BEST DEBT FINANCE DEAL: Columbus Capital’s Vermillion 2019-1 RMBS, A$250 million - Click here for more details.
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HISTORY

Set up in October 2006, the business has gone through a significant period of change. From its humble beginnings, the business now has in excess of 24,000 customers and a diverse offering of products.

Our History

Dating back to 2006, Columbus Capital is one of the leading Australian owned Non-Bank Lenders in the Australian market. Specialising in prime home loans, the business has in excess of $4 billion in assets under management and provides products which include residential mortgages, personal loans and third party administration. Via securitisation, the business has issued in excess of $4.7 billion in highly rated mortgages backed securities (RMBS) by Standard and Poor’s and Fitch Ratings Agency over its life to date and has in excess of $2.2 billion in funding lines provided by major domestic and offshore banks. Today, the business employs over 100 staff located in Sydney, Melbourne and the Philippines.

Via its third party business Origin Mortgage Management Services (Origin MMS), Columbus Capital provides third party clients (i.e. Mortgage Managers) with white label loan products which are state of the art and customised to the clients’ evolving needs. Origin MMS is the oldest Non-Bank brand in the Australian market and Columbus Capital acquired Origin MMS from ANZ bank in 2012 for $2.3 billion. The business specialises in providing Finance solutions to Mortgage Managers with their branding attached to the products. As part of the white label arrangement, Origin MMS provides Mortgage Managers with back office loan processing support and underwriting. Product offering ranges from standard owner occupier and investment home loans to highly customised products for niche segment of the market. Origin MMS currently supports in excess of 98 Mortgage Managers.

In 2018, Columbus Capital purchased Homestar Finance, the longest standing online lender in the Australian market established in 2004. Homestar provides home loan products to customers via its online channel or over the phone. Homestar has a dedicated team of Loan Specialists and Sales Support personnel, who provide assistance to customers throughout the loan application journey from first enquiry through to settlement. Product offering is primarily a standard home loan for owner occupied and investors. Homestar currently has in excess of $400 million in assets under management.

Company Timeline


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