Granite Home Loans
Granite Home Loans is an Australian non-bank mortgage lender that originates SMSF, non-resident, professional (Lender Paid LMI), construction and commercial property loans distributed exclusively through 7,000+ accredited mortgage brokers. A subsidiary of ColCap Financial Group ($21.8B+ AUM), it serves niche borrower segments underserved by major banks.
- Company typePrivate
- Founded2018
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Granite Home Loans does
Granite Home Loans is an Australian non-bank mortgage lender established in 2018 and headquartered in Sydney as a subsidiary of ColCap Financial Group, one of Australia's largest non-bank lenders with $21.8 billion+ in assets under management and 500+ group employees. The company originates residential, investment, SMSF, commercial, construction and non-resident loans distributed exclusively through Australia's mortgage broker channel; it does not accept direct consumer applications. Its core product portfolio includes SMSF Lending (with a 100% offset facility and no minimum liquidity or asset testing), Non-Resident and Foreign Income Loans (serving 30+ countries, powered by AAA Financial Corporation), Professional Products with Lender Paid LMI for university-educated professionals, HomePay construction loans with 12 months of deferred repayments, and a Commercial Easy Refinance package. Loan sizes range up to approximately $3.5 million and are priced through interest rate spread with associated fees (annual facility fees, lender protection fees, fixed rate lock fees, and discharge administration fees).
Granite distributes through more than 7,000 accredited brokers, with members of major aggregators (AFG, Astute, Mortgage Choice, MAB, LMG, Outsource Financial, Connective, Finsure, Moneyquest and others) automatically accredited. The company supports this network with State Partnership Managers and Business Development Managers in every Australian state and territory, plus a dedicated Non-Resident specialist BDM. Its technology stack is digital-first: borrowers access internet banking via online.originmms.com.au/ib/granite, brokers operate through broker.granitehomeloans.com.au, and the public site offers 18+ financial calculators covering repayments, borrowing power, offset, stamp duty, and budgeting. Third-party service providers include LMI providers (Helia, QBE, Arch), credit reporting bodies (Equifax), bank statement categorisation (illion/BankStatements), and a Visa debit card product transitioning from Indue to Hay in September 2025.
Revenue is generated primarily through interest rate spread on originated mortgage assets across its product lines, supplemented by facility fees, lender protection fees, valuation pass-through, and discharge administration fees. The company earned Best SMSF Lender at the 2024 Australian Wealth Management Awards, reinforcing its niche leadership in self-managed super fund lending — a segment that major Australian banks have largely exited. As a privately held subsidiary of a privately controlled parent with no disclosed external institutional investors, Granite's growth is funded internally through ColCap's balance sheet rather than external venture or private equity capital.
Granite Home Loans firmographics
Firmographics- Name
- Granite Home Loans
- Legal name
- Granite Home Loans Pty Ltd ACN 622 955 524
- Website
- https://granitehomeloans.com.au
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Granite Home Loans is an Australian non-bank mortgage lender that originates SMSF, non-resident, professional (Lender Paid LMI), construction and commercial property loans distributed exclusively through 7,000+ accredited mortgage brokers. A subsidiary of ColCap Financial Group ($21.8B+ AUM), it serves niche borrower segments underserved by major banks.
- Ownership category
- akta.pro rank
Granite Home Loans industry classification
Industry- Product category
- Non-Bank Mortgage Lending
- NAICS
- Real Estate Credit (522292), Nondepository Credit Intermediation (5222)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Balance-Sheet / Portfolio CRE Lending (FSALADAG)
- akta.pro secondary industries
- Private Banking Lending (Securities-Backed, Real Estate, Structured Credit) (FSABADAE), Renovation Mortgage Origination (FHA 203(k), HomeStyle, CHOICERenovation) (FSALAAAL), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)
Keywords
Where Granite Home Loans is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Granite Home Loans business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Mortgage Lending Interest Spread: Granite Home Loans generates revenue primarily through the interest rate spread on originated home loans and investment property loans. As a non-bank lender, it earns interest income on residential mortgages, SMSF loans, commercial property loans, professional loans, and non-resident foreign income loans. Loans are available for purchase and refinance with variable and fixed rate options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | SMSF Loans — residential up to 90% LVR, commercial up to 80% LVR, max $3.5M |
| Other | Monthly | Non-Resident and Foreign Income Loans — up to 90% LVR, max $3M |
| Other | Monthly | Professional / Lender Paid LMI — no LMI premium, no genuine savings required, no minimum income requirements |
| Other | Monthly | Commercial Easy Refinance — up to 80% LVR, max $3.5M, up to 360 months term |
| Other | Monthly | HomePay Construction — no out-of-pocket repayments for 12 months |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Granite Home Loans product offering
Product offeringCore offering
Granite Home Loans is an Australian non-bank lender that originates specialized residential, investment, SMSF, non-resident, professional, and commercial mortgages. Its products are distributed exclusively through a nationwide network of 7,000+ accredited mortgage brokers, with a particular focus on niche segments such as SMSF property investors, university-educated professionals (Lender Paid LMI), non-residents with foreign income, and commercial property refinancers. The company is a market leader in SMSF lending and offers features like 100% offset facilities, flexible repayment cycles, and digital application processing.
