LMG and Athena Home Loans launch Apollo: a progressive mortgage solution built for brokers, by brokers

Developed through co-creation workshops involving over 75 brokers nationwide, Apollo is designed to meet the real-world needs of brokers to provide their clients with a seamless and modern experience.

Apollo offers a powerful blend of maximum borrowing power, flexible policies, fairer clawback and a seamless digital experience; arming brokers with a strong competitive edge, and ensuring they remain deeply connected to the client at every interaction. The Apollo range is available exclusively through LMG and Loan Market brokers.

Broker-centric design and innovative features

Apollo redefines mortgage products by keeping brokers at the centre, allowing them to deliver: 

●    Maximum borrowing power: Apollo features LVR tiered pricing, options for no LMI up to 85% LVR, and competitive buffers, giving brokers the tools to maximise their clients' borrowing capacity.

●    Powerful loan features: with tailored solutions for self-employed clients, trust structures, and low deposit options, Apollo offers features like multi-offset accounts, multi-splits, and flexible collateral options.

●    Broker friendly clawback: LMG believes amortised clawback is fairer for brokers, and Apollo offers this with an 18 month amortisation model. Lite doc products with upfront fee paid have no clawback after 6 months.

●    Seamless digital experience: Apollo’s direct integration with MyCRM and Quickli speeds up submissions and approvals, provides real-time updates, and offers client self-service through the Apollo app. Brokers are only a tap away from their client in the app - a quick tap to call, SMS or email the Broker instantly. The insights-rich Broker Portal keeps brokers informed at every step. 

The Apollo suite offers three tailored solutions to meet specific client needs:

●    Apollo Max for clients seeking maximum borrowing power and control, with options like multi-splits, offsets, and collateral flexibility.

●    Apollo Pro designed for self-employed or low doc borrowers needing flexibility, available up to 80% LVR or 85% no LMI.

●    Apollo Plus: ideal for sophisticated investors using company or trust structures, with premium features suited for complex financial needs (launching late November)

Apollo streamlines the approval process through digital integration into MyCRM and Simpology 2.0, simplifying lodgement, and providing fast credit assessments, often within a day. Real-time updates, seamless settlements, and self-service options via the Apollo app deliver powerful efficiencies for brokers, meaning they can focus on client relationships and growing their businesses.

Ewen Stafford, Executive Director & Chief Operating Officer, LMG said “We’re thrilled to bring Apollo to life with Athena. This isn’t just about launching a new product, it’s about empowering brokers with a digital advantage. Apollo was built with brokers’ input every step of the way, so they can deliver even better outcomes for their clients.”

Nathan Walsh, CEO and Co-Founder of Athena Home Loans, added: “Apollo has been architected with brokers at the centre, using digital innovation to deliver exceptional lending experiences - for brokers and their customers. Apollo is a testament to what’s possible when two forward-thinking companies align strategically with a single mission. We are incredibly proud to be partnering with LMG to continue to change home loans for good.” 

Apollo’s launch marks a significant step forward in LMG’s commitment to delivering radically better solutions that keep brokers competitive and clients delighted. For more information on Apollo visit lmglending.com.au.