand are perceived to be able to make an informed decision for better or worse.

How much are long term fixed rates?

Generally long term fixed rate will be priced at around 0.5% pa - 1.00% pa above current 5 year fixed rates.

Want to learn more about long term fixed rates?

Our Current Lender Panel

Lex Luther Enterprises Pty Ltd (ABN 58114636949) trading as “Mortgage Experts” is an Authorised Credit Representative (444479) of Martin Warren Thomas McDonald, Australian Credit Licence (391230) under s64(1) of the National Consumer Protection Act 2009.