Product overview
Granite Home Loans is a non-bank lender operating as part of ColCap Financial Group, offering an integrated portfolio of specialized mortgage products distributed exclusively through mortgage brokers. The core product suite includes SMSF Lending for self-managed super funds, Non-Resident and Foreign Income Loans, Professional Products (Lender Paid LMI) for university-educated professionals, HomePay construction financing (build now, pay later), and Commercial Easy Refinance packages. These products are supported by a suite of 18 online financial calculators covering home loans, property costs, income, and budgeting, plus a 100% offset facility, digital internet banking access, and a Visa debit card offering. All products are accessible through an accredited broker network and feature competitive rates, flexible repayment options, and streamlined digital application processes.
Differentiator
Problem solved
Functional benefit
Products and services
- SMSF Lending Self-Managed Super Fund (SMSF) residential and commercial property loans offering competitive rates, 100% offset facility linked to a transactional sub-account, no minimum liquidity or asset testing, and an indicative offer letter that can be issued before SMSF fund setup is complete. Designed for SMSF trustees seeking to borrow for residential or commercial property investment within superannuation. Residential SMSF loans are available up to 90% LVR and commercial SMSF loans up to 80% LVR, with a maximum of $3.5M.
- Non-Resident and Foreign Income Loans Home loans for non-residents and foreign income earners supporting purchase, refinance, and construction in Australia. Accepts income from 30+ countries across Southeast Asia, East Asia, Middle East, Europe, and the Americas and supports multiple currencies, with up to 90% LVR and a maximum of $3M. Powered by Granite's partnership with AAA Financial Corporation, the program accepts foreign-sourced income and provides fee rebates and loyalty bonuses on certain products.
- Professional Products (Lender Paid LMI) Innovative Lender Paid LMI mortgage products for university-educated professionals (medical, legal, accounting, engineering, IT, senior managers) enabling property purchase without upfront LMI, parental support, or genuine savings. Features an equity accelerator repayment method, nil loan application fee, no lender's annual facility fee, valuation at cost, and Lenders Legals at $550 plus disbursements. No minimum income requirements.
- HomePay Construction Loan Build-now-pay-later construction home loan offering no out-of-pocket mortgage repayments for 12 months while the home is being built. Backed by HomePay accredited builders who are independently reviewed for build quality, industry-leading build times, and financial solvency. Available at market competitive rates only through HomePay accredited builders.
- Commercial Easy Refinance Low documentation commercial property refinance package offering lower interest rates, reduced monthly repayments, extended loan terms up to 360 months, unlimited extra repayments, and a 100% offset facility up to $3,500,000. Available up to 80% LVR with cash-out options. Targets commercial property owners and investors seeking to refinance out of restrictive bank loans.
Quantifiable outcome
- Awarded Best SMSF Lender at Australian Wealth Management Awards 2024
Companies that use Granite Home Loans
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Granite Home Loans technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Granite Home Loans partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- AAA Financial Corporation (AAA)coreAAA Financial Corporation powers Granite's Non-Resident and Expat lending program. AAA is described as the market leader in non-resident and foreign income lending, with highly trained non-resident and foreign income sales, credit and support staff. Granite brokers can access all AAA specialty non-resident and foreign income products under their existing Granite accreditation.
- Aggregator Network Partners (AFG, Astute, Mortgage Choice, MAB, LMG, Outsource Financial, Connective, Finsure, Moneyquest, and others)coreGranite has long-lasting relationships within the aggregation and broking industry spanning over 20 years. Members of these aggregator groups are automatically accredited to do business with Granite, enabling wide broker distribution across Australia.
- HomePay Accredited BuilderscoreHomePay construction loans can only be built by HomePay accredited builders who are independently reviewed for build quality, industry-leading build times, and financial solvency. This accreditation framework gives lenders the confidence to offer deferred repayment products.
- Helia Insurance (Lenders Mortgage Insurer)minorHelia Insurance Pty Ltd ACN 106 974 305 is one of the LMIs to which Granite may disclose borrower personal and credit information for the purposes of assessing insurance risk, managing insurance, dealing with claims, and enforcing mortgages.
