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Melbourne, Australia

Mortgage Choice franchise opens its doors to new lender

Australian Franchise News – 21-08-12


Australia’s largest independently-operated mortgage broker, Mortgage Choice is pleased to announce the expansion of its lender panel to include Citibank.

This exciting new addition brings the number of lender panel members, which consist of major and second tier banks, building societies and credit unions, to 27.

Mortgage Choice CEO, Michael Russell said the move is part of a host of initiatives designed to better satisfy the expanding financial needs of the company’s diverse customer groups.

“Our customers are asking for more options and with the help of Citibank’s comprehensive product offerings and competitive pricing, we can deliver more to them,” said Mr Russell.

“In recent times, Citibank has reaffirmed its desire to increase their home loan market share in Australia and we have seen a glimpse of this commitment during our negotiations. It is fantastic to add another enthusiastic and customer focused lender to our panel.”

Citibank commenced consumer banking operations in Australia in 1985 when it was one of the first foreign banks to be granted a licence. By combining local expertise with the strength of Citibank’s worldwide consumer banking network, it is able to offer a leading range of financial services.

Head of Mortgages for Citibank Australia, Vibha Coburn said the lender’s inclusion on the Mortgage Choice panel was great news.

“We are very excited to have joined the Mortgage Choice panel and look forward to working with what are regarded as some of the industry’s most productive and professional brokers,” she said.

“Citibank’s goal is to provide Mortgage Choice customers with more great choices. We remain committed to providing a comprehensive and competitive range of mortgages, as well as award-winning transaction accounts, highly rated credit cards and global banking services which are unrivalled. We look forward to a great relationship with Mortgage Choice and its brokers.”

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