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Magellan Homeloans Reviews 

1
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TrustScore 3.5 out of 5

3.6

Mortgage Broker
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Company details

  1. Mortgage Broker
  2. Finance Broker
  3. Financial Consultant
  4. Mortgage Lender

Information provided by various external sources

Magellan Homeloans - Mortgage Lending

Contact info

3.6

Average

TrustScore 3.5 out of 5

1 review

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3.6

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(1)

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Rated 4 out of 5 stars

Firstly I will be honest and agree that…

Firstly I will be honest and agree that Magellan is a mortgage company used as a last resort when trying to get foot back on ladder. I had some pretty difficult circumstances (beyond control) and as a result some poor credit history (DMP and defaults). Magellan although not the quickest, conducted a very thorough manual application which eventually got me my binding offer, 3 months after DIP. I'm very grateful that there are still companies like this out there which assisted in me getting the house I and my wife set our hearts on. All communication went through the mortgage broker. I will say though get all of your bank statements, ID's and utility bills in order (printed off) as they require loads. It seems frustrating for a while but the outcome is worth it.

15 January 2019
Unprompted review

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