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SMSF lender joins AFG panel

by Reporter4 minute read
SMSF lender joins AFG panel

A new lender has been appointed to AFG’s panel, providing the aggregator’s broker network with access to a new SMSF credit product.

The Australian Finance Group (AFG) has announced that Granite Home Loans has joined its lender panel, providing the aggregator’s broker network with access to the non-bank’s self-managed super fund (SMSF) offering.

According to AFG’s head of sales and distribution, Chris Slater, the partnership was established following consultation between its broker network and Granite Home Loans co-founder and director Bridget Sakr and head of marketing and business development Yianni Socratous.  

“We invited a core group of brokers from across the country to join an information session with Bridget Sakr and Yianni Socratous from Granite to see if there was interest,” he said.

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“Our brokers were clear they wanted AFG to continue building the panel and provide more options, so we are very pleased to be adding Granite’s SMSF product to the platform.

“In addition, AFG has a relationship with Bridget that goes back a long way, and it’s great to be working with her again.”

Ms Sakr said the non-bank was committed to providing a “full service” offering, tailored to the “needs of today’s borrowers and brokers”.

“We pride ourselves on service, offering a commitment to AFG brokers of 48-hour first touch, including a full assessment and issuing a tailored indicative offer,” she said.

Ms Sakr revealed that Granite Home Loans would soon launch a new “Equity Keeper” refinance product and would relaunch its “No LMI Professional” product once market headwinds abate.

“Thanks to the team at AFG for the seamless onboarding, and I’m excited to be working closely with [Mark Hewitt] and Chris again, and appreciate their ongoing support,” she added.

Mr Slater concluded: “The addition of Granite to the panel confirms AFG’s commitment to expand the options available to customers of AFG brokers in the SMSF space.”

[Related: Non-bank extends broker channel presence]

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