Overview

flagFounded: 1946

businessOwned by: Crucis Pty. Ltd.

monetization_onFunded by: National Australia Bank & Challenger (Advantedge)

securityLMI provider: None at the moment (loans are not provided above 80% loan to value ratio (LVR))

account_balanceLender type: Non-bank, Specialist lender

Victoria Mortgage Group specializes in near-prime residential mortgages and hence provides loans to borrowers who might not meet traditional lending requirements of major lenders.

VMG is a family-owned and managed business. Thus far, it has financed over 30,000 home loans.

Being a non-bank specialist lender, VMG focuses on near-prime residential mortgages and has a flexible lending policy. VMG is also well known for its excellent customer service.


How do Victorian Mortgage Group’s home loans compare?

Pros

Cons


What home loan types do VMG have?

VMG has been giving a second chance to customers who are knocked back by major-lenders due to their rigorous credit standards and policies.

The loans that they provide are designed to work well with a flexible credit policy.

The two main types of loans that it provides are debt consolidation loans and small business loans. Asides the two, it also provides a wide range of loans, including but not limited to:

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