Non-bank reports one of its strongest application months as brokers channel more niche borrowers its way
Bluestone Home Loans has logged more than $1.2 billion in new home loan applications for February, in what it describes as one of the largest monthly pipelines in its 25‑year history.
The non‑bank lender said the result underlines its position in Australia’s specialist lending sector and follows a year of expansion in products, branding and broker engagement throughout 2025.
The lender, which won the overall gold in MPA’s Brokers on Non-Banks 2025 survey, recently added offerings for investor and expat borrowers, as well as facilities for residential construction and commercial property, alongside a refreshed brand and further investment in credit and technology capability to support turnaround times and consistency in decision‑making.
“This milestone is the result of the incredible work of our Bluestone team,” said Mark Jones, chief executive of Bluestone Home Loans. “It comes down to a clear brand, deeper product capability and a broker experience we’re proud to stand behind.”
More than nine in 10 February applications were from borrowers who fall outside traditional prime criteria, pointing to growing broker use of non‑bank options for self‑employed clients, credit‑impaired customers and other non‑standard segments.
“Brokers are backing lenders that show up with speed, clarity and genuine credit expertise,” said Tony MacRae (pictured top), chief commercial officer at Bluestone Home Loans. “February’s result reflects that shift. It shows brokers placing their trust in partners who listen, move quickly and help them create better outcomes for their customers.”
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