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About Us
Nationwide Lending Pty Ltd (ACN 106 218 875), a mortgage manager which operates nationally with its head office in Adelaide, was established in 2003 and is a privately listed company. The company has 250+ accredited brokers as of February 2010 servicing both metropolitan and regional areas of Australia.
Nationwide Lending is one of Australia’s leading mortgage managers, which provides a comprehensive suite of home loan and residential investment loan products. The company’s products take on all the competitors products within the mortgage industry, be it a non-bank lender or a full mainstream bank.
Having a unique suite of home loan products, Nationwide Lending is able to provide a solution to borrowers via their broker network, regardless of the borrower’s credit criteria. The company’s products cover prime and near prime sectors, inclusive of full doc and low doc products. The Phoenix Home Loan has been specifically designed as a near prime home loan for borrowers, when the banks say ‘no’.
Nationwide Lending sources their secured funding via the 3 largest wholesale funders in Australia, which are all regulated by the Australian Federal Government. These wholesale funders consist of Resimac; Firstmac; and Advantedge which is wholly owned by the National Australia Bank with more than $14 billion of mortgages under management. Both Resimac and Firstmac have been trading for over 20 years and combined have in excess of $22 billion under management.
The two only Mortgage Insurers in the country, being Genworth LMI and QBE LMI are both integral to the mortgage industry and Nationwide Lending hold direct accreditations with both of them.
Nationwide Lending’s role as a mortgage manager occurs primarily behind the scenes and includes managing credit analysis on applications, creating and implementing suitable home loan products to meet demand, providing loan administration services (such as producing statements), providing system infrastructure (such as internet access) and arranging loan funds.
The powerful combination of your broker alongside Nationwide Lending delivers you the best of both worlds; personalised service, with the security and confidence that your loan is backed by a leading Australian mortgage manager.
Nationwide Lending’s size and scale frees brokers to do what they do best; arrange flexible, competitively priced home loans and provide a level of professional service that is second to none.
Nationwide Lending is proud to be a substantial participant within the mortgage industry, having assisted Australian home owners and investors since 2003.
With a loan funded by Nationwide Lending, you can feel confident your mortgage is in safe hands.
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