Firstmac
Variable interest rate cutFollowing the Reserve Bank of Australia (RBA’s) decision to cut the official cash rate, Firstmac has announced a 0.25% per annum (p.a.) reduction in our interest rates for all variable rate home, auto and SMSF products.
Firstmac
Firstmac targets expat borrowersNon-bank lender Firstmac has stepped up its focus on Australian property buyers living overseas, launching a new Expat Home Loan product that clears away the key barriers to home ownership for expats.
Firstmac
Firstmac rated highest among large non-banks in annual independent broker surveyThe results of Agile Market Intelligence’s 2024 Third-Party Lending survey of residential mortgage brokers indicate that Firstmac has the strongest third-party channel offering among its large non-bank counterparts.
Kim and Sia Cannon begin a business equipment finance brokerage
1990Kim and Sia branch into home loans. This was the beginning of introducing some competition to this industry by forcing the big banks to review their offers.
2002Kim and Sia purchased the First Mortgage Corporation, and became Firstmac.
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Very patient and he was left to do all the ground work and managed it very well, prompt reply’s perfect outcome, Thank you Daniel.„
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Their broker was very knowledgeable and worked with me to get the finance completed in a timely manner. I couldn't be happier!„
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Kristina was very helpful and available to answer questions the entire way through the process. The process was simple and as I had everything I needed upfront the loan was approved quickly. Well done!„
“We pride ourselves on how we have run our business, from our humble beginnings to who we have become today. People are at the heart of everything we do. We put people before profits with a focus on building high-quality businesses, developing our people and customer relationships.”
Founder & Managing Director of Firstmac Group
The products we provide are straightforward home loans and car loans for everyday Australians who are looking for an alternative to the major banks.
A ‘Strong’ S&P rankingWe are internationally ranked by Standard & Poor’s, which awards Firstmac its highest possible ranking for loan servicing.
Self fundedFirstmac self-funds its operations through the release of highly-rated Residential Mortgage Backed Securities, historically a low-risk investment, and has issued more than $40 billion in RMBS bonds since 2003.
Firstmac is a lender on the panel with the aggregators Connective, Choice, PLAN, FAST, eChoice, Loan Market, Smartline, AFG, Connective and VOW, with access to almost 10,000 individual brokers. Broker accreditation is completed online with broker relationships then managed by desk-based Business Development Managers.
We have a true service cultureFirstmac has worked hard to build a culture of personal service that is focused on helping you get your deals across the line. We are a friendly, close-knit team where everyone works together and the answer to any question takes moments, not days.
We are a responsible lender and have policies and audit committees in place to ensure that we know our customers and act in their best interests.
Firstmac originates only prime loans and uses its best-in-class credit practices and risk management frameworks to ensure the quality of its portfolio.
Just in case we lose you, may I ask for your contact details....
