the adviser logo

Neobank joins Buyers Choice lender panel

by Malavika Santhebennur3 minute read

    ta     ta

86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel.

Following on from the neobank’s partnerships with aggregators Vow Financial and Specialist Finance Group, 86 400 has now joined the lending panel of Buyers Choice, making its home loan products available to the group’s accredited brokers.

Commenting on the agreement, Buyers Choice director Brett Mansfield said: “86 400’s smarter approach to mortgages transforms the process of buying a home for Australians.

“We look forward to working with the team to provide our brokers and home buyers an entirely digital experience through these unprecedented times.”


86 400 national manager, broker distribution, George Srbinovski said: “We’ve covered some serious ground with our home loans product over the recent months, working with our initial group of brokers.

“As the industry adjusts to doing business remotely, our home loans allow brokers to continue their work while safely practicing social distancing. The entire process can be managed electronically, from VOI (verification of identification) done via a mobile phone to expense and income data collection and signing forms online.”

86 400 entered the mortgage market in November 2019, launching a suite of home loan products available via the broker channel.

The challenger bank launched the home loan products just over two months after launching its “Pay” and “Save” deposit accounts.

It recently announced that it has hired two additional business development managers to assist its growing broker market.

[Related: Neobank expands broker BDM team]

Neobank joins Buyers Choice lender panel
TheAdviser logo

Malavika Santhebennur

Malavika Santhebennur


Malavika Santhebennur is the features editor on the mortgages titles at Momentum Media.


Mark hewitt

AFG GM to join MFAA board

Mark Hewitt, general manager, industry and partnership development at Australian Finance Group (AFG) will commence as...

Possibl co founders

Early commission payment loans open to full broker market

Following its launch of an early commission payment product to brokers using the effi platform, cash-flow solutions...

David Keeling

Grow expands structured finance, appoints senior partner

According to Grow Finance (Grow), David Keeling’s appointment, which commenced on 11 April, is part of a broader...

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