Mortgage News for Industry Professionals | Australian Broker News
WebApr 18, 2011 · Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
ubank aims to increase broker distribution | Australian Broker News
WebDigital bank ubank is ramping up distribution through the almost 11,000 brokers it has accredited, says head of broker distribution George Srbinovski. The bank also wants to win brokers over with a loan process supported by innovative digital tools, experiences and a faster speed to approval. Throughout its launch as neobank 86 400 in 2019 and ...
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Key appointments bolster Finsure’s leadership team
WebFeb 24, 2021 Share. Mortgage aggregator Finsure has bolstered its leadership team with several key appointments. The company has announced that it has restructured its sales team to accommodate Phillip Donaldson and Noushig Megerditchian, who will serve as joint state managers for New South Wales. Meanwhile, Paul Gollan, Chris Pastsouras, and ...
How much do Australian mortgage brokers earn?
WebIn Australia, the average salary for a mortgage broker is $188,046 according to the Mortgage & Finance Association of Australia Industry Intelligence Service 13th Edition report for the six months to September 30, 2021. Because mortgage brokers offer special skill sets that go beyond simple product knowledge, finding a good fit for mortgage ...
Commercial brokers on alert as SME financing demand surges
WebNew research from SME fintech lender Prospa has indicated that demand for commercial financing is surging across Australia. The study, carried out by RFi Group on behalf of Prospa, suggests that 37% of small businesses are in need of funds in the next 6-12 months, a number that grows to over 50% for those …
Loan book minding solution is here for brokers
WebNews. A mortgage broker turned business owner has created a loan book minding company designed to relieve busy brokerage directors looking to take a step back from their businesses. Trail Portfolio Services director Sean Richardson (pictured) was a broker for 15 years before deciding to buy a plan book in 2010 which he said went horribly wrong.
Private banker makes career switch to become broker
WebThe Australian mortgage broking scene remains dominated by small businesses, according to the latest MFAA Industry Intelligent Report. The report highlights that a significant majority (61%) of brokerages operate with either a single broker or just two brokers. Hanlon said he understands the desire to start from scratch under one’s own self ...
Dwelling approvals drop in September | Australian Broker News
WebThe decline in dwelling approvals was driven by significant decreases in Western Australia (-11.0%), New South Wales (-10.5%), and Victoria (-8.9%).
Lenders speak up on broker's cancelled accreditation
WebLenders have had their say on the issue of a broker who had his accreditation cancelled without being provided a reason. A Melbourne broker – who did not want to be named for fear of reprisals from his aggregator and future lenders – received a letter from NAB last week saying his accreditation had been cancelled. The bank indicated it would speak with Australian Broker on the issue, but ...
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