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The mortgage brokerage has announced a new partnership and plans to expand its operations into the Sunshine State.
Mortgage brokerage Resolve Finance and Funding.com.au (Funding) have announced a new partnership to “enhance opportunities for brokers and their clients”, allowing Resolve Finance’s brokers to access Funding’s suite of bridging, business and building loan products.
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Funding specialises in short-term loans secured by property, which can allow borrowers to “benefit from same-day approval and settlements within 48 hours”.
According to Funding, its state-based business development managers (BDMs) and Gold Coast-based credit team work closely with brokers to present flexible offerings while its proprietary built software platform allows for efficient credit underwriting.
Chris Maamoun, national sales and partnership lead of Funding stated that customers are seeking “streamlined and efficient lending solutions” as the mortgage market continues to evolve.
“Brokers are turning to Funding for a few reasons, to work with a reliable, experienced and reputable lender and to offer our diverse product offering to their clients,” Mr Maamoun said.
“We seek like-minded partners who share our vision and philosophy, Resolve is one of those partners.”
Resolve Finance managing director Don Crellin said: “Partnering with Funding gives our mortgage brokers access to versatile and innovative products to help our customers achieve their home finance goals.”
Resolve’s expansion into Qld
Along with the partnership with Funding, Resolve Finance is looking towards Queensland for east coast expansion as its broker numbers reportedly continue to grow over the last 12 months.
Speaking at Resolve’s national conference on the Gold Coast, Mr Crellin commented that the company is “excited about the opportunities that Queensland offers”.
“The robust property market, surging interstate migration, and the upcoming 2032 Olympics present a unique landscape of growth and prosperity. We look forward to working closely with our clients and partners in Queensland,” he said.
Resolve confirmed it has welcomed five new brokers and franchisees into its Queensland network following its entry into the state after the appointment of state manager Rob Engels in 2021.
Funding partners with aggregator
Prior to the partnership with Resolve Finance, Funding announced that it partnered with aggregator Finsure, opening up its bridging business and building loan products to Finsure’s accredited brokers.
Funding founder and chief executive Jack O’Reilly stated brokers are turning to the platform for “two key reasons”: for the ability to offer Funding’s product offering to clients and to work with an “established lender in the bridging finance space”.
“When we established Funding in 2015, our core mission was to become a property lender that brokers really could depend on – a ‘safe haven in rough weather’,” Mr O’Reilly said.
“As we continue to deliver on that mission, it is imperative that we partner with organisations that share our value proposition – Finsure is one of these partners.”
[RELATED: Funding.com.au partners with Finsure]
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