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Aggregator helps brokers diversify with new lender deal

by Staff Reporter8 minute read
The Adviser

One of Australia’s largest aggregators has added another lender to its 40-strong panel.

Connective, which has more than 2,000 brokers on its books, has added non-conforming loans specialist Bluestone to its panel of lenders and service providers, according to director Mark Haron.

“Our comprehensive lender panel gives brokers access to all the major lenders and services providers to help diversify their income,” he said.

“The non-conforming sector is fast becoming a growing opportunity for brokers and Bluestone’s offering is absolutely critical to this exciting market.”


Bluestone returned to the lending market in 2012, a move Asia-Pacific general manager Peter Wood said has been well received.

“Brokers and aggregators have welcomed the much-needed competition we bring and the opportunity to broaden their offering, and this is further demonstrated through our addition to the Connective panel,” he said.

“Bluestone provides a suite of purpose-specific products that help a wide range of borrowers obtain mortgage finance that hasn’t been attainable through a traditional lender – and as the market continues to grow, we plan to regain our status as the non-conforming lender of choice.”

UPDATE: Due to a technical issue, an outdated version of this story was originally published. It has since been replaced by the correct version.

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