Digital company WLTH has expanded its broker network by announcing a new partnership with franchise brokerage, Nectar Mortgages. This new collaboration will see WLTH’s suite of lending products be made available to a network of over 110 brokers which could mean a potential $300-$500m in extra annual lending for the Brisbane-founded company.
What does the partnership mean for brokers?
This helps Nectar to reach new clients and introduce them to home loan products to ease cost of owning a property. Brokers can now offer competitive digital loans, and faster loan processing and approvals, increasing their volume of successful mortgage conversions. Also, every WLTH loan settled by Nectar’s network of brokers will contribute to cleaner oceans.
Each WLTH loan settled funds the clean-up of 50sqm of the Aussie coastline, with all Visa debit cards associated with WLTH offset accounts made of recycled Parley Ocean Plastic®. Accredited brokers will also have access to the WLTH Broker Portal, which has the latest product updates, announcements and offers, so clients can access to the latest information.
What does this mean for WLTH and Nectar Mortgages?
Brodie Haupt, CEO and co-founder of WLTH, said that since the highest interest rate hikes in over a decade, Aussies are focused on securing the best home loans and are searching for better deals. “As interest rates are steadily rising, more homeowners and potential buyers are looking for help from qualified experts to lock in better deals. We are thrilled to partner with Nectar to deliver quality mortgage broking services to consumers,” Haupt said.
“The new generation of homeowners in Australia are more aware about how their financial choices affect the environment. This is where WLTH comes in. We’re paving the way for those who are looking to make a positive impact with their mortgage without compromising on their budget– and the clean-up of the Australian coastline is a great way to start.”
“We are proud to continue as industry disruptors and provide a smarter alternative for homeowners who want to reach their goals in a more sustainable way,” he added.
Stephen Harris, General Manager of Nectar Mortgages, commented, “Our partnership with WLTH strengthens Nectar’s offering to residential and commercial lending clients by providing additional solutions to meet their constantly evolving financial requirements.”
“We take corporate responsibility seriously and support a fantastic charity, Children’s Cancer Institute. It’s great to add a like-minded lender to our panel, creating further opportunities for our clients to select a home loan that makes a positive impact on the planet,” Harris said.
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