Powered by MOMENTUM MEDIA
the adviser logo
Lender

Non-bank adds funder

by Staff Reporter3 minute read
The Adviser

Staff Reporter

LJ Hooker Finance has appointed a new funder for its self-branded home loan range.

Adelaide Bank joins ING DIRECT and Advantedge to become LJ Hooker Finance's third funder and will allow the non-bank to launch a new suite of home loans called 'maximiser'.

Through the new LJ Hooker 'maximiser' suite of home loans, the non-bank lender will offer its broker network access to a full range of fixed rate products as well as a 100 per cent offset account, relocation loan and secured Visa card option.

"Throughout 2011, the team at LJ Hooker Finance has been working to develop a comprehensive product range and compelling proposition for our broker network," LJ Hooker head of finance Peter Bromley said.

"The addition of the third funder has been part of a longer term growth strategy to boost LJ Hooker Finance's product range, broker network and overall loan volumes."

Mr Bromley says that the inclusion of a third funder will also enable the non-bank lender to provide a complete and competitive suite of LJ Hooker Finance branded products to its network of more than 100 brokers.

"With a full product range, LJ Hooker Finance's broker network will be able to attract and retain customers whether they are building a home, buying their first home or refinancing," Mr Bromley said.

default
magazine
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