Non-bank lenders measure up

By |
Eighty-two per cent of mortgage brokers think non-banks present a competitive alternative to the banking majors.

A survey of over 500 mortgage brokers conducted by non-bank lender Homeloans shows that confidence in Australia's non-bank sector is continuing to grow, in a market where the major banks continue to dominate.

The survey also found 80% of mortgage brokers believe a recognised and reputable brand is important in a provider, with 33% saying they would find it difficult to recommend a credit provider that a client was not familiar with.

The findings reflect that the "flight to brand" and stability that took place during the financial crisis may start to help non-bank lenders with a strong brand presence among Australian consumers.

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now

Top Suburbs : melton , sth toowoomba , westbrook , tuart hill , bendigo

go back

Get help financing your investment

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here