Brokerage launches new home loan range

by Madison Utley28 May 2019

A mortgage broker has partnered with a specialist lender to launch a flexible new home loan range under its own brand.

Aussie Home Loans has today unveiled Aussie Activate, funded by Pepper Money.

Now available exclusively through Aussie brokers, the new product range is geared towards customers who are self-employed and don’t have complete financial statements, have a non-standard income source or have found it otherwise difficult to obtain credit.

Aussie Activate applications will be assessed manually in order to identify the home loan solution best catered to the individual’s needs, with customers potentially having the option to borrow up to 95% of a property’s value.

Aussie chief customer officer David Smith said, “Aussie Activate represents the latest pathway to home ownership, combining flexible product offerings with real-life scenarios, and understanding that not every customer ticks every box.

“This launch really strengthens the diversity of our offering for brokers and customers alike, so no matter the customer’s situation or their requirements for a home loan, our brokers are well equipped to find them a suitable home loan option from one of our lender partners or white label range.”

The Aussie Activate home loan includes options for offset sub-accounts and an Aussie-branded Visa debit card, along with access to an online platform to carry out transactions.

Pepper Money director of sales and distribution, Aaron Milburn, said, “Aussie Activate will provide a home loan solution to many Australians, and Aussie’s network of brokers are well-placed to help customers into a home who might be finding it difficult to find credit elsewhere.”