A mortgage broker has announced its plans to double its customer base in South Australia and the Northern Territory over the next three years.
Aussie Home Loans has brought Corey Drew on as state manager SA/NT to head the efforts, supporting and expanding Aussie’s 12 retail stores and 70 plus mortgage brokers across both locations.
According to CEO James Symond, “Aussie is performing extremely well in South Australia and the Northern Territory, particularly thanks to the significant focus and extra support provided to the team over the past 18 months.”
The extra support has been necessary as job market instability and credit scarcity has led to a worsened rate of home value decline in Darwin and the surrounding areas, according to CoreLogic’s Hedonic Index for March 2019.
A CommSec report also revealed that loan commitments in the NT are down 14.8% compared to last year, as of the end of April.
According to Symond, “Corey is a well-known figure in the mortgage sector who has significant experience leading a large distribution network and a strong understanding of the local SA and NT markets.
“He understands how to implement innovative customer focused strategies to deliver results and will be a great asset to both our sales leadership team and our SA/NT franchisees and brokers.”
Drew brings over 20 years of experience in the financial services industry, having held various roles at ANZ, Bankwest, Mortgage Force (now Smartline) and, most recently, CBA.
Drew will replace Aaron Hockey who is transitioning to the role of NSW/ACT state manager.
“Aussie’s brand is well-liked in the region and we have a very strong platform to build on in order to expand our footprint and strengthen our offering to benefit borrowers and mortgage brokers across SA and NT,” said Drew.
“I am delighted to be joining Australia’s leading mortgage broker and working in a market where I have spent the majority of my career,” he concluded.