Publication Date: Wednesday, 09 September 2020
This article originally appeared in Australian Broker
Non-bank lender Brighten Home Loans has announced a new partnership with LJ Hooker Home Loans, the mortgage lending affiliate which offers branded home loans to real estate group LJ Hooker.
According to Brighten head of distribution Natalie Sheehan, the new partnership is sure to benefit both parties, simultaneously supporting LJ Hooker’s Home Loans’ growth strategy while providing additional distribution opportunities for Brighten products.
“This arrangement marks the continuation of a busy year for Brighten,” said Sheehan.
“In January we secured an additional $250m tranche of funding through a warehouse facility with an international bank, followed by the formation of a partnership in April with leading mortgage aggregator Vow Financial, which has over 1,250 mortgage brokers.
“Other partnerships are being negotiated as Brighten continues to grow at a rapid pace, thanks to our ability to provide brokers with a streamlined product offering, a simple and competitive pricing structure, and a superior service proposition.”
LJ Hooker Home Loans has over 20 years of experience in the non-bank mortgage market with 26 franchisees operating across Australia and a loan book of over $4bn.
LJ Hooker Home Loans CEO Paul O’Regan echoed Sheehan’s excitement over the potential outcome of the groups’ new arrangement.
“We look forward to building a long-term partnership with Brighten through technology, product offerings and providing a better experience to our borrowers,” he said.
“This relationship serves as a great opportunity for LJ Hooker Home Loans to expand and diversify our home loan solutions.”
LJ Hooker Home Loans head of product and marketing Jeff Chapman praised Brighten’s products as a valuable addition to the group’s existing offerings.
He said, “Brighten is a market leader in the Australian non-resident lending space and is developing new domestic home loan products. Brighten complements our business and will give our customers greater choice.”
Their ability to work with clients with such high customer service level and fast processing speed is incredible.
I have been working with my BDM, Mikai Ning, for two years. Since meeting her, she has continued to impress me with her professionalism, her efficiency, and her patience to listen and explaining all information. Even during pregnancy period, she even said to me personally that if there is anything I require, that Mikai is still contactable and will get back to me as soon as she can. Her attitude is always super nice and is highly passionate about what she does. I have been in this field for so many years and she is the best BDM I have worked with.
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Mikai is a very passionate and proactive person. Our work with Mikai has is nothing but positive outcomes and we look forward to continuing working Brighten and Mikai.
My BDM Leo Liu has been a great help in assisting me setting up the referral program and educating in terms of products and knowledge. I look forward to the greater relationship with Brighten Home Loan and Leo Liu.
Mikai is our BDM and she is a very detail oriented with great work ethic and speed. If there is a policy update, she will always try and get in touch with us as soon as possible to ensure that we received and understand the relevant changes so that we can better accommodate our clients. Thank you for your ongoing support to us brokers.
It has been very convenient with the interest rates being lower also. Brighten home loan was able to solve so many problems for overseas clients. Big thanks to BDM Mikai for all her support.
I need to thank my BDM Liwen Liu. She has been very responsible since the beginning. She is always patient with my home loan scenario enquires. She always tries to do best for the clients. Liwen is very professional, always gives good advice to brokers. She is an excellent BDM. Thank you.