One, we’re well funded by the might of AirTree Ventures, Apex Capital, AustralianSuper, Hostplus, Macquarie Bank, RESIMAC Group, Rice Warner, Square Peg and Sunsuper.
Herein, does Athena have offset?
We don’t offer an offset account.
Also question is, how long has Athena Bank been around?
account_balanceLender type: Online non-bank lender
One of the newest entries into the home loan fintech arena, Athena launched in February 2019.
How much Lvr do I have?
The LVR formula is calculated by dividing the loan by the property’s value. In this case that’s $480,000/$600,000, which makes the loan to value ratio 80%. For example, if you’re buying an apartment costing $600,000, and you have a deposit of $120,000, you will need a loan for $480,000.
Athena isn’t a bank, so savings accounts, credit cards and bank accounts aren’t currently on the menu. But, if you’re after a home loan, then you’re in luck because that’s Athena’s specialty! Athena offers variable principal and interest loans owner-occupier and investor home loans to new and refinancing customers.
Which digital lenders offer home loans? Here are all the neobank and digital lenders we know have launched or are planning to launch mortgage products in Australia. … Athena’s loans are available to purchasers and refinancers. Athena focuses on home loans only and doesn’t offer other products.
Athena Home Loans – Athena is not a bank and never will be. That means we’re not covered by the government’s financial claims scheme, which guarantees traditional offset accounts up to $250,000 if bank lenders fail.
NAB Ventures has joined a A$70 million Series C funding round for Australian digital home loan platform Athena Home Loans. … Athena was founded in 2017 by former NAB bankers bidding to shake up the Australian mortgage market and take on the nation’s biggest lenders.
UBank are very competitive in interest rates. Have been very happy with them as a lender. They could improve by offering offset accounts to the home loan.
In ancient Greek religion, Athena was a goddess of war, handicraft, and practical reason. Essentially urban and civilized, Athena was probably a pre-Hellenic goddess later taken over by the Greeks.