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According to the 2025 PEXA Lender Mortgage Trends report, while major banks continue to lead, non-bank lenders and mortgage brokers are experiencing significant growth. This surge is attributed to their ability to offer flexible and tailored loan products, often with competitive interest rates and streamlined application processes.
Several factors contribute to this shift. Firstly, the rise of digital platforms has enabled non-bank lenders to reach a broader audience, offering user-friendly interfaces and quick approval times. Secondly, consumers are increasingly seeking alternatives to traditional banks, especially those who may not meet the stringent criteria set by major institutions. Non-bank lenders often provide solutions for such borrowers, including self-employed individuals and those with unique financial circumstances.
For potential homebuyers and existing mortgage holders, this evolving landscape presents both opportunities and considerations. The increased competition can lead to more favourable loan terms and interest rates. However, it's essential for borrowers to conduct thorough research and consider factors such as lender reputation, loan terms, and customer service quality.
In conclusion, the growing presence of non-bank lenders in Australia's mortgage market signifies a dynamic shift towards a more diversified and competitive environment. Borrowers are encouraged to explore all available options to secure the most suitable and advantageous mortgage solutions.
Published:Saturday, 17th Jan 2026
Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.