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Scarborough-based broker makes it into the top 25 of iconic industry ranking
By: Mortgage Professional Australia
"After a year of record-breaking home loan figures, in which broker market share reached a new high, it's no wonder the settlement numbers of 2021's MPA Top 100 Brokers have also smashed records," says Mortgage Professional Australia editor Rebecca Pike. "To find the Top 100 Brokers in 2021, MPA asked brokers across the industry to submit the total value of loans they had written over the last financial year. In the submission form, brokers were also asked to state the number of loans they had written so MPA could determine their average loan size."
"Brokers were also asked for their figures from the 2020 financial year to show how much their loan values had changed since then, as well as for the proportion of interest-only loans on their books, and their conversion rates. The Top 100 list was determined simply on the value of loans written between July 01, 2020, and June 30, 2021, with the highest value of loans ranking in first place."
A lot has changed in the 20 years since Avis started out as a broker. The director of finance at Specialist Mortgage remembers a time when loan applications required no compliance paperwork – "you just submitted the application with the client's supporting documents and that was it!"
Then along came the banking royal commission to churn up the playing field for everyone, not least the expat borrowers Avis deals with. "From about 2012, expat lending changed a lot in regard to requirements and how foreign income was assessed, with a lot of supporting documentation needed. It's been challenging, but there's always a solution, right?"
After two decades, this is the first time Avis has put herself forward for any award. She's now glad she did and encourages other brokers – especially women – to do the same. "We work so hard, and it's great to be recognised for the work that you do!"
Read the full report in issue 21.12 of Mortgage Professional Australia, out now or find out more about Avis click HERE (https://www.mpamag.com/
MPA is published by independent media company Key Media. In conjunction with the print and online publications, Key Media also produces several mortgage and finance industry events including the Australian Mortgage Awards. Find out more about Key Media's magazines, events and websites at www.keymedia.com.