Get notifications in real-time for staying up to date with content that matters to you.
Mortgage manager Nationwide Lending announced this week that it has accredited more than 250 brokers.
Craig Pickering, Nationwide’s strategic business manager, said the strong growth in broker numbers was due to the mortgage manager’s unique patented software the Ultimate Home Loan Calculator.
The software enables brokers to determine their own commission structure, he said.
“Using our software the majority of our accredited brokers are earning one per cent upfront on the deals they submit to us,” Mr Pickering said.
Published: 17-09-08
Today's other news
Who do you aggregate through?
Thank you for your vote, you can see the results here.
Court rules against bank for ‘unfair’ loan terms
The Federal Court has declared a number of loan contracts entered...
RBA, APRA sing different tune on serviceability buffers
APRA chair Wayne Byres has dismissed the need for a cut to the bu...
Remodelled FHB scheme cops backlash
From 1 July, all applications for the FHLDS will require a Notice...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Receive breaking news direct to your inbox each day
