Five reasons to consider white-label loans

A white-label loan is essentially a home-branded loan, much like the home-branded products you
see in the supermarket aisles. Like these products, white-label loans aim to deliver many of the
same great features as bank-branded home loans, but for a lower cost to you the customer. A
trend seen in supermarkets over recent years has been not only an increase in the range of whitelabel
options on offer, but also an increase in the quality of those products. This trend has
continued to the extent that white-label products are now frequently of equal, or near equal, quality
as their branded counterparts.

In the same way, banks across Australia provide ‘unbranded’ mortgage products to brokers,
which increases the range of options within the market and offers customers competitive rates to
generate valuable savings. Ultimately, it’s still a high quality product and service, just re-branded
with a different name.

Here are five reasons why should you consider a white-label loan
Simplicity is key in white-label products, and they are perfect for home-buyers looking for a
straight forward variable or fixed rate loan.

White-label loans are quality, cost-effective and flexible. They offer you all the features you
need (like redraw, debit card access and a customer care facility) in a home loan, and you
don’t have to pay for additional features you are unlikely to use.

Through white-label, you essentially receive a better deal because it’s not branded with the
name of a big bank and doesn’t carry the cost of providing access to an expensive branch
network that you may not need. It’s like a reward for shopping around, and doing your
research through a broker.

You can only access white-label loans through your broker – this means you are getting
access to a product many in the market aren’t aware of, and you can take advantage of
your broker’s expertise and guidance.

Saving on price does not mean you are compromising on quality or service. Through whitelabel,
you still get access to expert support teams and the facilities to give you quick
turnaround times.
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Talk to your broker today about white-label, and whether it is right for you.