Resimac

What Resimac does

Resimac Group Ltd is an ASX-listed (ASX: RMC) Australian non-bank lender founded in 1985 and headquartered in Sydney, operating as one of Australia's original non-bank lenders. The company originates residential mortgages, car loans, asset finance, and secured business loans, with a deliberate focus on near-prime borrowers, self-employed professionals, contractors, and SMSF trustees who fall outside the credit scorecards of major banks. Its loan product set spans Prime, Prime Flex, Prime Alt Doc, Specialist, Specialist Alt Doc, and SMSF variants, distributed through a network of more than 18,000 mortgage brokers and complemented by direct-to-consumer digital channels.

The platform architecture is built around dedicated channel portals: BrokerZone and the RAF Portal serve mortgage and asset-finance brokers respectively, while CustomerZone, ClientZone, and LoanAccess serve home loan, auto finance, and partner-funded loan customers (the latter consolidating legacy portfolios from Homeloans, Barnes, iMortgage, and Volt acquisitions). Mobile applications on iOS and Android extend the self-service surface. Origination is underpinned by a streamlined credit assessment process and the company's multi-decade Residential Mortgage-Backed Securities (RMBS) program, which has issued close to $50 billion in mortgage-backed securities across domestic and global markets since 1987 and underpins the company's wholesale funding cost advantage. Supporting infrastructure includes mobile apps, a Visa Debit Card product, a Rewards Hub loyalty program, and the RMC Enhanced Income Fund wholesale investment vehicle.

Resimac serves over 50,000 customers across Australia and generates revenue primarily through net interest income on its lending portfolio, with the RMBS program functioning as both a funding source and a revenue-generating channel. The group operates through wholly-owned subsidiaries including Resimac Limited, Resimac Asset Finance, FAI First Mortgage, Homeloans.com.au, Evergreen Finance Company, Resimac Financial Services, and The Servicing Company. Non-financial differentiators include the Carbon Conscious environmental program (over 40,000 trees planted) and principal-partner sponsorship of the Broker Innovation Awards 2025. Notable risk factors include ASIC civil penalty proceedings commenced in May 2025 against subsidiary Resimac Limited regarding hardship-notice compliance under the National Consumer Credit Protection Act.

Name

Resimac

Legal name

Resimac Group Ltd

Website

https://resimac.com.au

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

251–500 employees

Short description

Resimac Group is an ASX-listed Australian non-bank lender founded in 1985, originating home loans, car loans, asset finance, and secured business loans for over 50,000 customers through a network of 18,000+ mortgage brokers, with a focus on near-prime and self-employed borrowers underserved by major banks.

Ownership category

akta.pro rank

Product category

Non-Bank Lending

NAICS

Real Estate Credit (522292), Credit Intermediation and Related Activities (522)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Balance-Sheet / Portfolio CRE Lending (FSALADAG)

akta.pro secondary industries

Credit Risk Transfer (CRT) & Mortgage Credit Securities (CAS/STACR/ACIS) (FSALAFAH), Commercial Real Estate (CRE) Mortgage Origination (FSALADAA)

Keywords

• Non-bank lending
• Residential mortgages
• Asset finance
• Secured business loans
• Mortgage origination

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Lending: Resimac generates primary revenue through interest income on residential mortgages, car loans, asset finance, and secured business loans. As a non-bank lender, it funds operations through a combination of deposits, wholesale funding, and its established RMBS securitisation program.
2. Mortgage-Backed Securities Issuance: Since 1987, Resimac has issued close to $50 billion in mortgage-backed securities across domestic and global markets through its securitisation program, providing funding for mortgage origination.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Resimac is an ASX-listed Australian non-bank lender (founded 1985) that originates residential home loans, car loans, asset finance, and secured business loans. Loans are distributed primarily through a network of more than 18,000 mortgage brokers and direct channels, with funding sourced in part through Mortgage-Backed Securities issuance.

