Here at People’s Choice, we’ve taken another step in growing our home lending offering by launching into Victoria’s broker market. With this, we’re promising a decision on home loans in just two working days.
“It’s a new benchmark for the industry,” said Maria-Ann Camilleri, People’s Choice Chief Member Officer.
Until recently, People’s Choice exclusively sold mortgages through our proprietary team in Victoria. With this launch, we’re expanding further into the state and into Melbourne, with a number of brokers from our current aggregator partner, PLAN, and more exciting growth to come.
“We’ve grown our residential lending portfolio with our own lenders faster than industry averages over the past few years, but we recognise that many people prefer to use a broker,” Ms Camilleri said.
Our new partnership with mortgage brokers in Victoria includes:
- A time-to-decision of just two working days, which is a new industry benchmark,
- A dedicated, experienced support team located in Melbourne,
- A new broker portal, designed to make interacting with People’s Choice as fast and easy as possible, and
- A highly competitive range of home loans.
- Mortgage brokers in Melbourne will now be able to point to an organisation that’s focused on its members, with People’s Choice regularly receiving industry awards for outstanding customer satisfaction.
People’s Choice is well established in Victoria, with a mobile lending team and sites in the Melbourne CBD, Knox, Caroline Springs, Mernda, Ballarat and Warrnambool.
People’s Choice also recently extended its sponsorship of the Western Bulldogs AFL side into a fifth consecutive year.
What is a mortgage broker?
A mortgage broker specialises in helping people find home loans. They do this by dealing with both home loan applicants and lenders, acting as a middle-person between these two parties. They suggest home loans and lenders to applicants, depending on what the applicant wants and needs.
How can a mortgage broker help me?
You can use a mortgage broker no matter where you are in your homebuying journey – you could be a first home buyer or refinancing your home loan. By getting to know you and your situation, a mortgage broker can help you understand how much you can borrow, the difference between home loans, and how costs like interest rates and application fees work. A broker can also help you with the home loan application process and manage this through to settlement.
If you choose to use a mortgage broker, remember to check if they are licensed. You can do this by visiting ASIC Connect's Professional Registers. Enter their details and choose ‘Credit Registered Person’, ‘Credit Representative’ or ‘Credit Licensee’ in the ‘Select Register’ drop-down menu.
If you’re buying a home and want to know more about what we offer, you can check out all of our home loans here.