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Brighten partners with Quickli for enhanced broker support

Publication Date: Monday, 1 March 2024
This article originally appeared in Australian Broker.

The move aims to improve loan serviceability and product visibility

Brighten Home Loans has teamed up with Quickli, a lending service calculators platform, to offer improved broker support and expand the reach of its loan products.

Chris Meaker (pictured above), Brighten’s director–head of distribution, highlighted the company’s focus on listening to and meeting broker needs.

“By equipping brokers with advanced tools and effective products, we empower them to serve our mutual clients more effectively,” Meaker said.

Brighten has introduced more than 15 policy enhancements aimed at improving loan serviceability and streamlining the application process. Notable changes include a reduced servicing buffer and an alternative servicing criterion for eligible refinancing loans, designed to meet the diverse needs of borrowers more effectively.

The partnership is expected to significantly increase the visibility of Brighten’s products among brokers, enhancing the company’s service impact.

Quickli’s platform facilitates a seamless experience for brokers, allowing for a single input of client information and delivering accurate serviceability results alongside relevant lender policies.

Eric Dill, co-founder and co-CEO of Quickli, expressed enthusiasm for the partnership, highlighting a shared commitment to using technology to support and educate brokers.

“As we move into 2024, serviceability remains a key focus for both brokers and customers,” Dill said. “We are thrilled to welcome Brighten to our lender panel. Our mutual commitment to leveraging technology to empower and educate brokers is what has brought us together.”

Early last month, Brighten Home Loans announced more than 15 policy enhancements, including a reduction in its servicing buffer to 2% above the applicable rate. And in January, the non-bank lender welcomed mortgage industry veteran Jason Azzopardi as its new chief CEO.