Newpark Home Loans

What Newpark Home Loans does

Newpark Home Loans is a New Zealand mortgage broker aggregator and adviser community founded in 1999, headquartered in Auckland CBD. The company supports a nationwide network of 170+ independent financial advisers and mortgage brokers (targeted at 180+) by providing aggregation services, lender access, compliance and governance support, training, and a peer community. End consumers access home loan broking services through these member advisers at no cost; lenders pay broker commissions on settled loans.

The operating backbone is MyDash, a proprietary platform positioned as the 'operating system for an adviser's business' for managing client journeys, tracking progress, and organising workflow. Around MyDash, Newpark has layered AI-enabled productivity tools (calculators, form filling, diary-note drafting), Newpark Academy for training, a Mortgage Mentoring Program, weekly Credit Corner knowledge updates, and an Adviser Hub/Chat Room for real-time community collaboration. The company offers three membership packages — Independent Broker, Branded Adviser, and FAP Hosted — that segment advisers by desired level of independence, brand association, and hosted Financial Advice Provider compliance support. Distribution to advisers runs through inside-sales discovery calls with the Business Development Manager, complemented by events, roadshows, and an annual conference.

Revenue is generated through two streams: lender commissions/overrides from 40+ premium lender relationships on home loans placed by member advisers, and subscription/membership fees from advisers for access to the aggregation facility, MyDash, compliance framework, and community resources. Consumer-facing pricing is free; adviser membership pricing is not publicly disclosed. The internal team is lean — approximately six people spanning CEO, COO, Head of Lending, Adviser Relationship Manager, Business Development Manager, and Analyst Administrator — supported by a board including the CEO and Head of Lending. Geographic operations are confined to New Zealand (Kerikeri to Invercargill).

Name

Newpark Home Loans

Legal name

Newpark

Website

https://newpark.co.nz

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Newpark Home Loans is a New Zealand mortgage broker aggregator, founded in 1999, that supports a nationwide network of 170+ independent financial advisers with lender access, compliance support, MyDash workflow technology, AI productivity tools, and a peer community. Revenue comes from lender commissions and adviser membership subscriptions; consumer services are free.

Ownership category

akta.pro rank

Product category

Mortgage Broker Aggregation Services

NAICS

Mortgage and Nonmortgage Loan Brokers (522310), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163)

akta.pro primary industry

Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA)

akta.pro secondary industry

Wholesale Mortgage Lending (Broker Channel) (FSALACAA)

Keywords

• Mortgage broker aggregation
• Home loan broking
• Financial adviser support
• Lender panel access
• Adviser community platform

Headquarters

HQ city

Takapuna

HQ country

New Zealand

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Lender commissions: Mortgage broker commissions paid by 40+ premium lenders when Newpark-supported advisers place home loans. End consumers receive the service free - 'Lenders pay us, never you.' Aggregation facility enables advisers to retain 100% of their commissions with no hidden overrides.
2. Adviser membership / aggregation fees: Newpark operates three membership packages (Independent Broker, Branded Adviser, FAP Hosted) under which advisers pay for access to the aggregation facility, MyDash platform, compliance framework, Newpark Academy training, and community resources.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Newpark Home Loans operates a mortgage broker aggregation platform that supports 170+ independent financial advisers and mortgage brokers across New Zealand with access to 40+ premium lenders, compliance and governance frameworks, the proprietary MyDash operating system, AI-enabled productivity tools, and the Newpark Academy training and mentoring program. The consumer-facing home loan broking service is delivered indirectly through the adviser network and is free to end consumers, with lenders paying Newpark via commissions.

Product overview

Newpark operates as a single overarching adviser community and mortgage broker aggregator platform, rather than a suite of siloed products. At its core is MyDash, the operating system that advisers use to manage client journeys, track progress, and organise their business. Around this core platform sit several supporting modules and packages: the Newpark Academy for training, the Mortgage Mentoring Program and weekly Credit Corner sessions for ongoing professional development, an Adviser Hub/Chat Room for community collaboration, and three business-structure membership packages (Independent Broker, Branded Adviser, and FAP Hosted). Together these modules enable advisers to access 40+ premium lenders, retain 100% of their commissions, and run their home loan broking practice under the Newpark umbrella.

