Mortgage firm celebrates $1 billion in loans

A North Sydney-based mortgage business has reached $1 billion in loans

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Mortgage manager Mortgage House, which operates under management funding from the Bendigo and Adelaide Bank, is celebrating reaching $1 billion in loans. Ken Sayer, CEO of North Sydney-based Mortgage House, received a special award from B&A Group CEO Mike Hirst at a ceremony in Sydney on Wednesday April 13.

Hirst said of the milestone, “It’s been a great relationship and importantly, it’s the right partnership for us both. Our companies are both highly customer-focussed organisations who share similar values and provide a great customer experience.    

“Mortgage House is a key partner and we are committed to furthering our relationship as their principle funder through our third party banking provider, Adelaide Bank.”

Damien Percy, general manager at Adelaide Bank, was similarly thrilled with the achievement, saying, “We have a strong relationship stretching back more than a decade and it has been a pleasure working with and watching the growth of a company that is so highly efficient and technologically sophisticated. I value Ken’s views highly and particularly value his market insights.
 
“There is great mutual respect and clarity to our relationship. Ken is a great listener and an effective leader who says what he means and we look forward to building on what is already a very strong and successful partnership.”

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