The bank and its subsidiaries will decrease rates for new owner occupier principal and interest fixed loans with an LVR of 80% and below
Since its launch one month ago, the company has also seen a number of mortgages approved including one loan of $1m
The firm has brought together a collection of experts to help new brokers develop skills in networking, sales, leads and more
The demand has been driven by clients struggling to find funds amidst tighter lending restrictions by Australian banks
A Victorian man banned for selling trail books, leads and rent rolls which never materialised may once again be attempting to dupe brokers.
Non-major lenders tripled their market share of new fixed-rate loans in the final quarter of 2013, the latest statistics show.
A non-major has reduced its variable interest rates in a sign 2014 will be another competitive year in the mortgage space.
A hot property market is fuelling strong demand for mortgage brokers, making it one of the most sought-after professions in Australia.
The level of residential property rental vacancies is up Australia-wide, with mining towns leading the upsurge.
Many brokers struggle to grow their trail book once it reaches a certain point, says one top broker, but with a little smart thinking brokers can reduce their run-off and increase their profits.