Major aggregator and credit union unite

by AB01 May 2013

Gateway has launched a new partnership with Connective - the fastest growing mortgage aggregator in the industry – to distribute Gateway home loans from today.

The announcement follows a period of heavy investment in technology and process innovation by Gateway to underpin its growth strategy via the delivery of scalable and consistent high value service to its distribution partners.

Gateway chief executive, Paul Thomas, says the partnership will open up the benefits of Gateway’s product and service proposition to Connective members’ clients across Australia looking for a home loan with a lender that’s a genuine alternative to ‘the banks’.

“Our mantra at Gateway is to make sure we are easy to do business with, whether you’re a broking business, supplier or a customer. It’s this focus that has set us apart and driven our recent innovations, such as the re-engineering of our loan origination model, and the introduction of instant electronic loan document delivery to support the broker channel,” says Thomas.

Connective head of sales and business development, Michael Goerner, says the aggregator is ‘delighted’ to add another mutual to its lender panel.

“Gateway brings a great range of products, along with national support from their BDM Team. Gateway also have electronic application lodgement, which is an essential pre-requisite demanded by members using Connective’s industry leading software, Mercury,” says Goerner.

Connective will become Gateway’s third distribution partner, following its partnerships formed with Yellow Brick Road in 2009 and Mortgage Choice in 2011.