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Non-bank lender Australian First Mortgage (AFM) has been appointed to Choice Aggregation Services panel of lenders.
The appointment will allow Choice’s 1,350 plus loan writers access AFM’s products.
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AFM managing director Tanya White said the addition to the Choice panel was a milestone for the company.
“The timing for our addition to the Choice panel is ideal considering the improving economic climate, ongoing low interest rates and a strengthening property market – which should drive increased broker business. We look forward to forging closer links with Choice members as they capitalise on current market opportunities,” Ms White said.
Brendan O’Donnell, CEO of Choice, agreed that the current market offers numerous opportunities for brokers in terms of loan turnaround times and overall servicing capabilities.
“Considering current bank dominance it’s imperative that all brokers diversify their lending panel – rather than just sending business to a handful of the majors they need to embrace the variety of other lenders available that have comparable products and pricing,” Mr O’Donnell said.
