Below you will find some insight and a bit of background information covering just some of the lenders we have access to that will be able to help to achieve your goal of home ownership. As time progresses we do however encounter extra lender accreditations to ensure we will always have an option to suit you.
Adelaide Bank – Established January 1994 originating from the Co-Operative Building Society of South Australia Limited which at that time was Australia’s largest building society and then merged with Bendigo Bank on August 9th 2007 to form Bendigo and Adelaide Bank Limited.
AMP – The Australian Mutual Provident Society was formed in January 1849 and provides the following services in Australia; investment loans, financial planning, financial advice, transactional banking, insurance and superannuation advice which makes them a strong competitor in the market.
ANZ – The Australian New Zealand Bank is one of the largest major international banking and financial services group in Australia. ANZ incorporated into Australia in 1977 and merged with the Bank of Adelaide in 1979. ANZ is recognised as one of the big four banks along with CBA, NAB and Westpac.
Auswide Bank – Established in 1966, this banks aim was to provide low-deposit home loans to compete with the big four. In May 2016, Auswide Bank merged with the Brisbane based Queensland Professional Credit Union trading as Your Credit Union.
AFM – Australian First Mortgage was established in 2003 and is an award winning mortgage manager. It is a wholly Australian owned business offering competitive products in residential finance, commercial finance and leasing finance and rely on the most part of their business to come from mortgage brokers.
Bank Of Melbourne – Established in 1989 and taken over by the Westpac Banking Corporation in 1997. In 2004 the Bank of Melbourne branches were rebranded as Westpac branches but in 2011 the Bank of Melbourne brand was resurrected after the Westpac Group purchased St George.
Bank SA – Established in 1848, originally known as The Savings Bank of South Australia, it then merged in 1896 with the State Bank of South Australia then in 1984 became the state Government owned bank we know today Bank SA.
Bankwest – Founded In 1895 by the Government of Western Australia to establish the Agricultural Bank of Western Australia as a rural lender to support the State’s farming industries. In 1994 it was known as The Bank of Western Australia trading as Bankwest and in 2008 this was taken over and purchased by the Commonwealth Bank of Australia.
BMM – Better Mortgage Management is up there with being one of Australia’s leading mortgage managers, established in 1999 striving to provide stress free experiences with home loan mortgages. BMM loan products offer competitive interest rates and additional benefits tailored to meet differing needs and rely on the most part of their business to come from mortgage brokers.
Beyond Bank – Was formerly a credit union called Community CPS Australia that started its existence in 1958 and became a mutual bank in late 2013. Since then Beyond Bank has partnered up with mortgage brokers expanding their product offering to a larger client base.
Bluestone – A non-conforming lender that was established in 2000 here in Australia as a specialist residential mortgage lender. Bluestone quickly expanded from a mortgage origination and securitisation platform to become a multi-national business.
ChoiceLend – Part of the Choice group which is now owned by NAB was bought out in 2009. ChoiceLend has the ability to offer competitive home loan products, and get their business stream solely from mortgage brokers who are accredited through Choice Aggregation which given that it is part of the NAB group you have the peace of mind that your loan is with one of Australia’s leading lenders.
Citibank Australia – Part of one of the world’s largest financial services organisations Citigroup. Citibank commenced consumer operations in Australia in 1985 when it was the first foreign bank to be granted a banking licence. With the combination of local expertise with the strength of Citibank’s worldwide consumer banking network, Citibank is able to offer a leading range of financial services including deposit accounts, foreign currency deposits and investments as well as credit cards, mortgages and insurance. In 1999, Diners Club Australia was acquired by Citibank.
Commonwealth Bank of Australia (CBA) – Founded in 1911 by the Australian Government, the CBA is one of the big four Australian banks along with National Australia Bank (NAB), ANZ and Westpac. The CBA listed on the Australian Stock Exchange in 1991 and the government fully privatised it in 1996. To this day it is Australia’s largest banking institution.
Credit Union SA – South Australia’s own third largest credit union, it was formed in October 2009 as part of a merger between two local South Australian credit unions Satisfac and Powerstate.
Heritage Bank – Heritage Building Society was formed in 1981 due to the merger of Toowoomba Permanent Building Society that was established in 1875 and the Darling Downs Building Society that was established in 1897. In 2011 the organisation changed its name to Heritage Bank. Heritage Bank provides retail, business and agribusiness banking services as well as superannuation products, insurance products and financial planning services.
