Aussie white label product joins nMB lender panel

by Julia Corderoy22 Dec 2014
Aussie Home Loans’ white label product, Aussie Select has joined National Mortgage Brokers’ (nMB) lender panel this month. This makes nMB the only distributor of the product outside of Aussie.

James Symond, Executive Director of Aussie, said this is an important part of Aussie’s strategy to both grow distribution of the popular product and further strengthen the Aussie brand.

“Since its launch in April 2012, Aussie Select has been gaining momentum as we have developed and enhanced the product. It has consistently been a key product for our Aussie Mortgage Brokers, so making it available to our nMB family was a logical and important next step,” he said.

“Aussie was launched to be highly competitive and a challenger to the banks. Since those days we have evolved to become the country’s leading mortgage broker, but our roots as a quality and competitive credit service provider remain firmly planted.”

Gerald Foley, Managing Director of nMB, said the new product had been welcomed by nMB brokers with open arms.

“This addition to our lender panel further cements our relationship and will lead to more business and opportunity for everyone within the Aussie Group,” he said.

“Aussie Select delivers a suite of highly competitive, well-appointed products including one to five year fixed and tiered variable loans. It has the support of a strong team of relationship managers and a dedicated credit decisioning team so our brokers are well supported.”

In April 2012, Aussie Home Loans acquired nMB as a part of its expansion into wholesale aggregation.


  • by Tom 22/12/2014 9:42:36 AM

    Can't wait to see how they manage the channel conflict when the Aussie brokers start chopping up the NMB broker deals. Fun days ahead for you guys.