Source Funding
Source Funding’s goal is to build and maintain long-term relationships with its customers, this will be achieved via 3 key elements – Speed, Tech and Partnerships. The business is planned to grow at a measured pace so as to ensure stability and quality is maintained at all times whilst ensuring that its funding requirements are matched with its lending operations. Addressing the mismatch between credit quality and risk whilst focusing on simplicity and customer convenience.
Source Funding has been established to wholesale fund by way of securitised residential mortgages. As a non-bank lender funded loans will be distributed through the broker-assisted market as well as the direct-to-customer loan market.