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MFAA Prosper : Mortgage and Finance Brief 06
Matthew Bransgrove, Partner email@example.com Kate Cooper, Partner firstname.lastname@example.org Mortgage and Litigation Experts Homeloans eyes expansions with new adver tising campaign Homeloans has launched an advertising campaign aimed at building its brand across the country. The campaign incorporates TV, online and print advertising and features rugby league legend Shane Webcke (pictured) and the current captain of the Fremantle Dockers AFL team, Matthew Pavlich. “Our objective for the next 12 to 24 months is to increase the loans generated through our retail channel, while maintaining our strong third party position,” says the company’s founder and managing director Tim Holmes. Homeloans has also begun to increase its presence in Victoria, with independent brokers in the Melbourne suburbs of Oakleigh and Mornington coming into the fold. These agencies join the Homeloans offices in Melbourne’s CBD and Berwick. Pepper offers introductor y discounted rate for self-employed Pepper Home Loans has launched a 0.5% introductory discount on the rate for its Self-Employed Advantage Loans. The loan has been designed for self-employed customers or small business owners who have difficulty providing traditional forms of income documentation. It can be used for property transactions, to consolidate debts or to raise working capital for business. The discounted rate will be in effect for the first 12 months of the loan and it will not require lenders mortgage insurance. “ Pepper strongly believes that the term ‘lo-doc loan’ is misleading and is now spearheading an industry-wide drive to bust the myths once and for all,” says Pepper Chief Operating Officer David Holmes. “ Low documentation loans should no longer be thought of as a poor second cousin and instead as a responsible, alternative form of lending.” Mortgage Choice has purchased HelpMeChoose.com.au, the mortgage comparison website. The site can generate tens of thousands of home loan leads every year that are then distributed to more than 60 professional mortgage broking firms across the country. This is Mortgage Choice’s second acquisition in 11 months after purchasing mortgage aggregator LoanKit. “ The purchase marks an exciting strategic investment for the company given that over 70% of our home loan leads are currently sourced online,” says Mortgage Choice CEO Michael Russell. Mor tgage Choice acquires home loan leads website NoticeBoard
Mortgage and Finance Brief 05
Mortgage and Finance Brief 07