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Connective today announced that it has achieved three consecutive months of record settlements, with the aggregator eclipsing the $1billion milestone in May, June and July.
Connective principal Mark Haron said the aggregator’s average monthly settlements had previously been sitting just shy of the $1billion mark.
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“We've previously come very close to reaching the milestone, but to actually surpass the target, and to do so across three consecutive months, is very satisfying" Mr Haron said.
“Aggregators often experience spikes in lending volumes due to the seasonal nature of home lending. We’ve now achieved three record months of settlements and set a benchmark that we’re confident we’ll be able to consistently reach moving forward.
"This achievement is testament to the dedication of our member brokers and is a reminder of the opportunities which still remain despite challenging market conditions.
"We've dedicated significant resources to ensuring that our member brokers have the tools and knowledge to source and write more business and they are clearly stepping up to the challenge.”
Mr Haron said Connective was well placed to build on its ongoing success despite testing market conditions.
“We strongly believe that all market challenges can be overcome and we’re very focused on assisting our brokers to not only navigate any obstacles but to improve their businesses,” he said.