Differentiator

Problem solved

Functional benefit

Brands

• MyDash: Newpark's operating system/platform that helps advisers manage client journeys, track progress, and stay organised.
• Newpark Academy

Products and services

• MyDash Proprietary adviser operating system that helps Newpark member advisers manage client journeys, track progress, and organise their business workflow. Sold as part of adviser membership to independent financial advisers and mortgage brokers.
• Newpark Academy Training and professional development program for member advisers, including role-plays, real client scenarios, simple frameworks, Mortgage Mentoring Program, and weekly Credit Corner sessions covering lender updates and best practice. Sold to independent financial advisers and mortgage brokers.
• Independent Broker Package Adviser membership structure under Newpark's aggregation model, providing full access to the aggregation facility, MyDash platform, compliance framework, training, and community while advisers retain 100% of their commissions.
• Branded Adviser Package Newpark membership structure for advisers who want their own brand identity combined with the support, tools, and community of the Newpark platform.
• FAP Hosted Package Newpark membership structure that hosts advisers under a Financial Advice Provider (FAP) arrangement, offering the highest level of compliance, governance, and operational support within the aggregation model.
• Newpark Mortgage Broking Network (Home Loan Broking Service) End-to-end home loan broking service for New Zealand consumers, delivered through 170+ member advisers nationwide, providing access to 40+ premium lenders, exclusive rates, paperwork handling, and ongoing post-settlement support. Free to consumers, with lenders paying Newpark.

Quantifiable outcome

• Saves customers 20 hours per home loan application
• +3 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Two partnerships are on record, tiered standard.

• Financial Services Complaints Limited (FSCL)standardOthersFSCL is Newpark's independent external dispute resolution provider. If a complainant is not satisfied after Newpark's internal process, the complaint can be escalated to FSCL (Level 4, 101 Lambton Quay, Wellington 6011, 0800 347 257, [email protected]) within 3 months of the decision letter.
• Financial Markets Authority (FMA)standardOthersNew Zealand's financial markets regulator. Newpark acknowledges that complainants also have the right to address complaints to the FMA (Level 2, 1 Grey Street, PO Box 1179, Wellington 6140, 04 472 9830).

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Loan Market (New Zealand): One of the largest mortgage broker aggregators in New Zealand and Australia, with a lender-panel-plus-adviser model that directly overlaps Newpark's aggregation/community offering. Notably, Newpark's Head of Lending previously spent multiple years as Loan Market's top international adviser, making it a direct comparator on business model and customer base.
• FAST (Finance & Systems Technology): Australian mortgage broker aggregator supplying lenders, technology, compliance, and aggregation services to member brokers. Same core proposition as Newpark (panel access + back-office + community) at greater scale across Australia.
• Squirrel Mortgages: NZ-based mortgage broker with a large adviser panel and panel-lender relationships, competing for the same adviser and borrower segments as Newpark. Comparable in being a consumer-facing NZ home-loan brand built around a network of advisers and a tech stack.
• Astute Financial Management: NZ adviser aggregator offering a multi-adviser model with lender aggregation, compliance support, and community resources. Closely mirrors Newpark's three-package (Independent Broker / Branded Adviser / FAP Hosted) membership construct and target adviser persona.
• Connective: Australia's largest mortgage and finance aggregator, providing aggregation services, technology, compliance, and lender panel access to a large adviser network. Highly comparable in business model (adviser membership + lender aggregation), although operating at larger scale across the Tasman.

Emerging players

• Tella: NZ mortgage brokerage that is simultaneously a member of the Newpark aggregator network (winner NZMA New Brokerage of the Year 2024) and uses the @tella.co.nz domain for Newpark's CEO and COO. A directly comparable emerging NZ broker brand with overlapping leadership ties to Newpark.

Broad incumbents

• Mortgage Choice: Long-established ANZ mortgage broker franchise/aggregator (owned by REA Group) offering lender aggregation, adviser support, and consumer marketing. Overlaps Newpark's value chain but operates at a much larger, more national scale with deeper consumer brand spend.
• Heartland Group Holdings: NZ-listed specialist bank offering reverse mortgages, business, livestock and rural lending, with growing broker-channel distribution. Adjacent rather than head-to-head, but competes for parts of the same NZ adviser distribution and home-loan demand.
• Aussie Home Loans: CBA-owned ANZ home-loan broker with retail stores and a large adviser network. Competes for the same consumer home-loan flow as Newpark-supported advisers but does so at national scale and with bank balance-sheet backing.
• Kiwibank: NZ state-owned bank competing in the same home-loan market as Newpark-supported advisers. Indirect competitor at the lender-panel level — Newpark routes adviser-originated loans to a panel that includes large NZ banks like Kiwibank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/newpark-financial-services

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Newpark Home Loans