In a joint research effort with CoreLogic, Nano revealed other lenders' customers are losing out on property because the approval process is too long.
AMP Bank will utilise fintech Nano’s lending platform to deliver a digital mortgage for retail customers later this year.
Now that the RBA has finally pulled the trigger and raised the cash rate, many homeowners will rush to refinance according to some experts.
Home loan approval times have been a topic of contention as big banks struggle to process the pipeline of new lending and refinances.
Savings.com.au spoke with Andrew Walker, CEO of Nano Home Loans - a digital lender looking to shake up the Australian mortgage market.
Nano Home Loans was born of the idea mortgages could be done faster, simpler, and better.