Australian Mortgage Options-AMO

Australian Mortgage Options (AMO) was founded in 1998 and since then has helped thousands of Australians finance their home or investment property. Prior to establishing the company, founder Robert Projeski worked in the banking industry and identified a number of ways in which he could improve a borrower's financial position by restructuring home loan products. Borrowers would then be able to pay off their mortgage sooner, minimise tax and create wealth. Mr Projeski presented his findings and recommendations to the executive board. While impressed with his proposal, they declined to proceed as it would benefit the borrower at the expense of the lender. They figured, that, if people paid their home loan off sooner, the lender would earn less money from interest and this would not benefit the bank especially in the short to medium term.