Mortgage choice, one of Australia’s major mortgage franchises, has exceeded $1bn worth of mortgages in December.
“Over the last 12 months, Mortgage Choice has significantly grown its loan writer numbers. At the beginning of 2014, we set ourselves the ambitious target of growing our loan writer numbers by 50.
“Not only did we manage to do just that, but those loan writers are now starting to hit their strides, which is helping our mortgage settlements to grow month after month,” outgoing chief executive Michael Russell said.
Russell said the settlement milestone of $1.087bn is also considered by the company a tribute to the ongoing tenacity of its existing brokers.
“For the last 18 to 24 months, our loan writers have been run off their feet catering to the growing demand for home loans.
“Our brokers continue to take advantage of the spike in home loan demand and are using this time as an opportunity to grow their business and bottom lines,” he said.