Free holiday, anyone? Non-bank lender Bluestone is offering an incentive to brokers to write more loans – with a $4,000 holiday up for grabs.
The broker that settles the most loans with them from April to June will win a travel voucher, to be used on domestic or international travel and accommodation as the broker chooses.
The winner will also get a chance to pick the brains of Bluestone founder and chairman Alistair Jeffrey, who is keen to have dinner with the successful broker when he is next over from the UK.
Bluestone decided to run the competition to thank brokers for supporting its re-entry into the non-confirming mortgage market.
After expanding into the UK, the lender re-entered the Australian market in the second half of last year. It had pulled out after the GFC shut down the syndicated funding system used by non-banks in Australia and New Zealand.
“The competition is about acknowledging the value that we place on our broker relationships and recognising and rewarding their support,” Bluestone Asia-Pacific general manager Peter Wood said.
“Brokers that offer non-conforming loans provide extra value to every client that would otherwise be unable to secure a home loan. This is our way of providing added value to our broker partners.”
As Bluestone is looking to increase its broker numbers, non-accredited brokers can also enter the competition if they become accredited and settle a loan before 30 June.
To enter the competition, accredited brokers must:
1. Register by emailing firstname.lastname@example.org
2. Provide their name and contact details
3. Submit to confirm registration.
Brokers then just need to settle a Bluestone loan between 1 April and 30 June and the broker who settles the most loans during the campaign period wins the $4,000 holiday.
Non-bank marks mortgage market return with rate cuts
Non-majors carve out first home buyer share
New brokers turn to mentors at times of need