Homeloans.com.au – One of Australia’s leading mortgage managers established in 1985 with the aim to provide Australians with alternate options compared to the banks for their home mortgages. Homeloans.com.au specialise in home loans offering a wide range of products suitable for first home buyers and investors and rely on the most part of their business to come from mortgage brokers.
HomeStart Finance – HomeStart was an initiative established and created by the South Australian Government in 1989 to provide alternative cost effective options compared to the high interest rates and a lack of affordable home loan finance options. HomeStart has assisted over 66,000 South Australian households into home ownership to this day.
ING – Founded in 1999 as a subsidiary of ING Group, ING was Australia’s first direct bank and has since grown to become the largest mortgage lender outside of Australia’s big four banks. ING offers a variety of day to day transactional banking and financial services. ING has no ATM network or branches and all services and support queries are provided over the phone or through online banking. ING also offers no-fee access to any Australian ATM.
LaTrobe – Founded on August 6th 1952, is now one of Australia’s leading non-bank credit specialists specialising in residential mortgages, fixed interest investments and funds management.
Liberty Financial – A non-conforming lender founded in 1997, Liberty has gone far and beyond to provide specialty finance with flexible solutions simply not available from other financial institution. They have made home ownership possible even when others said it wasn’t, a strong player in the car loan market, and a suitable fit for clients who may have had financial difficulties in the past such as bankruptcy or a credit default history.
Loan Avenue – Founded in 2005, Loan Avenue is a mortgage management lender catering to variety of Australians seeking home mortgages. They are able to obtain funds from leading international and domestic banks providing a wide range of products suitable for first home buyers and investors and touch on the non-conforming space and rely on the most part of their business to come from mortgage brokers.
Macquarie Bank – Opened its doors in December 1969 with three staff and an ambition to provide advisory and investment banking services of an international standard to the Australian market. Macquarie is now a global business along with being Australia’s leading domestically owned investment bank and one of the leading independent investment banks in the world.
Macquarie Leasing – A part of the Macquarie group dating back to being established in 1969, to this day Macquarie offers a number of car loan and leasing options for individuals and businesses, as well as additional services such as car sourcing, purchasing advice, and insurance.
ME Bank – Members Equity bank was founded in 1994 to offer access to home loan products as Super Member Home Loans by Australia’s Industry Super Funds, SMHL became Members Equity Bank in 1999. ME Bank was granted a banking licence in July 2001. Today ME Bank today offers a range of home loans, savings accounts, credit cards, term deposits, and transaction accounts. Is currently owned by 29 industry super funds.
NAB (National Australia Bank) – Was established in 1858 as National Bank of Australasia, now NAB is known as National Australia Bank and is up there as one of the big four competitors along with Commonwealth Bank, ANZ and Westpac. In 2014 NAB was ranked 21st largest bank in the world. The services they have on offer are personal transactional banking, business banking and private wealth services.
Pepper – Founded in 2001, the philosophy was based on the idea of satisfying an untouched need through innovative ways and thinking. Pepper’s founders realised lending products did not have to come from banks or other traditional lenders. Pepper provides specialist services with Asset Servicing across the residential and commercial property sectors – as well as in consumer, auto and equipment finance.
Suncorp – Founded in December 1996 by the QLD Government at that time was known as Metway Bank, then moved to become the allfinanz group Suncorp Metway. In July 2001 Suncorp Metway acquired AMP’s Australian general insurance, making it the second largest general insurer in Australia. In July 2002 the group simplified the branding to Suncorp. Suncorp Group remains one of Australia’s largest general insurers and one of Australia’s leading banks, and a specialist life insurance business
St George – The St. George Co-operative Building Society Ltd. was formed in May 1937 and in May 2008, Westpac and St. George merged. To this day St George provides funding for specialist industries and market segments including commercial property construction and development, trade finance and automotive finance. The Automotive Finance division operates under St. George Finance Limited and St. George Motor Finance Limited
Westpac – Is Australia’s first and oldest bank, it was established in 1817 as the Bank of New South Wales. In October 1982 it changed its name to Westpac Banking Corporation following the acquisition of the Commercial Bank of Australia. Westpac offers day to day consumer banking, business banking, and wealth management along with a broad range of options. Westpac is one of the big four competitor Australian banks along with CBA, NAB, and ANZ.
If you have any queries or a question regarding a specific lender and the services available or if you would like to find out which lender is most suitable for you and your greater potential, click here to talk to your mortgage broker Gerry and he will be able to assist with answering any questions.