Misc

PSIS starts using more brokers to sell its home loans

PSIS has signed up mortgage broking aggregator Allied Mortgage Brokers (AMBL) to sell its home loan products through its member brokers.

Wednesday, March 03rd 2004

This follows just over a year of a trial program in the Wellington region using only two groups of brokers, Approved Mortgage Brokers and Property Pack.

PSIS chief executive Girol Karacaoglu says his company will also continue selling through its trial partners, but that it isn’t ready to sign up with other broker organisations yet.

"We’re gradually expanding the network. In our case, the issue is the capacity to use a wider network without disappointing the brokers as well as the ultimate customers," he says.

"One of the key differentiating factors we have is approving or declining a particular application within a couple of hours. The issue with us is whether we can maintain that service while expanding," Karacaoglu says.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 4.15
SBS FirstHome Combo 4.29
ICBC 4.49
Kainga Ora 4.59
TSB Special 4.69
SBS Bank Special 4.69
Co-operative Bank - First Home Special 4.74
AIA - Go Home Loans 4.75
Unity Special 4.80
Co-operative Bank - Owner Occ 4.84
China Construction Bank 4.85
Kainga Ora 4.95
China Construction Bank 4.95
ICBC 4.99
AIA - Go Home Loans 5.25
TSB Special 5.25
Unity Special 5.29
SBS Bank Special 5.29
Co-operative Bank - First Home Special 5.29
Kiwibank Special 5.39
Co-operative Bank - Owner Occ 5.39
ASB Bank 5.45
Westpac Special 5.49
SBS Bank Special 5.49
BNZ - Std 5.49
AIA - Go Home Loans 5.59
ASB Bank 5.59
ICBC 5.65
Kiwibank Special 5.69
Kainga Ora 5.69
Co-operative Bank - First Home Special 5.89
Co-operative Bank - Owner Occ 5.99
TSB Special 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.20
Co-operative Bank - Standard 5.34
Co-operative Bank - Owner Occ 5.34
ICBC 5.39
Kainga Ora 5.79
TSB Special 5.79
Heartland Bank - Online 5.80
SBS Bank 5.84

More Stories

Can the NZ economy grow while house prices stagnate?

Thursday, July 09th 2026

Can the NZ economy grow while house prices stagnate?

The question of whether the New Zealand economy can grow much without a recovery in the housing market remains a live issue.

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.