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Choice adds new lender to its panel

by Reporter4 minute read
Choice adds new lender to panel

Choice Aggregation Services has announced that it has added a non-bank lender to its panel.

Stephen Moore, chief executive officer of Choice, said that he was pleased to welcome Australia’s largest non-bank lender, Firstmac, to its panel.

“Providing our members and their customers with a wide range of lending options is a key priority for us as an aggregator,” the CEO said.

“The addition of Firstmac to Choice’s lending panel will further strengthen the wide range of lending solutions already available via our network.”

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Mr Moore added that the aggregation company “took a serious approach” to selecting high-quality lenders for its panel, adding that he believes that Firstmac “certainly demonstrate[s] a strong track record in delivering housing finance to Australians”.

“With close to 40 years’ experience in writing home loans, and a service-oriented support team, Firstmac will be welcomed warmly by Choice brokers,” the executive said.

Firstmac’s head of third-party sales, Jake Sanders, said: “We are excited to be broadening access to our lending solutions via one of the industry’s most established broker networks.

“As a non-bank lender, Firstmac offers customers flexibility and a viable alternative to the major banks.

“Our team of office and field BDMs are looking forward to working closely with Choice’s network of brokers to provide solutions to their customers.”

Firstmac manages approximately $9 billion in mortgages and $250 million in cash investments.

[Related: 1 in 4 Choice brokers writing commercial]

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