Oxygen Home Loans

What Oxygen Home Loans does

Oxygen Home Loans is an Australian mortgage brokerage firm founded in 2001 and headquartered in Sydney, operating as an independently owned intermediary between retail borrowers and a panel of lenders. The company serves first home buyers, property investors, refinancers, SMSF trustees, and car loan borrowers through a dual channel of 100+ broker locations across Australia and direct digital self-service via oxygen.com.au. Cumulative scale metrics include $15B+ in home loans settled, $3.5B+ active loan book, and 42,000+ customers served.

The core offering is mortgage broking — comparing loan products across owner-occupied, investment, refinancing, SMSF, and car loan categories. The digital platform includes online application processing, loan comparison tools, and a suite of calculators (loan repayment, stamp duty, SMSF property, SMSF affordability, home loan offset, loan comparison). Adjacent sub-brands extend the platform: OxyPay provides property investors with up to AUD $20,000 for repairs and renovations at a 1% monthly fee, repaid over 12 months; ListReady provides up to AUD $20,000 for pre-sale expenses at a 2.4% monthly fee, repaid at settlement. Additional products include a dedicated SMSF Lending platform and Bridging Loans through Clinch Finance. Technology is primarily consumer-facing — no public API, SDK, or proprietary AI/ML components are disclosed — with back-office operations supported by Australian Credit Licence Number 390351 and MFAA certification.

Revenue is generated primarily through affiliate commissions from lenders (upfront on origination and trail on the active book), supplemented by transaction-fee revenue from OxyPay and ListReady sub-brands. Go-to-market spans two motions: a channel-partner/broker network across 100+ Australian locations and direct-to-consumer digital application. Distribution is reinforced by a strategic partnership with McGrath Real Estate, providing access to 107 McGrath offices and generating 14,000+ property settlements in FY21. The company is privately held, founder/management-controlled, with no disclosed external investor backing.

Name

Oxygen Home Loans

Legal name

Oxygen Broking Services Pty Ltd

Website

https://oxygen.com.au

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Oxygen Home Loans is an Australian mortgage brokerage connecting retail borrowers with a panel of lenders across 100+ locations. The firm offers home loans, refinancing, SMSF, and car loans, alongside sub-brands OxyPay (property expense financing) and ListReady (sale preparation funding).

Ownership category

akta.pro rank

Headquarters

HQ city

Pyrmont

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mortgage Broker Commission: Oxygen earns commissions from lenders when customers settle home loans through their broker network. As an independently owned and operated mortgage broker, the company acts as an intermediary between borrowers and lenders, earning trail commissions and upfront commissions from the lender products they distribute.
2. OxyPay - Property Expense Financing: OxyPay provides property expense financing up to $20,000 for property investors, repaying over 12 months with a 1% monthly fee deducted from the loan amount.
3. ListReady - Property Preparation Financing: ListReady provides funds up to $20,000 to help property owners prepare for sale (marketing, styling, auction fees), with repayment due when the property settles. A 2.4% monthly fee applies.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Oxygen Home Loans is an Australian mortgage brokerage that arranges home loans for consumers by comparing products across its network of lenders. Core categories include owner-occupied loans, investment loans, refinancing, SMSF lending, and car loans, delivered through 100+ broker locations and an online application portal. The company has expanded into adjacent property financing through sub-brands OxyPay (property expense financing) and ListReady (property sale preparation funding).

Product overview

Oxygen Home Loans operates as a multi-award winning mortgage brokerage platform offering a comprehensive suite of home loan products and financial services. The core offering includes home loans for various purposes (owner-occupied, investment, refinancing, SMSF, car loans) that connect customers with a network of lenders through their broker network. The platform also provides supplementary financial products including OxyPay (property expense funding up to $20,000 repaid over 12 months) and ListReady (property preparation funding up to $20,000 repaid at settlement). A suite of calculator tools (Loan Repayment, Stamp Duty, Loan Comparison, SMSF Property, SMSF Affordability, Home Loan Offset) supports the customer journey. The company also offers SMSF Lending and Bridging Loans as specialized products. Services are delivered through brokers and digital channels with Australia-wide coverage across 100+ locations.

Differentiator

Problem solved

Functional benefit

Brands

• OxyPay: Property expense financing service allowing property investors to access up to $20,000 for repairs, maintenance, minor renovations, with repayment over 12 months through property management remittance
• ListReady

