HomeStart Finance has joined the panel of lenders at the country’s leading mortgage broker, Aussie Home Loans.
Since 1989, HomeStart has helped more than 71,000 South Australians into home ownership by providing low deposit loan options, and other innovative lending products which help boost borrowing power.
CEO of Aussie, Mr James Symond, said “HomeStart is a welcome addition to our panel as it provides greater choice and affordability for our South Australian customers who are seeking a genuine alternative lender outside of the major and mid-tier banks.
“Our team of 75 mortgage brokers and 10 stores across SA are excited to be able to distribute HomeStart’s range of accessible loan products and we look forward to working with the group,” added Mr Symond.
Mr John Oliver, CEO of HomeStart, said “We are delighted to be joining the panel of lenders with Australia’s largest retail mortgage brokerage in Aussie, which will expand our brand presence and reach across the state.
“Aussie is the logical partner for us as the group provides an excellent distribution channel for our loan products, with the ability to reach many home buyers and assist our mission to help more South Australians into their own home sooner,” he added.
HomeStart made home ownership a reality for 1,779 buyers with lending of $510 million during the 2018 financial year, up from $432 million in the previous year.
Almost 90 per cent of HomeStart’s customers were unable to secure finance from a mainstream lender in the 2018 financial year, with the World Bank recognising the group as a global leader in affordable housing.
Mr Symond said “We are proud to be a partner of such a loved brand in South Australia and believe that HomeStart is a model that can be followed by other State governments.”
For more information about Aussie, visit www.aussie.com.au.