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.

Can you afford to buy in this suburb? Find out how much you can borrow

Top Suburbs : newcastle , north epping , mt colah , redcliffe , mayfield

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