PSIS starts using more brokers to sell its home loans

Wednesday 3 March 2004

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

By The Landlord

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.

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