ISCOVER
Home loan settlements at Resimac grew 14 per cent, and asset finance settlements were up 13 per cent in FY2025.
Resimac Group has posted double-digit growth in home loan and asset finance settlements for the financial year ending 30 June 2025, along with a jump in active brokers submitting loan applications.
Over the financial year ending June 2025, Resimac’s total loan settlements rose 14 per cent to $5.8 billion. Application volumes also increased, up 14 per cent to $9.0 billion.
The vast majority of settlements were for mortgages. The non-bank lender grew home loan settlements 14 per cent year on year to $4.9 billion, while mortgage applications jumped 17 per cent to $7.6 billion.
There was also a 14 per cent increase in active brokers submitting applications versus the prior year.
Home loan assets under management (AUM) increased 4 per cent to $13.4 billion at year end.
Total AUM also rose, up 14 per cent year over year to $15.9 billion.
Westpac auto acquisition bolsters asset finance growth
For its asset finance division, full-year settlements edged up by roughly $100 million to around $900 million.
Asset finance applications were flat at $1.4 billion for the year, while the number of account applications surged 17 per cent higher.
Resimac singled out organic growth for continuing to drive higher asset finance AUM. Organic asset finance settlements grew 13 per cent, and AUM increased 27 per cent to $1.4 billion.
However, when including the Westpac auto portfolio, which Resimac acquired last year and completed in February 2025, the asset finance AUM was $2.5 billion, up 127 per cent over the year.
Resimac outlined that the acquisition had diversified its asset finance portfolio and contributed $4.5 million to operating profits.
Resimac targets mortgage lending
The lender highlighted that since the appointment of Pete Lirantzis as CEO at the end of April, Resimac has reviewed its strategy and found that in FY26, it will prioritise strengthening its core mortgages business by improving service for brokers and customers.
Commenting on the group’s outlook, Lirantzis said: “Since stepping into the CEO position, I’ve been focused on ensuring our strategy reflects both the strength of our core business and the evolving needs of our customers and brokers.
“As we look to FY26, our priorities are clear – we’re investing in the broker and customer experience, leveraging automation, enhancing our core product suite and reinforcing our security and governance foundations.
“These initiatives are designed to sharpen our competitive edge in mortgages, optimise the asset finance portfolio and position the group for long-term, sustainable growth.”
[Related: New Resimac CEO start date confirmed]
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