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Helia Group Ltd

0GI0:BER

Helia Group Ltd

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  • Price (EUR)2.64
  • Today's Change0.02 / 0.76%
  • Shares traded--
  • 1 Year change+14.78%
  • Beta--
Data delayed at least 15 minutes, as of Nov 15 2024 07:12 GMT.
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About the company

Helia Group Limited is an Australia-based Lenders Mortgage Insurance (LMI) provider. Its LMI proposition protects lenders if a homeowner defaults on a home loan and the lender is unable to recover the outstanding loan amount from the sale of the secured property. Lender’s purchase LMI for risk transfer and capital management purposes. LMI provides protection to a lender to help borrowers purchase a property with a smaller deposit. LMI protects the lender against the risk of potential losses, in case they are unable to make home loan repayments, and the lender is unable to recover the outstanding loan amount from the sale of the security property. This makes loans more accessible to people who are looking to buy a home with less than 20% deposit. Home buyers have a range of flexible options for paying the LMI cost to their lender. It also offers flexible solutions to support home ownership and provide options for covering the LMI cost.

  • Revenue in AUD (TTM)426.37m
  • Net income in AUD224.62m
  • Incorporated2011
  • Employees233.00
  • Location
    Helia Group LtdLevel 26, 101 Miller StreetNORTH SYDNEY 2060AustraliaAUS
  • Phone+61 30065-5422
  • Fax+61 30036-6228
  • Websitehttps://helia.com.au/
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