86 400 added to Finsure panel

2,000 extra brokers to get access to digital lender after major addition

86 400 added to Finsure panel

News

By Mike Wood

86 400 has been added to the panel at Finsure, giving 2,000 extra brokers access to their products. It marks a spectacular trajectory for the digital home lender, which was bought out by NAB earlier this year and subsequently announced partnerships with three major aggregators.

“It’s an addition to the fantastic year of growth that we’ve had so far in 2021,” said 86 400 head of broker distribution George Srbinovski. “We’re so pleased to be able to join Finsure, they’re an amazing group of brokers and an amazing aggregator. It’s phenomenal for us to be able to work with them.

We’re growing our BDM team to be able to support this growth, we’re growing our broker support teams too, and growing on aggregator panels. Any Finsure brokers wishing to get accreditation will be highly welcome and we’re extremely happy and proud to be onboard.

This the third major aggregator that 86 400 has been able to join in the last few months: they paired with Choice back in May, adding 1,400 brokers, then with PLAN Australia in early July and most recently with FAST in August.

“It’s a great trajectory,” said Srbinovski. “We’ve recently celebrated our second anniversary milestone and this is showing the great amount of growth that we’re having within the home loan space.

In November we’ll be celebrating two years since the growth of our home loan product to market and this is a great way to continue to help us to deliver on that growth.”

“We’ve been able to deliver additional growth with aggregators with our broker partners, and the amount of goodwill that we’re receiving from brokers is seeing them go to their aggregator groups and say that they want to do business with 86 400.”

“The likes of our 85% no LMI deal really is a product that stands within itself and that we’ve incredibly proud of: brokers have taken a liking to it. We’re showing innovation and those products that we’re developing and we’re designing is helping aggregators to ask us to come on their panels.”

“Being a digital home loan, it’s quite unique in the process and it’s a unique product offering to an aggregator panel.”

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