Last week, a leading mortgage broker announced it was adding a new lender that specialises in affordability to its lending panel.
Aussie Home Loans welcomed South Australian-based HomeStart Finance.
HomeStart, launched 30 years ago, provides low deposit loan options and other lending products intended to help boost borrowing power and make home ownership attainable for a wider cross-section of consumers.
The group has been recognised as “a global leader in affordable housing” by the World Bank.
CEO of Aussie, James Symond, said: “HomeStart is a welcome addition to our panel as it provides greater choice and affordability for our South Australian customers who are seeking a genuine alternative lender outside of the major and mid-tier banks.”
The new lender’s mission is on-brand for the mortgage broker.
“When Aussie opened its doors 27 years ago, we fought for a better deal for all Australians and won,” explained Symond. “Today, we want to ensure that we continue to offer our customers a good deal.
“We have multiple partnerships with specialist lenders, and HomeStart is a natural addition. The diversity of our panel means if the customer doesn’t qualify for a traditional loan, the broker may still be able to find them a suitable home loan from one of our other lender partners.”
CEO of HomeStart John Oliver said, “We are delighted to be joining the panel of lenders with Australia’s largest retail mortgage brokerage in Aussie, which will expand our brand presence and reach across the state.
“Aussie is the logical partner for us as the group provides an excellent distribution channel for our loan products, with the ability to reach many home buyers and assist our mission to help more South Australians into their own home sooner.”
HomeStart has made home ownership a reality for over 70,000 South Australians.
“We are proud to be a partner of such a loved brand in South Australia and believe that HomeStart is a model that can be followed by other State governments,” Symond concluded.