Non-bank lender ORDE Financial is helping brokers grow, develop and diversify their businesses.
The lender wants to support mortgage professionals this spring and assist them to make the most of a bustling real estate market. It focuses on residential, commercial and SMSF and only accepts loan applications from mortgage brokers.
ORDE Financial national distribution executive Lee Prior (pictured above) said he understood brokers needed a fast lender partner who moved just as quickly as they did.
“We’ve made some changes to demonstrate our commitment to their teams and the efforts brokers make to help their customers realise their home ownership dreams and commercial property goals sooner,” Prior said.
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“Our point of difference is encompassed in the Power of One. We are a single united lending team across BDMs and credit assessors focused on customer service and delivering a fundamental shift in the broker experience.
“This means providing consistently fast service levels across product types, alongside using technology to enable more opportunities for brokers and providing more support through relevant broker education.”
Prior said ORDE Financial’s commercial product suited borrowers looking for a flexible and straight-forward solution with LVRs up to 75% and maximum lending up to $2 million, with some refreshed competitive rates and 30-year loan terms with no annual reviews.
“We offer mortgage solutions for brokers and borrowers backed by commercial real estate whether for business premise or for investment in commercial real estate, either individually, special purpose vehicle, or via the clients SMSF,” he said.
“Our commercial product is designed to provide a simple easy-to-understand long-term solution for customers with no annual reviews, a 30-year loan term available across all products and securities, which also comes with an available full redraw with no ongoing fees. This means we’re able to keep pace to support brokers over this key financial period in the year.”
Prior said ORDE Financial will be launching a new mobile broker portal next year.
“This, alongside our existing borrower portal will further enhance our broker experience and digital capabilities,” he said. “Make sure you look out for ‘MyORDE’ in the app store.”
‘Orde Financial currently have a $0 no application fee promotion for eligible brokers.’
