Mortgageport

Office address: Level 2, 80 Pacific Highway, North Sydney NSW 2060 
Website: mortgageport.com.au 
Year established: 1998 
Company type: financial services 
Employees: 20+ 
Expertise: home loans, investment loans, construction loans, refinancing, non-resident loans, property finance, direct lending, customer service, joint ventures, asset management 
Parent company: BC Investment Group 
Key people: Phil Mikhail (national sales director), Michael McKelvie (senior manager), Bill Ryan (senior lending manager), Alwyn John (lending associate), John Berghella (MyChoice sales manager), Renata Hermida (associate lending manager) 
Financing status: corporate backed or acquired 

Mortgageport is a trusted non-bank lender based in North Sydney, serving both local and overseas borrowers. The company offers a wide mix of home loans, including options for buying, investing, building and refinancing.  

Mortgageport manages more than $2 billion in loans and supports a range of customer needs. 

History of Mortgageport 

Mortgageport was founded in 1998 by Glen Spratt, a co-founder of Wizard Home Loans. The firm was started to offer direct, flexible mortgage solutions outside the big banks. The business quickly built a reputation for working closely with accountants and financial advisers to help borrowers. 

In 2005, it sold a 50% stake to OFM Investment Group, a financial services company focused on investment and mortgage products. This move gave Mortgageport new capital and helped it expand its reach through joint ventures.  

In 2021, the firm welcomed BC Invest as a major shareholder after it acquired a 53% stake. This deal brought fresh funding and long-term support to help Mortgageport grow as a leading non-bank lender in Australia. 

The company’s journey includes several key milestones. The company joined forces with NXT Building Group to launch MyChoice Home Loans, making it easier for people to finance new homes.  

In 2023, it became part of BC Investment Group, a respected name in financial services and mortgage lending. This new chapter gave Mortgageport greater backing and helped it stand out as a leading non-bank lender in Australia. 

Mortgageport products and services 

Mortgageport provides a range of lending products for different property needs. Clients work with dedicated lending managers and benefit from access to multiple funding sources: 

• home loans for buying: loans to help purchase a new or existing home 
• investment property loans: finance options for buying or growing a property portfolio 
• refinancing loans: solutions to switch lenders or improve loan terms 
• construction loans: funding for building or renovating a property 
• home loans for self-employed: flexible options for those with non-traditional income or documentation 
• expat and non-resident loans: tailored products for overseas buyers or those with foreign income 
• small business home loans: lending support for business owners using property as security 
• home loan health check: review service to assess if a current loan still meets needs 

Its broad service range supports a variety of property goals for both residents and non-residents. Over 150 independent accounting firms refer clients to Mortgageport for its expertise and service. The company is also a long-standing member of the Mortgage & Finance Association of Australia (MFAA). 

Company culture and values 

Mortgageport values long-term relationships and works hard to earn client respect. The team is known for dedication and expertise. Since 1998, their mission has been focused on looking after clients’ needs over time. The company aims to support every client with care and knowledge through: 

• outstanding service: customers praise the helpful and responsive team 
• clear communication: staff answer calls and keep clients updated 
• personal guidance: lending managers guide clients through the process 
• focus on best results: team works to secure the right deal for each client 

Clients often mention how Mortgageport’s people go the extra mile and make things simple. Many describe their experience as positive, with staff who are patient and knowledgeable throughout the process. 

About National Director Phil Mikhail and key people 

Phil Mikhail is national sales director - direct at Mortgageport and leads the sales and distribution team. He held executive roles in home lending, including head of mobile banking NSW/ACT at National Australia Bank. Mikhail began his career as a mobile banker and later became a regional sales manager. 

Meet the key people behind Mortgageport: 

• Michael McKelvie is senior manager for origination, helping generations of clients secure home loans 
• Bill Ryan serves as senior lending manager, guiding property investors with over 35 years’ finance experience 
• Alwyn John works as lending associate, managing loan progress from application to settlement  
• John Berghella leads as MyChoice sales manager, bringing deep sector experience and strong financial qualifications 
• Renata Hermida acts as associate lending manager, offering strategic debt solutions with a background in economics and finance 

Mortgageport’s leadership team has deep experience across lending and finance. Their focus is on long-term client support and expert lending advice.   

The future at Mortgageport 

Mortgageport finished its integration with BC Invest and introduced a new brand in 2023. This gave it access to BC Invest’s strong balance sheet and streamlined processes, helping it serve more clients across Australia. With more funding and support, the firm is now better placed to help Australians buy homes and grow in the mortgage market. 

Since starting out, Mortgageport has helped over 15,000 customers secure more than $4.5 billion in home loans. And in 2025, the company helped clients review rates, restructure loans and cut costs with offset accounts. These actions continue to build trust and keep the company strong in non-bank lending.