Aggregator partners with ColCap to launch refinance product for brokers and clients
LMG has introduced Zeus by LMG, a new addition to its lending portfolio, created in collaboration with ColCap Financial Group.
The launch marks the arrival of Zeus Bolt, a refinance product aimed at delivering efficiency and flexibility for mortgage brokers and their clients. The initiative is part of LMG’s broader approach to expand broker options, improve pricing, and streamline the lending process.
According to Ewen Stafford (pictured top left), executive director and chief executive of LMG, the development of Zeus was driven by direct input from brokers. “Brokers told us they wanted a product with faster turnarounds, sharper pricing and features that clients expect in 2025, so we created Zeus,” he said.
“Through our strategic partnership with ColCap, one of Australia’s largest non-bank lenders, we’re combining their scale and securitisation strength with Australia’s largest broker network. We’ve created a line-up that puts brokers ahead and helps clients get better deals. Zeus Bolt is just the first strike and includes a streamlined refinance and rapid refi solution.”
ColCap’s co-founder and chief executive, Andrew Chepul (pictured top right), highlighted the significance of the partnership for his organisation. “With 20 years of growth and a portfolio over $19 billion of prime mortgages, ColCap has always focused on delivering innovative lending solutions at scale,” he said.
“Further enhancing our current partnership with LMG, the Zeus brand allows us to pair our securitisation strength with an industry leading broker network. Together, Zeus delivers a product that is fast, flexible, and fully featured, which is exactly what clients and brokers are looking for in today’s market. We’re proud to bring it to life alongside LMG.”
Zeus Bolt is the first product released under the Zeus brand, with a focus on streamlining the refinancing process for brokers and their clients. The product includes a rapid refinance feature, allowing certain loans to settle in as little as 48 to 72 hours. It offers market-competitive rates and a broad set of features, such as multiple offset accounts, unlimited redraws, additional repayments, interest-only options, cash out, salary crediting, Visa debit card access, and a customer app.
The product is available to a wide range of borrowers, including PAYG employees, self-employed individuals, companies, trusts, expats, Australian citizens, permanent residents, temporary visa holders, and those purchasing small apartments. It can be accessed by both owner-occupiers and investors and is available for loans up to 80% loan-to-value ratio, with loan sizes between $50,000 and $3.5 million, or up to $1.5 million for rapid refinance applications.
A fully assessed Zeus product is expected to be released later in the year, complementing other offerings from Apollo by LMG, launched last year, and the broader LMG lending range.
“Zeus is about putting brokers in control with products that are faster, sharper, and built around what clients need now,” Stafford said.
Zeus Bolt is available to LMG and Loan Market brokers from today.
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