The franchise group has added a new lender to its panel as part of its ongoing strategy to provide its broker network with access to a broader range of credit solutions for their clients.
Qudos Bank – formerly known as Qantas Credit Union – has joined Mortgage Choice’s lender panel, in a move designed to provide accredited brokers with access to a wider range of product offerings.
Commenting on the announcement, Mortgage Choice’s general manager, product and corporate communications, Emma Dupont-Brown, said: “We are delighted to announce the partnership with Qudos Bank, which will further strengthen our lender panel and give our national broker network the ability to offer more choice to more borrowers.
“In an increasingly complex lending environment, where credit appetite and policy has shifted significantly, the ability to offer a wider range of lenders to borrowers supports our commitment to help our customers make better choices with their finances.
“Qudos Bank offers some great points of difference for borrowers who may have had limited choice of lenders when seeking a home loan for a small apartment, larger acreage properties and multiple dwellings on one title.”
The announcement has been welcomed by Mortgage Choice’s regional franchise network.
Mortgage Choice franchise owner in Woodend and the Macedon Ranges in Victoria, Peter Machell, said: “Our team is absolutely thrilled about the addition of Qudos Bank to the Mortgage Choice lender panel.
“Many of our customers seek home loans for land zoned as rural farming or rural residential, and the reality is that these borrowers often have a limited choice of lender.
“It’s great that we can continue to cater to their needs by offering these customers more choice.”
Also commenting on the announcement, Qudos Bank’s broker relationship manager, Rob Maloney, said: “We look forward to expanding our footprint through this partnership with a nationally recognised brand. Mortgage Choice is one of six mortgage aggregators on our broker panel.
“We recognise the valuable contribution the broker channel provides Australian borrowers and look forward to reaching more customers via the 500 brokers in the Mortgage Choice network.”
According to Ms Dupont-Brown, Mortgage Choice’s partnership with Qudos Bank aligns with its strategy to broaden its panel of lenders and cater to customers’ needs.
“Together with Qudos Bank, we look forward to helping even more Australians realise their dreams of property ownership,” she said.
Mortgage Choice will begin offering Qudos Bank’s wide range of basic and packaged home loan products from July 2019.
[Related: Loan Market adds new lender to panel]