Product overview

Resimac is an Australian non-bank lender established in 1985, offering a multi-channel lending platform through mortgage brokers (BrokerZone), direct lending, and asset finance channels. The core lending products span Home Loans, Car Loans, Asset Finance, and Secured Business Loans. Broker-specific products include Prime & Prime Flex, Prime Alt Doc, SMSF, Specialist, and Specialist Alt Doc variants targeting prime and near-prime borrowers. Customer-facing digital channels include CustomerZone (home loans), ClientZone (auto finance), and LoanAccess (partner-funded loans). The company also offers a Rewards Hub loyalty program, Visa Debit Card, RMC Enhanced Income Fund investment product, and sustainability initiatives through its Carbon Conscious program. The company has issued approximately $50 billion in mortgage-backed securities since 1987.

Differentiator

Problem solved

Functional benefit

Brands

• CustomerZone: Digital banking platform for Resimac home loan customers to manage accounts, make payments, and access statements
• BrokerZone
• RMC Enhanced Income Fund

Products and services

• Residential Home Loans

Quantifiable outcome

• Over 50,000 customers served across lending products
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Broker Daily (Broker Innovation Awards)coreGTM or Marketing Partner · 1 January 2025Resimac served as principal partner for the Broker Innovation Awards 2025, run in partnership with Broker Daily. The awards recognise excellence across Australia's mortgage distribution channel and strengthen Resimac's relationships with brokers.
• Carbon Conscious Investments (Carbon Positive)coreStrategic or Co-development PartnerResimac partners with Carbon Conscious Investments (Carbon Positive) for its Carbon Conscious program, which plants native Mallee Eucalypt trees for every new loan settled. The program has planted over 40,000 trees to date, offsetting CO2 emissions and supporting biodiversity in Western Australian wheat-belt areas. This environmental initiative is part of Resimac's broader sustainability commitment.
• Food LaddercoreStrategic or Co-development PartnerResimac supports Food Ladder, a not-for-profit global pioneer in environmentally sustainable technologies that create food and economic security for remote communities. This partnership reflects Resimac's commitment to community support and environmental responsibility.
• QBE InsuranceminorGTM or Marketing PartnerResimac markets insurance products from QBE Insurance as part of its product offerings, providing customers with access to insurance products alongside lending services.

Scale indicators5 records

Expansion highlights5 records

Direct peers

• Pepper Money: One of Australia's largest non-bank lenders, originating residential mortgages, auto and asset finance primarily through mortgage brokers. Directly comparable to Resimac in product mix (prime, specialist, alt doc), broker-led distribution, and RMBS-based funding model.
• Liberty Financial: Major Australian non-bank lender offering residential mortgages, asset finance and secured business loans through a large broker network. Comparable to Resimac in business model, customer segments (including self-employed/specialist), and securitization-driven funding.
• La Trobe Financial: Australian non-bank lender and active RMBS issuer offering residential, investment and asset finance through wholesale and direct channels. Comparable to Resimac in securitization-led funding and non-bank specialist origination.
• Firstmac: Long-established Australian non-bank lender specializing in residential mortgages and asset finance, with deep RMBS issuance track record. Closely comparable to Resimac on funding model, broker distribution, and product breadth.
• Bluestone Mortgages: Australian non-bank residential mortgage specialist focused on self-employed, near-prime and complex-income borrowers. Direct competitor in the same niche Resimac serves, with similar broker-led distribution and securitization funding.
• Pallas Capital: Australian non-bank lender offering residential and commercial mortgages through mortgage brokers. Comparable to Resimac in non-bank specialist positioning, broker distribution, and target borrower segments.

Emerging players

• Athena Home Loans: Australian digital non-bank mortgage lender focused on prime owner-occupier and investor loans with variable-rate repricing. Comparable to Resimac in non-bank positioning and RMBS funding, but with narrower prime-only focus and digital-first distribution rather than broker-led.

Broad incumbents

• Aussie Home Loans: Major Australian retail mortgage broker and lender (now part of the CBA group) with extensive branch and broker distribution. Comparable as a large-scale broker-distributed Australian mortgage business, though broader prime focus and broader retail offerings than Resimac's specialist tilt.
• ING Australia (Mortgage Division): Australian bank with significant mortgage origination via direct channels and broker network. Comparable to Resimac on broker-driven residential mortgage distribution, though broader banking franchise and prime-only positioning.
• ANZ (Mortgage Division): One of Australia's largest mortgage originators with a substantial broker channel and RMBS issuance programs. Comparable as a benchmark for mortgage origination scale, funding model and broker distribution, though much broader franchise than Resimac's specialist focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/resimac
• Xx.com/resimac

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Resimac