Joust and Nectar Mortgages to ease the home loan application process, one of Australia’s leading online home loan marketplace, announced a partnership with Nectar Mortgages, one of the fastest growing mortgage brokering businesses in Australia. The two companies will work together to effectively provide Australian borrowers with a fast, easy, seamless home loan application process. 

What does Joust bring to the partnership?

Joust helps borrowers connect with the right lenders and brokers, empowering them to make informed decisions so they can hit their financial goals. Borrowers who use the platform to refinance loans save on average $3,500 per year on their monthly repayments.

The Joust platform also enables brokers to obtain highly qualified leads in real-time, enabling a faster customer experience for the customer, but also ensuring a constant flow of lead generation for brokers to scale their businesses. Nectar Mortgages will obtain highly qualified prospective customers through Joust’s Instant Match and Live Auction platforms.

The aggregator will provide Joust clients with a transparent, top customer experience and a fantastic range of options without the stress and hassle of comparing different lender offers.

What does this mean for Joust and Nectar Mortgages?

Carl Hammerschmidt, Chief Executive Officer at Joust

Joust CEO Carl Hammerschmidt commented, “This partnership comes as the broker market continues to grow in scale with borrowers increasingly wanting the personalised service that brokers can provide. Partnering with Nectar will allow Joust to provide consumers with a fantastic choice and breadth of offerings through the Nectar network, while at the same time the Joust platform will provide Nectar brokers with fantastic market share.”

Nectar Mortgages General Manager Stephen Harris said, “Partnering with Joust gives us access to more clients who we can help save time and money in the home loan process.” 

“The Joust platform helps our brokers to scale their businesses, monitor and improve business performance and target the right customers. This is a great opportunity for us to grow our franchises, and for our broker network to build long term relationships with clients.”