Apollo by LMG adds home lending solutions for non-trading companies and trusts to the suite

| Dec 11 - 2 min read

Apollo Plus, the latest addition to the Apollo by LMG range, is now available to its brokers, offering innovative and competitive home lending solutions for non-trading companies and trusts (including unit and discretionary trusts).

Building on the success of Apollo Max and Apollo Pro, launched last month (November), Apollo Plus cements the Apollo by LMG suite as a game-changer in the market. 

Developed with input from more than 75 LMG and Loan Market brokers across the nation, the product range continues to deliver solutions designed by brokers, for brokers.

Settlement milestones have also been reached in under a month, with Loan Market broker Mark De Martino recording the most settlements booked.

De Martino said Apollo shines from both a service and a servicing perspective, stating “they have a ‘can do’ approach to many situations that many other lenders refuse to get their heads around.

“They stand apart in the smart way they view living expenses - allowing many to remain within HEMS. They also have a lower assessment rate than most banks, making servicing easier on two fronts. 

“In addition, they can do interest-only owner occupier loans at very competitive rates and this is all within policy.”

Calling the customer and broker experience ‘lightning fast’, De Martino also applauds the “completely straight-through electronic process” and the Apollo Customer App. 

“The Apollo Customers App is a game-changer for my clients. It puts them in control with simple self-service features like managing repayments, setting up offset accounts, and accessing transaction details - all from their phone,” he said.

“What really stands out, though, is how it keeps me connected with my clients. The Broker Contact Card lets them reach out to me with a single click or refer me to a friend just as easily. It’s a powerful way to keep brokers front and centre while offering a great customer experience.

“I’m looking forward to working with my clients and looking at the lending solution Apollo Plus offers.”

Ewen Stafford, LMG Executive Director and Chief Operating Officer, said the strong broker uptake of Apollo products highlights the value they bring to brokers and their clients.

“The success of Apollo shows what happens when you invest in creating solutions that solve real challenges. Brokers aren’t just trying Apollo - they’re coming back with repeat lodgements because the products and digital platform deliver exactly what they need, every time.

“Having our brokers involved in co-designing the Apollo range was a turning point. They helped shape not just the product features but the entire service experience, making sure the process is seamless, intuitive, and built around what brokers and clients care about most.

“Apollo Plus builds on that investment, offering smart, flexible solutions that allow brokers to do more for their clients, which is helping them secure better outcomes and growing their businesses with confidence.”

Apollo Plus is designed for investment property refinance and purchase, complex and specific borrowing structures, high density property owners and holders of development stock for investment purposes.It 

Apollo Plus is a fully featured lending solution that offers:

●     Simplified process to workshop trust structures
●     Full and Lite doc income verification 
●     80-85% LVR with no LMI (Full Doc only)
●     Five LVR-based pricing tiers and discretion to win good deals
●     Pathways to <80% LVR or Full Doc so clients can start sooner and stay longer

Apollo Plus is part of the Apollo by LMG range, exclusively available through LMG and Loan Market brokers. Apollo by LMG is a significant step forward in LMG’s commitment to delivering radically better solutions that keep brokers competitive and clients delighted.

The range has been architected on broker centric design and innovative features including broker friendly clawback, seamless digital experience, maximum borrowing power, and feature rich products with multi-offsets and splits. Apollo by LMG is a strategic partnership between LMG and home loans disruptor, Athena.

For more information on Apollo visit lmglending.com.au.

 

| Dec 11 - 2 min read