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Non-bank launches funding program

by Staff Reporter8 minute read
The Adviser

Staff Reporter

In a bid to ramp up its competitive position in the mortgage space, Australian First Mortgage has re-launched the Alternate Funding Program to accredited Mortgage Brokers.

The Alternate product range is a flexible alternative to mainstream funding available to a broad range of customers.

Australian First Mortgage’s national head of sales Clint Hawthorne said the re-launch would further strengthen the non-bank’s value proposition to brokers, adding to the funding opportunities already available through our other funding options.

“We are continuing to introduce new funding opportunities and develop a flexible suite of products for our broker customers to remain competitive and provide our accredited brokers with viable alternatives to the major banks. The program caters for self -employed applicants who have traded less than two years and applicants who have unique circumstances where they need to seek alternative funding arrangements other than mainstream funding. We encourage all brokers to call your Australian First Mortgage business manager to find out more,” he said.

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