Rate Money enters $156bn home loan market

Rate Money, a home loan provider for the self-employed, has officially expanded into Queensland, launching three new branches in Aspley, Fortitude Valley, and Logan.

This move marks the lender’s entry into the $156 billion Queensland home loan market.

Bringing lending expertise to self-employed Queenslanders

Rate Money CEO Ryan Gair (pictured above) expressed excitement over the expansion.

“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,” Gair said. “Their expertise will be invaluable as we continue to grow in this vibrant market.”

See LinkedIn post here.

Catering to a booming construction sector

The expansion comes as Queensland experiences a surge in construction, particularly in the sub-$1.5 million segment.

“Our no-clawback and no-risk-fees policies will be crucial in providing certainty for our Queensland self-employed heroes,” Gair said.

$8bn in loans and growing

Since its inception in 2019, Rate Money has written more than $8bn in loans, with $4.5bn achieved in the past 24 months.

“This is just the beginning. We will continue to evolve and offer more innovative products to meet the unique needs of our customers,” Gair said.

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