Largest ever Residential Mortgage-Backed Security (“RMBS”) from an Australian non-bank reflects the confidence in ColCap Financial’s track record in Australian prime mortgages.
Leading Australian prime non-bank mortgage lender ColCap Financial Group (“ColCap”) has today successfully priced the largest-ever RMBS issue in the Australian non-bank lending sector, with a total issued value of $2.7 billion.
This watershed transaction, the first in ColCap’s Triton program for 2026, offered local and global investors a highly-rated RMBS issue, secured over a pool of prime Australian residential mortgages. The issue saw its initial size guide at-launch of $1 billion upsized to a record-breaking $2.7 billion due to exceptionally strong investor demand, sourced from both local and international markets.
ColCap Financial CEO, Andrew Chepul, said the landmark RMBS demonstrated the attractiveness of the Australian mortgage market to investors offshore and onshore, as well as ColCap’s position as a leading local non-bank originator of prime mortgages.
We’re pleased our track record of performance and strong relationships with investors has delivered the largest non-bank lending transaction of its kind. This is a testament to our securitisation leadership and the high quality of Australian non-bank prime lending."
ColCap Treasurer, David Carroll, said Australia’s stable regulatory environment and economy appealed to international investors, as did the strong performance of ColCap’s asset book, evident in its strong underwriting and arrears performance over time.
The RMBS transaction included a 5-year note, giving investors in that note pricing certainty by eliminating re-investment risk over the 5-year period. The deal will increase ColCap’s funding capacity while locking in pricing, supporting ColCap as it continues to strive to bring innovative solutions and further competition to the Australian mortgage market.
Home ownership and building wealth through property is a big part of our national conversation in Australia. Through issues like this RMBS we bring competitive pricing to the market, benefitting borrowers through competition and lower funding costs."
This Triton 2026-1 issue was secured over a diverse portfolio including Self-Managed Super Fund (“SMSF”) loans and owner-occupied and investment home loans. The loans were originated through multiple distribution channels, including the broking channel, via brands including ColCap-owned Granite Home Loans and Zeus by LMG, a partnership with leading Broker Aggregator LMG.
The broking channel is an important part of our multi-channel distribution strategy, which also includes Wholesale and Retail channels. We look forward to continuing to work with all of our partners to meet the needs of clients with innovative finance solutions.
The RMBS issue was first announced on 16 February 2026 and priced on the 20 February 2026. Westpac Institutional Bank acted as Arranger and as a lead manger, with additional lead managers being Commonwealth Bank of Australia, DBS Bank, MUFG Securities, National Australia Bank, Natixis CIB, Standard Chartered Bank, United Overseas Bank.
For more information contact:
ColCap Financial
David Carroll (Treasurer)
Tel: +61 412 616 641
Email: [email protected]
About ColCap Financial
ColCap Financial is a leading Australian-headquartered non-bank lending group with over $20 billion in assets under management in Australia and the UK. With a vision to deliver financial opportunities for lending customers, distribution partners and financial investors across global markets, ColCap Financial brings together deep expertise in residential property lending and funding with proven product innovation capabilities, making it a financial partner built to help people make financial possibilities happen.
For more information please visit: www.colcap.com.au
