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.
How La Trobe Financial empowers its BDMs - Broker News
The breadth and depth of La Trobe Financial’s loan products are hard to match in the market, and this is a major strength for the lender’s BDMs out in the field, as it empowers them to make a difference to brokers and a wider range of clients in a diverse and evolving economy.
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.
Latest Mortgage Brokers Industry News | Australian Broker News
6 days ago — From rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here
CBA boss defends banker bonuses, spotlights broker pay
Aug 30, 2024 — CBA chief executive Matt Comyn has defended the bank’s decision to ignore the Banking Royal Commission-era recommendation to cap banker bonuses, highlighting that mortgage brokers operate without any restrictions on their compensation.
New-to-market brokers facing lead generation challenge
Career roadmap could improve success chances. Hutchings (pictured above) said the drop-off rate for new brokers entering the industry within the first or second year was still “huge”, and often this was because new brokers did not feel supported, the industry wasn’t what they thought it was, or they did not have a clear pathway or roadmap for success to follow.
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 …
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HAS tackles housing affordability crisis, plans to deliver 1,000 homes
Shared equity scheme seeks new investors. How the HAS loan works is that HAS provides a funding line of 17.5% LVR alongside an 80% LVR mortgage from a first lender, offering clients a chance to ease into the property market.
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 ...