{"id":8414,"date":"2023-06-20T09:26:38","date_gmt":"2023-06-19T23:26:38","guid":{"rendered":"https:\/\/brighten.com.au\/resources\/media-centre\/afg-and-brighten-announce-white-label-partnership\/"},"modified":"2023-06-20T09:38:46","modified_gmt":"2023-06-19T23:38:46","slug":"afg-and-brighten-announce-white-label-partnership","status":"publish","type":"media-centre","link":"https:\/\/brighten.com.au\/zh-hant\/media-centre\/afg-and-brighten-announce-white-label-partnership\/","title":{"rendered":"AFG and Brighten announce white label partnership"},"content":{"rendered":"\n<p>Publication Date: Tuesday, 20 June 2023<br><em>This article originally appeared in<\/em>&nbsp;<em><a href=\"https:\/\/www.theadviser.com.au\/aggregator\/44471-afg-and-brighten-announce-white-label-partnership\" target=\"_blank\" rel=\"noreferrer noopener\">The Adviser<\/a><\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/brighten.com.au\/wp-content\/uploads\/2023\/06\/article-banner-1024x576.jpg\" alt=\"\" class=\"wp-image-8411\" srcset=\"https:\/\/brighten.com.au\/wp-content\/uploads\/2023\/06\/article-banner-1024x576.jpg 1024w, https:\/\/brighten.com.au\/wp-content\/uploads\/2023\/06\/article-banner-300x169.jpg 300w, https:\/\/brighten.com.au\/wp-content\/uploads\/2023\/06\/article-banner-768x432.jpg 768w, https:\/\/brighten.com.au\/wp-content\/uploads\/2023\/06\/article-banner-1536x864.jpg 1536w, https:\/\/brighten.com.au\/wp-content\/uploads\/2023\/06\/article-banner.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><em><strong>AFG brokers will soon be able to access a new white label product, funded by Brighten Home Loans.<\/strong><\/em><\/p>\n\n\n\n<p>Australian Finance Group (AFG) has formed an alliance with <a href=\"https:\/\/brighten.com.au\/zh-hant\/\" target=\"_blank\" rel=\"noreferrer noopener\">Brighten Home Loans<\/a> to create a new white label loan for AFG Home Loans.<\/p>\n\n\n\n<p>The collaboration aims to provide more options for AFG brokers and their customers.<\/p>\n\n\n\n<p>While the details of the loan product(s) are yet to be announced, the group expects to launch the new products to its broker network in the first quarter of the financial year 2024.<\/p>\n\n\n\n<p>Speaking of the partnership, AFG highlighted Brighten\u2019s range of prime and near-prime offerings, which focus on helping&nbsp;\u201cunderserved\u201d&nbsp;segments of the mortgage market, such as self-employed loans, alternative-documentation loans, mortgages for expats and non-residents, and bridging finance.<\/p>\n\n\n\n<p>Hayden Cush, the national sales manager at AFG Home Loans, commented:&nbsp;\u201cAFG Home Loans has always prided itself on the breadth of products we\u2019re able to offer our brokers and their customers.<\/p>\n\n\n\n<p>\u201cBy further expanding this product range, we\u2019re also expanding the diversity of customers our brokers are able to assist\u2026<\/p>\n\n\n\n<p>\u201cAFG\u2019s purpose is to create a fairer future for all Australians. By expanding our offering to underserved segments of the mortgage market, we help provide options to home buyers and drive much-needed competition in the lending market.<\/p>\n\n\n\n<p>\u201cBrighten has access to some unique funding sources that complement our offering and create more competition in the market.<\/p>\n\n\n\n<p>\u201cThis alliance will provide lending solutions our brokers don\u2019t have access to at the moment, which is exciting,\u201d adding that development is already underway on the products.\u201d<\/p>\n\n\n\n<p>Chris Meaker, Brighten\u2019s national sales manager, said the non-bank was \u201cthrilled\u201d to partner with AFG to enable more brokers to access \u201ceffective and innovative lending solutions and to help more home buyers achieve their goal of home ownership within Australia\u201d.<\/p>\n\n\n\n<p>He added that the bank prides itself on its service offering to brokers and its 48-hour service-level agreement.<\/p>\n\n\n\n<p>The new partnership will expand on AFG Home Loans\u2019 existing range, which includes white label arrangements with Bendigo and Adelaide Bank, Thinktank, Pepper Money, and Advantedge as well as home loans funded by AFG\u2019s own securitised products (under&nbsp;AFG Securities).<\/p>\n\n\n\n<p>AFG Home Loans is&nbsp;the sixth-largest lender for home loan lodgements within the AFG network (according to the&nbsp;<a href=\"https:\/\/www.theadviser.com.au\/aggregator\/44037-afg-s-combined-loan-books-near-200bn-in-1h23\" target=\"_blank\" rel=\"noreferrer noopener\">group\u2019s half-year results<\/a>) and settled $2.3 billion in the first half of FY23.<\/p>\n\n\n\n<p>It remains the only non-bank in the top 10 for residential mortgages, with volumes for the March 2023 quarter representing 5.3 per cent of the total AFG lodgement volume.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AFG brokers will soon be able to access a new white label product, funded by Brighten Home Loans.<\/p>\n","protected":false},"author":1,"featured_media":5536,"menu_order":0,"template":"","meta":{"_acf_changed":false},"categories":[35],"tags":[],"class_list":["post-8414","media-centre","type-media-centre","status-publish","has-post-thumbnail","hentry","category-media-centre-zh-hant"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AFG and Brighten announce white label partnership | Brighten<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brighten.com.au\/media-centre\/afg-and-brighten-announce-white-label-partnership\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AFG and Brighten announce white label partnership | Brighten\" \/>\n<meta property=\"og:description\" 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