It has partnered with a digital lender to develop the broker-exclusive product suite
LMG, Australia’s largest mortgage aggregator, has introduced Apollo, a new home loan product suite developed in collaboration with its broker network and digital lender Athena Home Loans.
Apollo was crafted through a series of workshops involving more than 75 brokers across Australia, with the goal of addressing brokers’ real-world needs and enhancing the client experience. The suite offers a range of features designed to maximise borrowing power, streamline processes, and provide a digital-first interface that keeps brokers connected to their clients.
Key features include flexible loan policies, fairer clawback terms, and seamless digital integration. The product is available exclusively to LMG and Loan Market brokers, allowing them to offer increased borrowing capacity with LVR-based pricing tiers, no Lenders Mortgage Insurance (LMI) options up to 85% LVR, and competitive buffer settings that help maximise clients’ borrowing power.
The Apollo suite includes three options to meet different client needs. Apollo Max is aimed at clients seeking maximum borrowing power, with options like multi-splits, offsets, and collateral flexibility. Apollo Pro is tailored for self-employed or low-doc borrowers, available up to 80% LVR or 85% with no LMI. Apollo Plus, which launches in late November, is designed for investors using company or trust structures and includes advanced features for complex financial needs.
The product suite also provides tailored products for self-employed clients, borrowers using trust structures, and those with low deposits. Loan features include multi-offset accounts, multi-splits, and flexible collateral options. Apollo’s clawback policy also uses an 18-month amortisation model, which LMG believes is fairer for brokers, with no clawback after six months for Lite doc products if an upfront fee is paid.
LMG said Apollo is designed to simplify loan processes through direct integration with MyCRM and Quickli, which speeds up submissions and approvals while providing real-time updates. The application process is streamlined, enabling faster credit assessments — often within a day. Real-time updates, efficient settlements, and self-service options are also available to brokers through the Apollo app.
“We’re thrilled to bring Apollo to life with Athena,” said Ewen Stafford, executive director and chief operating officer of LMG. “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.”
“Apollo has been architected with brokers at the centre, using digital innovation to deliver exceptional lending experiences – for brokers and their customers,” stated Nathan Walsh (pictured above centre), chief executive and co-founder of Athena Home Loans. “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.”
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