loans.com.au’s strong growth continues

We are pleased to report that with the help of our customers Loans.com.au has passed $4 billion in loans under management in just our sixth year of operation.

This has propelled our parent, Australia’s largest non-bank lender Firstmac Limited, past household names such as Citibank and Heritage Bank in the home loan market.

Loans.com.au Managing Director Marie Mortimer (pictured) said she was grateful to all of the company’s customers for helping it to grow so rapidly.  

“When we started Loans.com.au, we knew online lending was the way of the future but it is still a shock that the future has arrived so quickly,” Ms Mortimer said.

“It feels like just yesterday when Loans.com.au wrote its first loan but now it has truly become our billion-dollar baby.”

“This spectacular success stems partly from the fact that borrowing online is quicker, easier and much cheaper.”

“But it also reflects the open mindedness of our customers who were willing to question the assumption that walking into a big bank to get a home loan was the only way to go and instead came to a new online lender.”

“I thank them for their support over the last six years.”

Loans.com.au’s $4 billion milestone comes as the company’s products receive another raft of awards and 5-Star Ratings from financial comparison sites Mozo.com.au and Canstar.

Loans.com.au currently offers home loans starting from 3.64% (3.66% comparison).