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Aussie Home Loans has announced it has added industry super fund-owned bank ME to its panel of lenders.
The brokerage said ME’s competitive interest rates and solid reputation for having a simple product range tailored to individual borrowers is a natural fit for Aussie’s customers.
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“Our brokers and franchisees have been driving for ME’s presence on our panel since it changed its policy to allow non-industry super fund members as customers,” Aussie CEO James Symond said.
“ME’s simple but targeted product range will bring even greater depth and choice to the Aussie panel. It will be introduced to over 500 Aussie brokers at our biennial sales conference in August, and we expect our full network of well over 1,000 mobile and retail brokers and franchisees Australia-wide to be trained, accredited and lodging ME loans by October.”
ME chief executive Jamie McPhee said the bank was delighted to be partnering with Aussie.
“It’s a major boost for our brand and ability to reach new customers, and we expect the partnership will grow strongly into the future,” he said.
The announcement comes after Aussie posted a record $20 billion in home loan settlements across the group in 2014-15, including $16.8 billion through its brokers and franchise stores.
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