‘We really believe we can back Australians because they’re globally uniquely good at repaying mortgages.”
In the latest episode of MPA Pod, Skip co-founder Mario Emmanuel (pictured) shows us under the hood of this rapidly ascending alternative lender.
Some may still know Skip by its former name Sucasa – the purveyor of low-deposit loans that is enjoying rapid volume growth.
Like all good startups, Skip was founded on personal experiences.
Emmanuel’s own struggles with tapping into the Australian housing market made him want to help others facing similar challenges. It led him and fellow co-founders Adam Trouncer and Marian Emmanuel to have a go at shaking up the alternative lending scene with Skip's 98% LVR lending products.
“We think that if you’re an Australian with a great income, typically renting and saving, then you should be able to pay a mortgage,” says Emmanuel.
It is only early stages for Skip, so does it have what it takes to win a spot in Australia’s cutthroat mortgage finance market? And what was the logic behind that big rebrand?
Listen now to find out for yourself:
