Aussie Home Loans has expanded distribution of Aussie Select, with the home loan product joining National Mortgage Brokers’ (nMB) lender panel this month.
Part of the Aussie Group for over two years, nMB is Aussie’s wholesale aggregator and the third piece in the Group’s diversified distribution model.
James Symond, Executive Director of Aussie, said offering Aussie Select to nMB Brokers was an important part of Aussie’s strategy to both grow distribution of the popular product and further strengthen the Aussie brand.
He said: “Since its launch in April 2012, Aussie Select has been gaining momentum as we have developed and enhanced the product. It has consistently been a key product for our Aussie Mortgage Brokers, so making it available to our nMB family was a logical and important next step.
“Aussie was launched to be highly competitive and a challenger to the banks. Since those days we have evolved to become the country’s leading mortgage broker, but our roots as a quality and competitive credit service provider remain firmly planted,” added My Symond.
Gerald Foley, Managing Director of nMB, said the new product had been welcomed by nMB Brokers with open arms.
He said: “Outside of Aussie, we are the only distributor of Aussie Select. This addition to our lender panel further cements our relationship and will lead to more business and opportunity for everyone within the Aussie Group.
“Aussie Select delivers a suite of highly competitive, well-appointed products including one to five year fixed and tiered variable loans. It has the support of a strong team of relationship managers and a dedicated credit decisioning team so our brokers are well supported,” concluded Mr Foley.
The first Aussie Select lodgement from an nMB Broker is expected this month.