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Loan Types & Features

Non-Bank Lender

Lenders funded via wholesale markets — often cheaper, often more flexible.

What is Non-Bank Lender?

A non-bank lender is a lender that doesn't hold an authorised deposit-taking institution (ADI) licence. They fund loans through wholesale money markets or securitisation rather than customer deposits. Includes specialist lenders, online-only lenders, and mortgage managers.

Why it matters for you

Non-banks are often cheaper than banks on like-for-like loans and often more flexible on policy (acceptance of locum income, self-employed, complex incomes). Regulated under the same consumer protections as banks. Part of Wity's panel of 45+ lenders.

We consider every lender on merit

Free. No pressure. No credit check.

Related terms

Every lender's internal rulebook — and why answers differ lender to lender.

Legal & Process

For self-employed borrowers without standard tax returns. Uses alternative evidence.

Loan Types & Features
Last updated: April 2026