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In a bid to introduce some festive cheer to its brokers, Future Financial will roll out a series of positive product changes.
The mortgage manager is gearing up to reduce the pricing on its low doc loans by at least 0.50 per cent and reduce rates on all of its balanced, future and premium products.
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Future Financial’s general manager Troy McLachlan told Mortgage Business that the company was also gearing up to launch a whole new range of ‘choice products’ to their broker channel.
“We have added a new wholesale funder to our panel, and as such, we will now offer a whole new suite of products to our brokers,” he said.
“We are also offering cheaper rates, new product guides, rate sheets and fact sheets for our brokers.”
According to Mr McLachlan, the company, which provides wholesale funds for residential and investment loans through the mortgage broker network only, has enjoyed a solid couple of quarters and hopes the trend will continue into the new year.
“The loyalty we have shown our funders and brokers together with some of the tough decisions we have had to make over the last 18 months are starting to pay dividends for the company and volumes are definitely on the up again".
"We are looking forward to launching another round of positive changes in the New Year to kick off what is going to be a busy 2010 as more borrowers start to look beyond the banks and want to deal with reputable non-bank lenders who provide quality customer service,” he said.
"We are definitely starting to see a swing in borrower and broker sentiment towards non-bank lenders.”