Products and services

• Home Loans Brokerage Core mortgage brokerage service that connects Australian consumers with a network of lenders to arrange home loans, including owner occupied, investment, refinancing, SMSF, and car loan categories. Includes digital online application and broker-led support.
• First Home Buyer Loans Specialised home loan products and broker guidance for first-time Australian property buyers navigating their initial property purchase.
• Property Investment Loans Home loan products and broker services tailored for Australian property investors building an investment property portfolio.
• Refinancing Home loan refinancing service helping existing Australian homeowners find better rates or access equity in their properties through Oxygen's lender panel.
• SMSF Loans Self-Managed Super Fund property loans allowing Australian SMSF trustees to borrow for investment property through their self-managed superannuation fund, supported by a dedicated SMSF lending platform.
• Car Loans Vehicle financing brokerage service helping Australian customers find competitive car loan rates through Oxygen's lender network.
• Bridging Loans Short-term financing solution to bridge the gap between purchasing and selling properties for Australian customers, arranged through Oxygen's lender panel.
• OxyPay Property expense financing service for property investors providing up to $20,000 for repairs, maintenance, minor renovations, and property expenses. Repaid over 12 months through property management remittance with a 1% monthly fee. Operated by wholly owned subsidiary ListReady Operations Pty Ltd.
• ListReady Property preparation funding service providing Australian property sellers up to $20,000 for marketing, styling, and auction fees, with repayment when the property settles and a 2.4% monthly fee. Operated by wholly owned subsidiary ListReady Operations Pty Ltd.

Quantifiable outcome

• $15+ Billion in home loans settled
• +2 more outcomes

Named customers2 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Lenders NetworkcoreChannel Partner/ Reseller/ DistributorOxygen compares hundreds of loans from a network of lenders, making this the core of their business model. The company acts as an intermediary, earning commissions from lenders when customers settle loans through their broker network.
• McGrath Real EstatecoreStrategic or Co-development PartnerOxygen has access to 107 McGrath Real Estate Offices across the East Coast, enabling a large referral base for property-related financing products. The partnership generated 14,000+ McGrath network property settlements in FY21.
• OxyPay Channel Partners (Real Estate Agents)minorChannel Partner/ Reseller/ DistributorOxyPay funds are paid directly to real estate agents, who must have a signed Property Management agreement with Oxygen's channel partners. The platform enables property investors to access maintenance and renovation funding with repayments deducted from property management remittance.
• ListReady Channel Partners (Real Estate Agents)minorChannel Partner/ Reseller/ DistributorListReady funds are paid to real estate agents for pre-sale expenses. Real estate teams can also refer vendors to ListReady. The platform supports property sellers preparing for listing with marketing and styling funds.
• MoneyME (Renovation Funding Referral)minorGTM or Marketing PartnerOxygen refers customers seeking renovation funding before selling to MoneyME's renovation funding product, as a complementary financing option alongside OxyPay and ListReady.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Wisr: Australian fintech lending platform offering home loans and credit products. Comparable to Oxygen in targeting Australian consumers seeking credit products, though operating as a direct digital lender rather than a broker aggregator, and at smaller scale.
• Tic:Toc: Australian digital-first home loan lender using automated underwriting. Comparable to Oxygen in targeting the same residential mortgage customer but competing via a fully digital model rather than a broker network - represents the disruption vector Oxygen's hybrid digital strategy must defend against.
• Reduce Home Loans: Australian mortgage broker and lender focused on low-rate home loan products. Comparable to Oxygen in targeting cost-conscious Australian mortgage customers, though operates with a more direct/rate-led positioning and smaller broker footprint.

Direct peers

• Aussie Home Loans: One of Australia's largest retail mortgage broker brands, operating a store-based broker network and direct lending. Directly comparable to Oxygen in offering residential mortgage brokerage across owner-occupied, investment, and refinancing segments, but at significantly larger national scale and with proprietary lender capability.
• Loan Market Group: Australian mortgage broker aggregator with a national broker network. Closely comparable to Oxygen in business model - aggregating brokers across Australia who originate home loans across lender panels, with similar commission-based revenue streams.
• Mortgage Choice: Listed (formerly ASX) Australian mortgage aggregator with a franchise/broker network model analogous to Oxygen. Acquired by REA Group in 2021, it is highly comparable in offering multi-product mortgage broking with broker recruitment and lender panel economics similar to Oxygen's structure.
• Australian Finance Group (AFG): Australia's largest mortgage aggregator with a broker network servicing a substantial share of Australian mortgage originations. Highly comparable to Oxygen as both operate aggregator/broker group models earning commissions from lender panels, though AFG operates at materially larger scale.
• Mortgage Ezy: Australian mortgage broker with a focus on home loan origination and refinancing. Comparable to Oxygen in offering direct mortgage broking services to Australian consumers, though operating at smaller scale with a more limited geographic footprint.

Broad incumbents

• Heritage Bank: Australian customer-owned bank offering home loans distributed through broker networks. Comparable to Oxygen as a participant in the same broker-distribution ecosystem, though Heritage operates as a principal lender funding its own loans rather than as a broker.
• Macquarie Bank: Major Australian bank with a significant broker-originated mortgage book. Comparable to Oxygen as a counterparty in the broker distribution channel - Macquarie relies on brokers (including Oxygen's network) for originations, making it both a lender partner and indirect competitor for broker mindshare.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OxygenHomeLoans
• LinkedInlinkedin.com/company/oxygen-home-loans
• Xx.com/oxygenhomeloans

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Oxygen Home Loans