Specialist mortgage lender Better Choice Home Loans has continued its national expansion with the announcement of two key appointments to its sales team.
Simon Adler has joined Better Choice as State Manager for New South Wales while Perth-based Paul Grant is the new Relationship Manager for South Australia, the Northern Territory and Western Australia.
The appointments follow Better Choice’s recent acquisition of Queensland-based financial services group NationalCorp Home Loans.
Adler was previously with Gateway Credit Union and has more than 30 years’ experience in the financial services industry. Grant comes from Oak Lending and has more than 20 years’ experience in the industry in roles such as regional manager for WA and the Northern Territory at Australian First Mortgage.
Better Choice chief operating officer Natalie Sheehan said the company was focussed on continuing to grow its business and was looking to further boost its sales team.
Better Choice, more particularly known for being a specialist lender, is also enjoying record volumes under its prime product suite which offers market leading interest rates for owner occupied and investment home loans, according to Sheehan.
“We are experiencing strong demand from both owner occupiers and investors which highlights how a non-bank can be a real alternative to the major banks,” she said.
“With nine funding lines, Better Choice offers an increasingly diverse range of solutions to our introducers. We can lend to investors up to 95% loan to value ratio (LVR) for interest-only loans, while many banks are restricting investment interest-only loans to 80% LVR.
Better Choice last year consolidated Iden Loan Services, Future Financial and Pioneer Mortgage Services under the Better Choice brand and is now providing prime residential loans to owner occupiers and investors, in addition to its core Specialist product range.