About Us
How Safe Is Advantedge?
Advantedge Mortgages is Australia's "number one" prime residential, white label, wholesale lender with a current portfolio of approximately 90,000 prime residential mortgages amounting to in excess of $15.3 billion in loans under management. Advantedge Mortgages is a member of the Advantedge Financial Services Group, an Australian Stock Exchange listed financial services company that forms part of the ASX 100 index.
Advantedge has been originating, managing, and servicing prime residential mortgages and securitising portfolios backed by those assets since 1992, and more recently launched a non-conforming lending brand, Advantedge Non-Conforming. In that time it has issued Residential Mortgage Backed Securities (RMBS) amounting to in excess of $20 billion into the Australian, US and European capital markets, with approximately $12.75 billion of notes currently outstanding.
It has been Advantedge's ability to grow its portfolio without materially changing its lending criteria that has set it apart from its competitors in the Australian wholesale lending market. Efficient processing platforms and the highest levels of customer service has cemented Advantedge as a market leader.
Advantedge originates its loans via an extensive and diverse panel of independent Mortgage Managers who are responsible for sourcing borrowers who meet the Advantedge lending criteria, collating a credit pack for submission to Advantedge and post settlement servicing of borrower queries. Advantedge is ultimately responsible for all underwriting decisions and post settlement servicing of loans in the Trusts under its management.
The quality of Advantedge's people, processes and systems is best demonstrated by the "Strong" servicer rating awarded to it from Standard and Poor's, the highest rating attainable. Advantedge has always prided itself as being an innovator and providing a superior level of customer service.
In 2001 Advantedge was awarded Securitisation Deal of the Year for its Advantedge Millennium Series 2001-2 transaction and has always been at the leading edge transaction structuring. A recent example of this being the Advantedge Millennium Series 2004-4E which was not only the largest non bank securitisation by an Australian Issuer but the first to issue prime RMBS into the Sterling currency.