the adviser logo

Loan market expands lender panel

by Hannah Dowling4 minute read
Loan Market

The major brokerage has introduced a new lender to its panel, partnering with a non-major lender to bring its total panel to 61 lenders.

Loan Market has announced that it has welcomed Virgin Money to its lending panel, bringing its total number of lenders to 61.

To continue reading the rest of this article, create a free account
Already have an account? Sign in

Loan Market said the BOQ subsidiary provides a “unique” product opportunity to the market with its home loan products that offer Velocity Frequent Flyer points on settlement and on regular anniversaries of the loan.

Loan Market chief commercial officer Stephen Scahill welcomed the partnership with Virgin Money as a strategic move to provide optimal outcomes of Loan Market customers.


“Whilst our lender panel continues to grow quickly, we approach every new partnership with a strategic mindset: How will this provider help our brokers provide better outcomes for customers?’’ said Mr Scahill.

He added that he believed the lender was “committed to making finance solutions simpler and delivering a unique customer experience”.  

Greg Boyle, chief executive of Virgin Money, added: “We’re excited by this new partnership with Loan Market and its brokers. 

“Our Reward Me Home Loan gives brokers access to a unique product, which gives their customers more choice and helps deliver great outcomes for their business.”

[Related: Loan Market welcomes new lender]

Loan market expands lender panel
loan market new ta
TheAdviser logo
loan market new ta

Hannah Dowling

Hannah Dowling


Hannah Dowling is a journalist for The Adviser and Mortgage Business.


You need to be a member to post comments. Register for free today


mark pesce futurist ajxjkn

Automation is changing, not replacing, the role of finance brokers

On Thursday (4 August), the Australian Financial Review (AFR) ran a story with the headline: “Finance brokers top...

des hang carbar zaheer jappie carclarity ta qtvnqr

CarClarity confirms partnership with car subscription platform

Established in March 2020, CarClairty is a finance platform that connects car buyers with more than 30 different...

anthony albanese profile ta vtpifc

Further grants confirmed for flood survivors, $47m pledged

According to a statement released by the federal government, the Back Home grant will be made available to impacted...

Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more