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Common Ground News

Who underwrites Athena home loans?

Author

Matthew Cannon

Updated on February 25, 2026

Who underwrites Athena home loans?

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. Two, we're led by a trusted leadership team who all have a track record of delivering successful and innovative customer solutions.

Beside this, who owns Athena home loans?

Nathan Walsh, co-founder and CEO of Athena, said the success of the funding round proves the support of the investors to revolutionise the $1.7tn home loan market.

Similarly, is Athena owned by NAB? At NAB, Nathan founded Nabtrade and built it from an idea into a $40 billion platform over 7 years, winning multiple innovation awards along the way. Michael Starkey, Athena's Co-founder and COO, has an entrepreneurial background, having been the co-founder of iSelect in AU.

One may also ask, is Athena covered by government guarantee?

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.

When did Athena home loans start?

June 2017

How is Athena funded?

Athena, which launched in February 2019, is being funded by three domestic banks and one international bank, via a total of $2 billion in warehouse facilities. "This is a sale to a mutual but buyers could expand, to include insurance companies or super funds.

Does Athena have fixed rates?

$0 fees and easy application. Choose between weekly, fortnightly or monthly repayments. 3 year fixed rates are for new Owner Occupier Principal & Interest loans.

Who is Athena backed by?

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. Two, we're led by a trusted leadership team who all have a track record of delivering successful and innovative customer solutions.

What does Lvr stand for?

Loan-to-Value Ratio

What is my current LVR?

To work out your LVR, take the amount you plan to borrow or your current loan amount and divide it by the price of your asset. This figure is your LVR.

Does Athena have an offset account?

We don't offer an offset account. But hold up… what do you need an offset for? If you want to put money into your loan so that it offsets your principal loan balance and interest you're charged, our Redraw does just that, without the extra costs of an offset.

Is redraw better than offset?

An offset account can reduce the interest on your loan while maintaining instant access to your funds. On the other hand, a redraw facility allows you to make extra repayments, helping you shave years off your loan term. The offset account is like any other everyday account, so it's the most accessible.

Is Athena an ADI?

Many online lenders don't have an ADI license however, as they're not in the business of providing savings accounts or term deposits. These include Athena Home Loans, Homestar, and loans.com.au.

What's a non bank lender?

In the strictest sense of the term, a non-bank lender is a lender who is not a bank, building society or credit union, but one that has its own source of wholesale funds and lends those funds out with an added margin for profit.

What are offset accounts?

An offset account is a transaction account linked to your home loan. The big difference is that when you hold money in an offset account over a period of time, you can reduce the amount of interest charged on your home loan. The higher the balance and the longer the period, the less interest you'll pay.

What is LVR home loan?

Loan to Value Ratio (LVR) is how lenders describe the amount you need to borrow to buy a particular property. In a nutshell: it's the amount you need to borrow, calculated as a percentage of the property's 'lender-assessed value'. The 'lender-assessed value' is basically your lender's valuation of the property.

What is comparison rate mean?

What is a comparison rate? A comparison rate includes the interest rate as well as certain fees and charges relating to a loan. The aim of the comparison rate is to help you identify the true cost of a loan and compare loans and services offered by financial institutions and mortgage providers.

Is a redraw facility the same as an offset account?

Offset accounts are like everyday transaction accounts, giving you easy access to your money. Redraw facilities let you access extra repayments that you have made on your home loan. Both can help reduce the amount of interest you pay on your home loan.

Is there an app for athenahealth?

epocrates - Best Medical App for Doctors | athenahealth.

Who was Athena?

Athena, also spelled Athene, in Greek religion, the city protectress, goddess of war, handicraft, and practical reason, identified by the Romans with Minerva. She was essentially urban and civilized, the antithesis in many respects of Artemis, goddess of the outdoors.

How did Athena die?

Athena threw herself in front of Zeus before he could be stabbed, and fell by Kratos' hand. Saddened by what he had done. Kratos asked Athena why she would sacrifice herself. Athena replied that Zeus must live so that Olympus could prevail.

What was Athena symbol?

Her major symbols include owls, olive trees, snakes, and the Gorgoneion. In art, she is generally depicted wearing a helmet and holding a spear.
Athena
SymbolOwls, olive trees, snakes, Aegis, armour, helmets, spears, Gorgoneion
Personal information
ParentsIn the Iliad: Zeus alone In Theogony: Zeus and Metis

Where does the goddess Athena live?

Where did Athena live? Athena's home was Mount Olympus.

What is a home loan and how does it work?

A borrower must mortgage a property with the lender to avail this type of a mortgage loan. The collateral is held by the lender until full repayment of the loan is done. The loan is repaid through equated monthly instalments or EMIs. The mortgage loan repayment schedule is calculated on the basis of amortisation.

What is principal and interest?

Principal is the money that you originally agreed to pay back. Interest is the cost of borrowing the principal. If you plan to pay more than your monthly payment amount, you can request that the lender or servicer apply the additional amount immediately to the loan principal.

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Who underwrites Athena home loans?