Digital bank 86 400 has announced that it will now be available to 90% of brokers after being added to the panel at FAST.
The digital bank, who were recently acquired by NAB, will now be an option for 1,200 extra brokers, bringing them up to almost all active mortgage brokers in Australia.
They claim to offer one of the fastest times to yes in the industry and have revolutionised the way that brokers think about turnaround times and loan application processes.
“It’s an additional 1,200 brokers that are able to offer our digital home loans to their customers, and provide a wonderful service to brokers and, more importantly, continue the wonderful service that we’re offering to broker’s customers,” said George Srbinovski, Head of Broker Distribution at 86 400.
“We couldn’t be more excited to be welcomed to FAST’s panel, as they’ve got some wonderful brokers in there, and we can’t wait to be working with each and every one of them,”
86 400 has recently announced deals with Choice, Plan and now with FAST, as well as being bought out by NAB.
“It’s been a very busy last couple of months for 86 400 and we’ve partnered with outstanding aggregators and brokers, and it’s something that all of us are very proud of what we have been able to achieve.”
“The fact that we’re able to service brokers and continue our upkeep with amazing SLAs. It’s a wonderful growth story that we’re having and we’re so excited about the future.”
Srbinovski’s message to brokers was simple, and has been consistent throughout 86 400’s growth spurt.
“Give us a go,” he said. “Give a new way of writing loans in Australia a go. In terms of the digital part, speak to your BDMs and anyone at 86 400, who have a great understanding of our product and process.”