PLAN Australia has bolstered its lending panel by adding a new bank to the mix.
Earlier this morning the aggregator announced it had added ME Bank to its panel in a bid to provide its members with a deep array of lenders that can provide products to suit clients of all financial positions.
PLAN Australia chief executive officer Trevor Scott said the appointment of ME Bank would boost its members’ customer proposition.
“ME Bank has proven a competitive force in the home loan market. Flexible, fair and competitively-priced home loans are at the heart of ME Bank’s lending ethos and these qualities are front and centre for most home buyers,” he said.
“We are committed to providing our members with lending solutions that meet the needs of all clients, and affordable home loan products such as those offered by ME Bank are invaluable to our members’ proposition.”
The appointment of ME Bank to the PLAN Australia lender panel will also enable members to tap into a new market of more than five million industry and union superfund members.
“ME Bank is owned by some of the largest industry super funds in Australia, with more than $180 billion in funds under management and more than 5 million members Australia-wide,” Mr Scott said.
“This new partnership will help PLAN Australia members reach a whole new market and we are proud to make ME Bank products available to our members.”
ME Bank will offer two main product suites via PLAN Australia brokers: the Member Package, which can be taken with a 100 per cent offset facility or an interest only option for investors, and the Super Member Home Loans, a fully featured range of low cost home loans.