Mortgage News for Industry Professionals | Australian Broker News
Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Household Capital expands reverse mortgage offering
Reverse mortgage lender Household Capital is an Australian-owned, independent retirement funding provider founded in 2016. It has been offering its Household Loan reverse mortgage product through brokers, which allows property owners aged over 60 to access up to a …
Revealed: Australian Mortgage Awards 2024 excellence awardees
Mortgage industry's top professionals recognised. Among the finalists for this year's Australian Mortgage Awards, Jiyun Tang (pictured above far left) of AUSUN Finance stands out in the La Trobe Financial Broker of the Year – Commercial category, while Balwinder Singh (pictured above centre right) from Absolut Financial has earned recognition in the Equity-One Broker of the Year ...
Bank of us posts record profit growth | Australian Broker News
Bank of us, Tasmania’s only 100% customer-owned bank, has reported a record profit result for the 2022/23 financial year, driven by above-system growth in the bank’s loan book and higher interest rates.
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Australian Broker was the mortgage & finance industry's first, and remains its most trusted, online source of news, opinion and analysis.. Delivered to Australia’s mortgage & finance industry, Australian Broker provides a real-time web service that keeps time-poor mortgage & finance professionals up to date with the latest breaking news, cutting-edge opinion and …
Quickli saving brokers time and stress | Australian Broker News
Quickli co-founders Eric Dill (pictured above) and Angus Keatinge said the platform was evolving into a one-stop shop for brokers seeking to solve the preliminary assessment bottleneck and become more compliant than ever.
ubank aims to increase broker distribution
Throughout its launch as neobank 86 400 in 2019 and subsequent acquisition by NAB and rebranding to ubank in 2021, ubank has been primarily focused on growing its distribution network by signing aggregator partners and working with them to get mortgage brokers accredited.
New Head of Broker at Great Southern Bank
“Brokers want lenders to do the basics well, and I think if you can get the basics right a lot of the time and create a consistent experience so that brokers know what they’re in for when they lodge a deal with the bank, that’s something important.”
Lendi Group tweaks its operating structure - Broker News
Lendi Group’s strong first-year core metrics delivered a +36% growth in revenue and +36% YoY growth in settlements. Also, since the merger, the group has achieved a 25% rise in market share, a 75% adoption in the Group Shared Services broker model, and a …
Mortgage Choice/Smartline now ‘second-biggest’ player in …
REA Group CEO Owen Wilson has staked his company’s claim to be the biggest player in the Australian real estate marketplace, naming their newly-merged Mortgage Choice and Smartline franchises as the second-biggest franchise player in the mortgage broking space.