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National Mortgage Brokers has reported a “fairly solid” result for 2013/2014, which also included a monthly settlement record.
The aggregator did not disclose specific figures, but said that December marked its best settlement result in its 13-year history.
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National Mortgage Brokers also revealed that 93 per cent of its volumes in the last financial year were residential loans, while seven per cent were commercial and leasing.
Major banks claimed 75 per cent of all volumes, with the top five lenders being Commonwealth Bank, Westpac, ANZ, Homeside and St George.
Head of sales Laurie Duffus said National Mortgage Brokers regarded the 2013/2014 figures as a “fairly solid” result.
He added that although business declined after the record December, the business enjoyed a positive May and June.
“To help boost the level of commercial lending, during this financial year we will introduce a focused campaign on the opportunities provided by commercial lending, business banking and vehicle and equipment finance,” he said.
