The non-bank lender has expanded its product range with the launch of three new loan offerings to its broker network.
MA Money has unveiled a range of new products for its broker network with the launch of commercial, self-managed super fund (SMSF) commercial, and bridging loans.
The non-bank lender confirmed that no clawbacks apply to any of the new products, which are now available to brokers.
Brokers can now write commercial loans of up to $8 million for full doc and $6 million for alt doc (prime) with a loan-to-value ratio (LVR) of up to 65 per cent.
Commercial rates start from 7.24 per cent for prime full doc (up to 65 per cent LVR), with rate loading applied for loans above $4 million.
MA Money also indicated that LVRs of up to 80 per cent would be available for retail shops, offices, light industrial buildings, and warehouses, with options including cash out to max LVR, offset accounts, and terms of up to 30 years.
Brokers can also access SMSF commercial loans of up to $2 million at up to 80 per cent LVR, with no liquidity or net asset testing and future contributions considered.
Rates start from 6.84 per cent for full doc loans up to 65 per cent LVR.
Meanwhile, the non-bank has also confirmed it is providing residential bridging loans of up to $5 million and 80 per cent LVR (peak debt), with 6-12 month terms, end-debt flexibility, and capitalised interest available.
Bridging rates start at 7.49 per cent for prime full doc and alt doc up to 65 per cent LVR.
Tim Lemon, MA Money’s national sales manager, said the new products had been carefully tested with the non-bank lender’s broker partners.
“We’ve been working with a pilot group of brokers over the past few months to make sure we had the right process and service in place,” he said.
“The feedback has been excellent, and now we’re excited to roll these products out to the full broker network. Our goal is to give brokers more flexibility and speed, backed by the service they expect from MA Money.”
Meanwhile, Craig Stuart, MA Money’s new head of commercial, said the lender had endeavoured to provide commercial brokers with practical options.
“Commercial lending is an area where brokers are looking for simple, reliable solutions, and that’s exactly what we’ve built,” he said.
“With loans up to $8 million, flexible terms and no clawbacks, our commercial products give brokers a straightforward path to meeting their clients’ needs.
“We’ve taken the same service-first approach MA Money is known for in residential and applied it to commercial, so brokers can expect quick decisions and policies that make sense.”
Commercially minded
The new product launch comes as the non-bank mortgage lender continues to grow.
According to MA Money, part of MA Financial Group, it doubled its loan book in just nine months, surpassing $4 billion in loans under management after reaching the $2 billion milestone in December 2024.
Chris Wyke, the joint CEO of MA Financial, said the milestone underscores MA Money’s growing momentum and commitment to the broker channel.
“Reaching $4 billion in loans under management in such a short time is a testament to our strong partnerships with brokers and the disciplined way we’ve scaled the business,” he said.
“We’ve kept our promise to keep things simple for brokers, deliver fast and consistent credit decisions, and invest in the tools and people that make their experience better. With our upcoming entry into commercial lending, we’re confident we can continue to support brokers to diversify and grow their businesses with us.”
Wyke added that the lender has continued to invest in technology and people to make the lending process simpler, faster, and more reliable for brokers.
“This includes the implementation of loan origination platform Cinch, designed to streamline credit assessment and loan processing, while continuing to uphold our 48-hour service level agreement (SLA) to conditional approval,” he said.
“Broker feedback has also led to the introduction of ApplyOnline, providing broker access to the submission system they know and trust.”
[Related: MA Money welcomes new head of commercial]
