Formed in 1972, the Stargate Group is one of the most respected names in the Australian mortgage and financial services industry. Having first pioneered the non-bank wholesale lending market, the Stargate Group later helped change the Australian mortgage landscape forever by creating the first residential mortgage-backed securities in 1977, co-founding the Mortgage and Finance Association of Australia in 1980, and establishing one of the nation’s largest non-bank lenders, Interstar, in 1991. The Stargate Group has evolved into the premier mortgage services support enterprise in the nation. Aiming to provide excellence in mortgage support services, Stargate now offers leading edge technology and mortgage solutions as well as expertise in consulting services.

With over 35 years of financial services industry experience, Stargate has worked with major lenders, mortgage insurers, rating agencies, credit reporting bureaus, thousands of mortgage originators and brokers, settlement service providers and third party IT vendors. Systems and services provided by Stargate have been responsible for the processing of over $200 Billion dollars worth of loans. Stargate’s success can be attributed to an ongoing commitment to delight its large customer network through continual innovation and quality profit-maximising solutions.

Extensive Industry Knowledge and Experience

Stargate’s IT foundations lay in the development of enterprise systems for Interstar Securities Australia Pty Ltd (now called AdvantEgde and part of National Australia Bank), one of Australia’s largest, non-bank specialist home loan lenders.

In 1998, Stargate expanded its product and customer base by developing technologies focused on process automation and “self-service”. Its first web products were Extranets, connecting lenders with large disparate origination networks. Next followed “self-service” web portals and telephone banking interfaces enabling borrowers to manage their loan accounts and obtain free online loan statements. These products were industry firsts for the non-bank lending market and were followed up by a string of successful Stargate initiatives including our current marquee products WorldOriginate™ and Symmetry CRM™.

Strategic Direction

The Stargate Group has strategically partnered with major industry participants to foster an environment of innovation and growth. As part of this strategic direction, we have spent considerable time building and fostering a deep partnership with Microsoft in Australia and around the globe. Key partners within the Australian Mortgage industry include Credit Reporting bureaus, Mortgage Insurers, Bank and Non-Bank Lenders, Settlement Service providers, Mortgage Brokers, Aggregators and Valuers.

The Technology Services division (established in 1998 as Stargate Technologies Pty Ltd) was one of the first to build IT and software systems specifically and exclusively for the Australian mortgage markets. Technology Services specialises in providing automated loan underwriting systems (WorldOriginate™), loan origination software (Symmetry™), valuation management software (SmartVAL™), and online mortgage industry information services (Lending Central™).

The Portfolio Services division (established in 2001 as the LoanPACK™ division of Stargate Financial Services Pty Ltd) provides outsourced loan application processing, post-settlement loan portfolio servicing, back-up servicing and customised programs for brokers, mortgage managers, originators and lenders throughout Australia. By providing expert staff and specialised processing infrastructure, Stargate delivers significant time and cost savings in mortgage administration. Stargate Financial Services Pty Ltd has been assigned an “Above Average” Residential Loan (Application Processing) Servicer – Australia ranking by Standard and Poor's.

The Stargate Corporation Group has long supported the mortgage industry at large, sponsoring many prominent industry events and actively working with professional bodies such as the MFAA, FBAA and LIXI to contribute to the growth of the industry for all participants.