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One of Australia’s largest aggregators has added another lender to its 40-strong panel.
Connective, which has more than 2,000 brokers on its books, has added non-conforming loans specialist Bluestone to its panel of lenders and service providers, according to director Mark Haron.
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“Our comprehensive lender panel gives brokers access to all the major lenders and services providers to help diversify their income,” he said.
“The non-conforming sector is fast becoming a growing opportunity for brokers and Bluestone’s offering is absolutely critical to this exciting market.”
Bluestone returned to the lending market in 2012, a move Asia-Pacific general manager Peter Wood said has been well received.
“Brokers and aggregators have welcomed the much-needed competition we bring and the opportunity to broaden their offering, and this is further demonstrated through our addition to the Connective panel,” he said.
“Bluestone provides a suite of purpose-specific products that help a wide range of borrowers obtain mortgage finance that hasn’t been attainable through a traditional lender – and as the market continues to grow, we plan to regain our status as the non-conforming lender of choice.”
UPDATE: Due to a technical issue, an outdated version of this story was originally published. It has since been replaced by the correct version.
