Speed-dating to become regular non-bank event
Last Wednesday nine lenders, Avanti, Bluestone, First Mortgage Trust, Heartland, Liberty, NZCU Baywide, RESIMAC, Southern Cross Partners, and Spotcap hosted the event to showcase their products to the adviser channel.
The next special events are due for March 2019, with Christchurch believed to be one of the destinations in line to host.
Sandra Algar, an adviser at Mortgage Link, said the event helped the industry "broaden their horizons". She added: "It’s important to know about specialist lending options – for some clients, it could be the difference between getting the lending they need and not.”
Bernie Upton of The Home Loan shop said the event was useful, despite using major banks for most of his business: "It was excellent. In our business we’re probably dealing 95 per cent with the ‘main thing’, but there’s a lot of applications that don’t fit their criteria, especially in the changing environment we’re operating in now. It was good for us to see how the specialist lenders collaborate with each other, and allow us to collaborate with them to get efficient outcomes for customers.”
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