Rate Money, Australia’s home for the self-employed, is excited to announce its expansion into the $156 billion Queensland home loan market with the opening of three branches in Aspley, Fortitude Valley, and Logan. This marks Rate Money's entry into the Sunshine State.
Rate Money CEO Ryan Gair said, "Our entry into Queensland is a significant milestone for Rate Money, and we're incredibly proud to welcome Julie, Nicole, Sida, and their teams to the Rate Money crew. These franchisees bring decades of experience in the lending industry and a deep understanding of the needs of self-employed borrowers. They are seasoned professionals who have successfully run their businesses, and their expertise will be invaluable as we continue to grow in this vibrant market. We’re proud to be evolving the lending landscape. Our latest product offerings, including our one-year tax return product and Elevate easy doc construction product, demonstrate our commitment to providing flexible and accessible lending solutions to meet the needs of the hardworking 300,000 strong self-employed Queensland workforce.”
Rate Money’s expansion into Queensland comes when the state is experiencing a surge in construction, particularly in the sub $1.5 million segment, a key area of focus for the new branches.
“Our no clawback and no risk fees policies will be crucial in providing certainty for our Queensland self-employed heroes and our award-setting standards for customer service.” Mr Gair said.
All three branches are now open and ready for business, with Rate Money poised to impact Queensland significantly.
“We recently achieved a significant milestone in our growth journey, with $8 billion in loans written since inception in 2019, with $4.5 billion achieved in just the past 24 months. But this is just the beginning. We will continue to evolve and are committed to offering more innovative products and services that meet the unique needs of our customers," added Mr Gair.
Media Enquiries
Rachel Edwards
0497 850 038
Rachel.Edwards@ratemoney.com.au
As an award-winning home loan provider specialising in self-employed lending, Rate Money has achieved remarkable success with a widespread presence spanning 38 franchises nationwide.
Settlement over $8 billion in settlements in just under five years, Rate Money stands out for its market-leading product innovations, particularly eliminating clawbacks, application fees, valuation fees, and risk fees for self-employed Alt doc customers. This bold move underscores Rate Money's unwavering commitment to addressing the unique needs of this often-overlooked demographic.
Driven by a vision of continuous improvement, Rate Money remains dedicated to enhancing the customer experience by streamlining processes and delivering tailored solutions that cater to the specific requirements of self-employed individuals.
Rate Money has earned a reputation as a trusted industry partner through its innovative approach and relentless dedication to customer satisfaction. As it continues to expand its reach and influence, Rate Money remains firmly committed to providing cutting-edge solutions that empower self-employed individuals on their financial journey. With a firm focus on innovation, Rate Money is poised to remain a leader in the financial services landscape for years.
Australian Bureau of Statistics, 8165.0 Counts of Australian Businesses, including Entries and Exits July 2019 to June 2023, released 18 December 2023. Accessed on 20 August 2024