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BMM joins AFG panel

by Annie Kane10 minute read
BMM joins AFG panel

The mortgage lender has joined Australian Finance Group’s lender panel, enabling the aggregator’s 3,000 broker network to access the mortgage manager’s products.

Non-bank lender Better Mortgage Management (BMM) specialises in alt doc loans for self-employed applicants and first home buyers.

The mortgage manager has now joined the AFG lender panel, enabling the group’s brokers to access products that were previously not available.

BMM managing director Murray Cowan said the partnership would provide significant opportunity for both businesses to increase loan volumes.

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“We had feedback from many AFG brokers who encouraged us to approach AFG regarding our addition to the AFG lender panel. Some of those brokers we have dealt with in the past, and they recommended us to AFG management,” Mr Cowan said.

“Partnering with AFG gives us access to greater distribution through their network of almost 3,000 aligned brokers. 

“This gives us an opportunity to offer our products to more brokers that have clients with specific loan requirements, and our team is looking forward to the challenge.”

AFG’s head of sales and distribution, Chris Slater, welcomed the new addition to the panel, noting the lender’s ongoing commitment to offer AFG brokers and their customers solutions.

“BMM has shown over a long period of time that they are dedicated to the broker channel and their diverse range of funding solutions provide real choice for brokers and their customers,” Mr Slater said.

“We look forward to working with Murray, head of credit Steve Galdona, Ian Truscott and all the BMM team.”

The launch and individual mortgage broker accreditations will be conducted over the next few weeks on a state-by-state basis, starting with BMM’s home state of Queensland.

[Related: Mortgage manager announces new product suite]

afg office

AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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