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Published in Company on 21 May 2025
Rate change for new borrowers effective Thursday 22 May
Rate change for existing borrowers effective Wednesday 11 June
Wednesday 21 May 2025 – Following yesterday’s interest rate cut by the Reserve Bank of Australia (RBA), leading Australian non-bank lender ORDE Financial has confirmed it will be passing on the full 0.25% rate reduction to all its front and back book customers, across its entire product range.
Rate Change Details
For all new borrowers, including those with pipeline or in-flight applications, this change is effective from tomorrow, Thursday 22 May 2025.
Existing ORDE borrowers will see their current rates reduced from Wednesday 11 June 2025. ORDE’s Client Services team is communicating this change directly to borrowers and is available to assist with any questions.
Ongoing Support for Brokers and Borrowers
Ryan Harkness, Managing Director and Chief Lending Officer at ORDE Financial, highlighted the positive outcome for Australians and emphasised ongoing collaboration with brokers:
“We're pleased to be passing on rate cuts for both front and back book – part of our commitment to transparency and consistently delivering a great experience for borrowers and the brokers who support them. It's encouraging to see the rate relief easing pressure for Australians and helping to drive renewed momentum in the property market.”
He continued: “Brokers can rely upon ORDE to help them confidently navigate these changing client needs and market conditions, whether it’s by evolving our product offering or by providing hands-on guidance to deliver bespoke solutions, such as refinancing and debt consolidation.”
Media Enquiries
Jane Le
ORDE Financial
Communications Manager
[email protected]
0468598059