REA Group's website will start offering its own home loans - and taking commissions - thanks to a new partnership with National Australia Bank.
Under the new deal announced on Monday morning, realestate.com.au will offer NAB home loans, its own branded financial products and loans from other lenders.
"Under the terms of the commercial agreement, realestate.com.au will receive funding from NAB to enable development of the experience, and commissions for home loans settled," a statement to the stock market revealed.
A team led by REA's executive director of financial services, Andrew Russell, will introduce the new products in 2017. Both parties declined to detail what products would be available, but described it as an 'integrated experience'.
Group executive Tracey Fellows said the deal would help REA tap into the $400 billion mortgage market.
NAB chief operating officer, Antony Cahill, said the "partnership will bring property search and home lending together in a way that's never been seen before".
REA Group is majority owned by News Corporation. Shares were trading at $53.33 on Monday afternoon, two cents lower than the previous day's close.
