Brokers to gain deeper insight to non-bank lenders

Brokers will rate Australia’s specialist lenders, commercial lenders, mortgage managers, short-term lenders, and cash flow and debtor finance providers based on product, support and commission.

Jim Hall, head of mortgages and real estate at Sterling Publishing – publisher of The Adviser – said that as brokers adjust the ongoing pricing and policy changes in the mortgage lending market, the benefits of using alternative solutions has become even more important.

“Over the past few months we have already seen anecdotal evidence from brokers that non-banks are providing flexible solutions in an increasingly complex market,” he said.

“With more out-of-cycle rate hikes expected over the next six months as the major banks look to increase their capital requirements, we can expect continued demand for non-bank lending products.

“The Third-Party Banking Report – Non-Bank Lenders 2016 will offer tangible and transparent information for brokers to compare with The Adviser’s other reports on the major and non-major lenders.”

Brokers are encouraged to take part in the survey here, with entries closing on Monday 21 December 2015.