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Bluebay Home Loans has appointed a new BDM and flagged plans to add further relationship managers.
The Perth-based lender appointed a new BDM in Victoria last week, to go with the new BDM who started in NSW six months ago and the two existing relationship managers in Western Australia.
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General manager Gerry O’Donnell said the BDMs were appointed to support Bluebay’s growing network of brokers across the country as it gains access to more aggregator panels.
He also told The Adviser that more hires might be made.
“As soon as we get the necessary traction from the existing team, we will be looking to add additional BDMs both in new states and existing,” he said.
Meanwhile, Mr O’Donnell said Bluebay had enjoyed a strong response to Parent Assist, the parent-child mortgage product it launched in January.
“We had a really strong response, not only from prospective homebuyers and their parents, but also numerous brokers calling us wanting to become accredited with Bluebay too,” he said.
Mr O’Donnell said Bluebay had run its first mainstream marketing campaign in support of Parent Assist.
“This campaign not only allowed us to promote our unique Parent Assist loan, but also gave exposure for our business at a far wider level than ever before,” he said.
[Related: We know what makes a good BDM, say banks]
