New mortgage enterprise launched


A brand new boutique mortgage broking agency has been launched with a concentrate on connecting brokers with aggressive finance choices throughout Australia.

Primarily based in Potts Level, Leo Loans & Finance has been shaped by Patrick Leo, an actual property company specialising in funding gross sales and property administration, to ship a personalised mortgage broking service to the Australian property-buying market and cater to the rising demand for refinancing from owner-occupiers and traders throughout Larger Sydney.

“Leo Loans was shaped in response to rising demand from our purchasers,” mentioned James Nihill, managing director of Patrick Leo. “It is going to ship a seamless and totally built-in service to our traders, streamlining the borrowing course of, and enhancing efficiencies by eliminating the necessity for them to cope with a number of exterior events.”

Nihill mentioned traders continued to be significantly lively, with present rates of interest being much less of a barrier to purchasing than within the owner-occupier market.

“Funding exercise stays buoyant, pushed by market fundamentals of sturdy rents, low vacancies, and excessive inhabitants development mixed with the forecast scarcity in housing provide in most capitals,” he mentioned.

Helming Leo Loans & Finance as head of finance is Kurt Ackermann (pictured above), a seasoned dealer with a powerful monitor file of success and years of expertise at high-profile banking establishments together with the Commonwealth Financial institution and HSBC.

“It’s a brutal market on the market in 2023, and it has by no means been extra essential to make sure debtors have entry to assured lending recommendation and the very best merchandise obtainable,” Ackermann mentioned.

In a press release, Leo Loans & Finance mentioned it’s dedicated to delivering a extremely personalised service and sourcing aggressive and versatile residence mortgage merchandise tailor-made to the person wants of every borrower, whereas on the similar time, streamlining the house mortgage approvals course of, to take the stress out of portfolio-building and first homeownership.

Patrick Leo, proprietor of Leo Loans & Finance was shaped in 2014 by Managing Director James Nihill, a completely licensed property agent with greater than 26 years of monetary providers and real-estate expertise. The specialist funding actual property company holds actual property licenses in Queensland, New South Wales, Victoria, and Western Australia, and presents funding gross sales, property administration and consultancy providers.

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