Higher Selection companions with VOW Monetary

Higher Selection, a non-bank lender inside the BNK Banking Group, has introduced a brand new partnership with VOW Monetary to reinforce its industrial mortgage choices for brokers.

In line with Paul Bakker (pictured), nationwide gross sales and partnership supervisor, Higher Selection is dedicated to offering brokers with various mortgage options.

“Whether or not it’s for an alt doc mortgage underneath our final product vary, or a industrial mortgage specialising in alt doc, lease doc, and SMSF Straightforward Refi, we’ve got at all times been the go-to for brokers on the lookout for an alternate mortgage resolution,” Bakker stated in an emailed assertion.

On the opposite aspect of the partnership, Glenn Mitchell, VOW’s head of economic and gear finance, praised Higher Selection for its aggressive product choices and environment friendly back-office operations.

“We’ve been keeping track of Higher Selection for some time now and consider there are numerous similarities in how our two organisations function,” Mitchell stated.

The partnership between Higher Selection and VOW Monetary was formally launched on the VOW Business Convention held final week in Adelaide.

As a part of its current upgrades, Higher Selection has launched options akin to industrial time period and alt doc loans with 25-year phrases with out annual evaluations, SMSF Straightforward Refi, and choices for money out as much as 70% LVR, together with an accountant-preferred declaration type.

New nationwide industrial supervisor named

Along with unveiling the partnership with VOW Monetary, Higher Selection introduced the promotion of Shay Lena from NSW industrial supervisor to nationwide industrial supervisor.

On this new function, Lena will lead the corporate’s industrial section, supported by a workforce of enterprise specialists targeted on helping brokers with industrial financing. He may also assist brokers set up new referral networks with numerous monetary professionals.

“As the brand new nationwide industrial supervisor, Shay might be answerable for our rising industrial providing, which might be additional improved by our current collaboration with VOW Monetary,” stated Bakker.

What are your ideas on this story? Be at liberty to remark beneath.