By: Jessica Darnbrough
Red Rock Mortgages has launched a new website that allows brokers to input loan scenarios and receive tailor made loan specifications to suit their clients’ individual, specific financial needs.
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According to the company’s lending manager Melanie Burns, the website, www.loanscenarios.com.au, provides brokers with timely loan facility quotations.
“With a focus on customer usability, Loanscenarios.com.au is a web portal aimed at providing referrers with the best possible interface for uploading client information in return for accurate loan specifications tailor made to suit the clients’ needs,” Ms Burns said.
“There are a multitude of websites out there that promote broad products and rates without ever providing any insight into the lenders credit policies behind such products. We believe this is a fundamental problem within the industry. Many products appear attractive, on the face of it, but dig a little deeper and you will quickly learn that what looks appealing may not necessarily suit a particular borrowers’ situation.
“To combat this problem, loanscenarios.com.au provides us with all the details we require by way of a concise snapshot into the borrowers circumstances, enabling us to then apply our knowledge of credit policy to a particular borrowers needs and ultimately provide them with the appropriate mortgage solution.”
Ms Burns said another feature of the website is its usability.
There are no lengthy application forms to complete or misinformation about ‘ambit rates or LVRs’ without knowing about clients’ circumstances. There is no phoning around, no need to scour the internet and no bidding and auction like conditions that have to be navigated.