- QBE Lenders Mortgage Insurance (LMI)minorQBE Lenders Mortgage Insurance Limited ACN 000 511 071 is one of the LMIs to which Granite may disclose borrower information for insurance assessment and risk management purposes.
- Arch Lenders Mortgage IndemnityminorArch Lenders Mortgage Indemnity Limited ACN 074 042 934 is one of the LMIs available to Granite for mortgage insurance and risk assessment purposes.
- Equifax (Credit Reporting Body)minorEquifax Australia Information Services and Solutions Pty Limited is the credit reporting body used by Granite for comprehensive credit reporting under CCR guidelines. Granite provides customer credit information to Equifax including repayment history for the last 24 months.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Granite Home Loans competitors and assessment
Company assessmentDirect peers
- Liberty Financial: Australian non-bank mortgage lender with a broker-distributed model covering residential, investment, and specialty products. Directly comparable to Granite as a competing non-bank lender using the same broker channel with overlapping product niches.
- Resimac: Australian non-bank lender specializing in prime, near-prime, and specialist residential mortgages distributed through brokers. Comparable to Granite on broker-only distribution and a focus on niches underserved by major banks.
- Homestar Finance: ColCap subsidiary and fellow Australian non-bank lender offering broker-distributed residential mortgages. Directly comparable as a sister brand within the same parent group serving the same broker channel with overlapping products.
- Firstmac: Australian non-bank lender with broker-distributed residential and investment loans. Comparable on non-bank origination model and broker channel reliance.
- La Trobe Financial: Australian non-bank lender offering residential, commercial, and SMSF lending through intermediated channels. Comparable to Granite's portfolio balance-sheet model and SMSF/commercial lending specialization.
- Bluestone Mortgage Solutions: Australian non-bank lender providing residential and specialist mortgages predominantly through brokers. Comparable on broker channel focus and specialty underwriting in segments where majors are restrictive.
- Pepper Money: Australian non-bank lender in specialist residential and asset finance, distributed via brokers and aggregators. Directly comparable on broker channel reliance and specialty-segment focus.
Others
- Mortgage Choice: Major Australian mortgage aggregation group that is also a distributor for Granite's products. Comparable as a channel partner and broker aggregator that competes at a different layer of the lending value chain.
- AFG (Australian Finance Group): One of Australia's largest mortgage broker aggregators and a key Granite distribution partner. Comparable as the broker aggregation layer that aggregates demand and routes it to lenders like Granite.
Emerging players
- Athena Home Loans: Australian digital non-bank lender targeting borrower-friendly features (offset, repayment flexibility) in intermediated and select channels. Comparable as a newer non-bank competitor encroaching on the same specialty niches that Granite targets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Granite Home Loans social profiles
Digital presenceGranite Home Loans financial estimates
Financial estimateRevenue estimate
Valuation estimate
Granite Home Loans leadership team
Management profileNumber of profiles
Profiles8 records
Granite Home Loans funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Granite Home Loans M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Granite Home Loans
What does Granite Home Loans do?
Granite Home Loans is an Australian non-bank lender that originates specialized residential, investment, SMSF, non-resident, professional, and commercial mortgages. Its products are distributed exclusively through a nationwide network of 7,000+ accredited mortgage brokers, with a particular focus on niche segments such as SMSF property investors, university-educated professionals (Lender Paid LMI), non-residents with foreign income, and commercial property refinancers. The company is a market leader in SMSF lending and offers features like 100% offset facilities, flexible repayment cycles, and digital application processing.
Is Granite Home Loans a public or private company?
Granite Home Loans is a private company. It is classified as corporate owned and is currently operating.
When was Granite Home Loans founded?
Granite Home Loans was founded in 2018. It employs 11 to 50 people.
Where is Granite Home Loans based?
Granite Home Loans is headquartered in Sydney, Australia, in the Oceania region.
How does Granite Home Loans make money?
One revenue line is on record: mortgage Lending Interest Spread.
Who are Granite Home Loans's main competitors?
Direct peers on record are Liberty Financial, Resimac, Homestar Finance, Firstmac, La Trobe Financial, Bluestone Mortgage Solutions and Pepper Money. Others are Mortgage Choice and AFG (Australian Finance Group). Athena Home Loans is listed as an emerging player.
Does Granite Home Loans have an API?
No public API is recorded for Granite Home Loans.
What industry is Granite Home Loans in?
Granite Home Loans's product category is Non-Bank Mortgage Lending. Its primary akta.pro industry code is FSALADAG, Balance-Sheet / Portfolio CRE Lending, with a secondary code of FSABADAE, Private Banking Lending (Securities-Backed, Real Estate, Structured Credit). Its NAICS code is 522292 and its SIC code is 6162.