Published in Company on 21 August 2024
Wedneday 21 August 2025 - Non-bank lender ORDE Financial has expanded its broad product range with the introduction of a new Residential Construction product, designed to provide flexible financing solutions for borrowers looking to build new homes or undertake major renovations, either as owner-occupied or investment properties.
The product offers borrowing solutions up to $2 million, catering for borrowers with alternative income documentation and less than perfect credit history. Owner occupiers or investors can borrow up to 80 percent LVR (loan-to-value ratio) for the construction of a single or duplex dwelling in category 1 or 2 locations.
Responding to Broker Feedback
“We’ve heard over and over again from brokers that there was a need for a construction loan product that’s flexible, transparent, easy to manage, and delivered quickly by an experienced credit team,” comments Ryan Harkness, Managing Director at ORDE.
“ORDE was created specifically to meet broker needs. That’s why we’re excited to offer our new Residential Construction loans as an extension to our broad product offering, delivered with the exceptional service standards that are a core tenet of ORDE’s value-add for brokers.”
Supporting Brokers with Industry-Leading Expertise
Brokers will be supported by an experienced and solutions-focused credit team, including new Deputy Head of Credit, Luke Jones, well-known within the non-bank lending space for his deep construction loans expertise. Luke joins Jason Gidman, ORDE’s Head of Credit with over 20 years of construction experience, to offer brokers an industry-leading solution capability.
ORDE’s national team of Business Development Managers and Relationship Managers are also on-hand to assist brokers throughout the process, and to provide further education and training on construction loans as part of ORDE’s commitment to helping brokers diversify and deliver more for their customers.
“Our whole team is incredibly well-equipped to help brokers and their customers navigate the complexities of construction financing,” adds Lee Prior, Director of Distribution at ORDE. “Not only do they make the effort to understand every borrower’s individual situation, but they have the experience and the ‘can-do’ attitude needed to reach the right solutions.”
A Non-Bank Lender that’s Built for BrokerTM
Giving brokers much better ability to service their customers and to build their own businesses has been the goal for ORDE from day one. The non-bank lender launched to market in late 2020 with an exceptionally broad suite of flexible lending solutions, as well as an exceptional team more than able to deliver this breadth and flexibility.
Since then, ORDE has funded more than $5 billion of successful lending solutions, exclusively for brokers. This significant growth in just four years is testament to the company’s ability to consistently deliver an experience that secures the ongoing support of brokers.
Paul Wells, CEO and fellow Managing Director at ORDE, notes that this new Residential Construction product marks ORDE’s second major launch this year, following the introduction of its Prestige loans in April, which provided funding for residential properties up to $5 million.
Wells states that the non-bank lender has more value to add for brokers.
“ORDE is successfully pairing the determination and evolution of a vibrant young business with the exceptional experience and talent of a remarkable team. This has allowed us to develop a clarity of culture, singularly focused on bringing value for brokers and their customers. We are working on strong opportunities to extend solutions and set new service standard benchmarks for brokers.”