The Company

MKM Capital is a specialist principal mortgage lender to the Australian non-conforming residential mortgage sector.

Founded in late 2004 by joint Managing Directors Graham Mendelowitz and Mervyn Kark and a consortium of offshore private investors, MKM has evolved into an established manufacturer and distributor of the full range of non-conforming offerings to the Australian residential mortgage market.

MKM’s products are designed to assist borrowers who are in circumstances that require an alternative and flexible approach to their financial needs. In many cases borrowers require “breathing space” to allow their personal circumstances to evolve and/or their business plans to materialize.

MKM undertakes in-house the full operational processes for credit assessment, loan settlement, loan discharge, property valuations management and arrears management. MKM’s key credit criteria when assessing an application focus on the security being offered, the borrower’s credit profile and how MKM’s products are likely to result in the borrower being in an improved financial position due to MKM’s extension of credit.

MKM’s debt funding arrangements are via an Australian based institutional facility. MKM’s compliance and risk management procedures are of the highest standard employing the services of an independent S&P “above average” rated loan administrator to monitor and report on the performance of MKM’s portfolio, retaining Australia’s leading legal advisers in relation to credit and mortgage regulation and compliance matters, and adherence to MKM’s internal policies and procedures being subject to tri annual audits by KPMG.

MKM is a full member of the MFAA, FBAA and Credit Ombudsman and holds the necessary Consumer Credit Code licenses to extend credit nationally.