Office address: Lvl 12, 77 Castlereagh Street, Sydney NSW 2000
Website: homestarfinance.com.au
Year established: 2004
Company type: financial services
Employees: 35+
Expertise: home loans, refinancing, investment property loans, SMSF loans, NDIS loans, first home buyer loans, construction loans, online lending, customer service, flexible loan features
Parent company: Columbus Capital (ColCap Financial Group)
Key people: Andrew Chepul and Ilias Pavlopoulos (owners), Ash Prasad (settlements team leader), Nina Danstak (marketing coordinator), Germain Molina (lending manager), Marlene Jagoda (sales team leader)
Financing status: corporate-backed or acquired
Homestar Finance is a non-bank lender in Sydney that provides low-rate home loans nationwide. The company offers savings by not operating a branch network and serves both first home buyers and investors. Customers receive support from a dedicated team throughout the loan process and after settlement.
Homestar Finance began in 2004 with a goal to offer Australian property buyers and investors a different choice. Many lenders treated customers as numbers and offered rigid products with changing rates. It wanted to change this by focusing on flexible loans, steady rates and personal service.
Community involvement is important to them. Since 2017, the company has partnered with Sydney Thunder and became a Principal Partner in 2021. The company also works with the Cricket NSW Foundation, helping local cricket clubs by donating cricket balls and easing costs for community sport. This support reflects their belief in the positive impact of sport across Australia.
In 2018, Homestar Finance became part of ColCap Financial Group, a leading non-bank lender. This move gave the firm more strength and resources to serve customers. The company continues to focus on fair deals and customer support for all homeowners and investors.
Homestar Finance also looks for ways to improve its products. In 2025, the company introduced more flexible options for fixed rate home loans, including changes to break cost fees. This helps borrowers who want to switch or repay their fixed loans early, making the process easier and more affordable.
Choosing the right home loan is an important step for any property buyer or investor. Homestar Finance offers a range of options with features to suit different needs:
refinance home loans: allows homeowners to switch their loan to Homestar Finance for competitive rates, offset accounts and redraw facilities
investment property loans: loans for buying or refinancing investment properties, with features to help manage rental income
Homestar Finance also provides calculators to estimate repayments, compare loans and check borrowing power. Guides and resources are available for first home buyers and refinancers to help them make the most of their loan.
Homestar Finance builds a team of passionate, people-loving staff who focus on delivering top customer service. The company hand-picks individuals who care about customer needs. Their culture is friendly, supportive and centred on customer experience.
Homestar Finance also believes sport can spark positive change and support local communities. The company backs youth and athletic programs to help Australians reach their goals. Their commitment to community shines through these sponsorships:
Homestar Finance’s partnerships promote teamwork, fairness and inclusion in cricket nationwide. The company supports both men’s and women’s teams to help grow the sport and strengthen local clubs. Their backing enriches communities and encourages participation at every level.
Andrew Chepul is an owner of Homestar Finance and also serves as CEO and co-founder of ColCap Financial Group. Before this, he managed the corporate trust division in the trustee industry for seven years. He has over 26 years of experience in structured finance, mortgages and funds management.
Ilias Pavlopoulos is also an owner of Homestar Finance and is the COO and co-founder of ColCap Financial Group. He was previously in charge of business strategy and product development for consumer finance at Commonwealth Bank. Ilias has more than 28 years’ experience across public and private sectors, with a focus on credit cards and new products.
Here are some of the key people who help drive Homestar Finance’s success in Australia:
Homestar Finance’s leadership team draws on deep industry experience and diverse backgrounds. As part of ColCap Financial Group, the company is focused on delivering fair deals and strong support for customers.
Homestar Finance continues to improve its loan products to meet changing customer needs. The company has introduced a break cost fee waiver for new 4-year and 5-year fixed rate home loans approved after 2 June 2025. Borrowers who keep their fixed loan for at least three years will have already been able to switch to a variable rate without paying a break cost fee.
They can also refinance to another lender after three years with no break cost. This change gives Homestar Finance clients more flexibility and certainty, allowing them to adapt their loan as their needs change over time.
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