Aussie Home Loans

Financial Services1001-5000 Employees

Aussie Home Loans is Australia's leading home loan and mortgage broker with more than 250,000 customers. Aussie Home Loans mortgage brokers find the right home loan for you. The firm was founded as Aussie Home Loans on 17 February 1992 by owner and executive chairman John Symond. The company was unique in its approach to home loans, offering 24 hours a day service and lower interest than loans offered by banks. In 1994 Aussie Home Loans introduced the securitisation of home loans, allowing them to offer loans upwards of 3% cheaper than its competitors.[citation needed] The company rapidly grew as consumers became aware of its products and banks were forced to copy its methods as their market share diminished.The company re-positioned itself as a mortgage broker in 2002, and introduced its own Aussie Home Loans credit card shortly thereafter. Aussie Home Loans’s accredited mortgage brokers represent 19 home loan brands, including all four major Australian banks, and also offer their own suite of loan products including home loans, personal loans, credit cards and insurance. Brokers are independently contracted to Aussie Home Loans and are paid on a commission only basis.

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