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Buyers Choice adds SMSF lender to panel

by Malavika Santhebennur10 minute read
Buyers Choice adds SMSF lender to panel

Buyers Choice has appointed a new lender to its panel to give its brokers access to its SMSF credit product and home loans for professionals.

Boutique aggregator Buyers Choice has announced that Granite Home Loans has joined its lender panel, enabling broker members to access the non-bank’s solutions, including self-managed superannuation fund (SMSF) loans and home loans for professionals.

After having gained its credit licence in October 2019 as part of its “long-term strategic roadmap”, Buyers Choice has been building its lender panel.

The group said its brokers had identified and informed it of a need for access to lending products that went further than servicing the mainstream.

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Commenting on the addition of the lender on its panel, Buyers Choice CEO Brett Mansfield said Granite Home Loans was one of the first lenders the brokerage targeted to appoint to its panel.

“We love Granite’s innovative approach to policy and product, developing solutions which are designed to fill gaps in the current lending landscape,” Mr Mansfield said.

“These solutions are not available directly through mainstream banks. Our customers gain a substantial benefit by being able to access these solutions through their Buyers Choice broker.” 

Granite Home Loans co-founder and director Bridget Sakr added: “We pride ourselves on our personal service, offering a commitment to Buyers Choice brokers of 48-hour first touch, including a full assessment and issuing a tailored indicative offer.

“We’re launching a new Equity Keeper refinance product soon to our partners and look forward to relaunching our No LMI High LVR Professional product to Buyers Choice when the market returns to some normality.”

Buyers Choice also recently appointed neobank 86 400 to its panel, alongside Heartland Seniors Finance.

[Related: Neobank joins Buyers Choice lender panel]

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Malavika Santhebennur

AUTHOR

Malavika Santhebennur is a content specialist at Momentum Media, focusing on mortgages and finance writing.

Before joining Momentum Media in 2019, Malavika held roles with Money Management and Benchmark Media, where she was writing about financial services.