02/06/15 - Borrowers save up to 55bps with new rate reductions
BMM's new Capital Specialist Gold Alt Doc products have been realigned with 2 former products merging to allow for some borrowers to save up to 55bps. Not only this, but Capital Specialist Gold has expanded to allow both Cat 1 & 2 securities, and reduced its requirements for ABN down to only 12 months, previously being 24 months. These changes will help more customers qualify for lower rates. By merging 2 former products into one simplified competitive product, BMM is narrowing the gap for those borrowers who are not quite as strong credit wise. It is a good trend to see for both customers and brokers some of whom may be returning to this market segment of recent times, says Managing Director Murray Cowan. BMM has reduced interest rates across all its Alt Doc and Specialist loan product options, with the Ultimate Alt Doc loan now starting from a low 5.24% p.a. The Ultimate Alt Doc still provides borrowers with up to 70% LVR with no risk fee or LMI, and unlimited cash out for personal or investment use. Our Connective Broker partners continue to have access to our competitive range of Alt doc and Specialist loans. BMM provides a "one stop shop" for brokers looking for Alt Doc or Specialist loan options and has a wide variety of loan options to suite those borrowers who may fall 'outside the square' With access to over 10 different wholesale funders and over 40 different loan products that are not widely distributed by other providers, BMM has the potential to deliver better solutions to its Connective broker partners. To find out more about our range of Alt Doc or Specialist loan options, call or email us at firstname.lastname@example.org 1300 662 661
19/12/14 - BMM Celebrates 15th Anniversary
Better Mortgage Management (BMM) has capped off another year of achievement with the company celebrating 15th years of operation. In acknowledgement of their important role in the company's achievements, BMM's business partners and service providers joined staff in celebrating fifteen successful years since inception. BMM founder and Managing Director Murray Cowan said the 15th birthday celebration function was an opportunity to pay tribute to all the various people and organisations which have helped build the company into one of Australia's leading mortgage managers.
27/08/14 - BACK TO BACK! - BMM voted NON BANK OF THE YEAR 2014
Better Mortgage Management has been crowned Australia's non-bank of the year in a survey of mortgage brokers for the second year in a row, previously winning the same award in 2013. BMM has access to over 10 different wholesale funders and over 40 different loan products, representing market leading Alt Doc products starting at 5.39%, with no LMI or Risk Fee to 70% LVR. Thank you to all our brokers for your continued support in helping us achieve No 1 in the MPA Non-Bank survey. Also, thank you to our funders, service providers and all BMM staff for their continued dedication and support
01/06/14 - Introducing the NEW AND IMPROVED BMM Application Form!
BMM now offers Brokers an Application Form that can be completed on your computer! Save, send, email, and forward the BMM Application form easily and quickly - eliminating the hassle of filling it out by hand! Want to use your Company logo instead of ours? No problem! Become accredited with BMM and we provide you with your own branded Application Form!
05/05/14 - BMM offers Market Leading Alt Doc Product - starting from 5.39%
BMM's latest innovation is a Prime Alt Doc loan for self-employed borrowers at a rate of 5.39% up to 70% LVR. Called Flexi Ultimate, it provides more flexibility such as unlimited cash out at prime interest rates and no LMI or risk fees up to 70% LVR. Ask your BDM for more information
20/08/13 - BMM voted best non-bank of 2013 by mortgage brokers
In the annual MPA Magazine survey of brokers on non-bank lenders, BMM has been voted No.1 overall and in 7 of the 13 categories including product innovation, interest rates and credit policy. Thanks to all brokers, staff, funders and other stakeholders for their support, we look forward to continuing to invest in new products and enhanced services
11/01/13 - BMM launches new Lo Doc loan
BMM has lauched our new Capital Specialist range of loans which offer many features not previously widely available in the market including unlimited cash out up to 80% LVR. If you require more information please contact our customer service team on 1300 662 661 and they will be happy to assist
18/04/12 - BMM No.5 in Top Ten Non Bank Report 2012
In The Adviser magazine's Top 10 non bank lender report, BMM has been ranked 5th after being ranked 8th in the previous year. This is the 4th consecutive year BMM has been ranked in the top 10 and we would again like to thank all our customers, business partners and staff for another strong year
08/08/11 - Other services for mortgage brokers now includes automotive finance!
BMM can now offer our accredited mortage brokers access to automotive finance, vehicle/equipment leasing and personal loans without completing a new accreditation via our new partnership with Aussie Bike Auto and Boat loans Pty Ltd. aussieloans.com.au have been operation for over 11 years and they will take your client through the whole process from application to settlement. Auto loans compliment our existing other services including professional development and can be accessed by logging into our website and clicking on the "Other Services" tab
04/04/11 - BMM again ranked in top 10 loan originators in Australia
BMM has again been ranked no. 8 amoung the top 10 loan originators in Australia. We are pleased that our loan solutions, including our excellent Lo Doc loan solutions, continue to be recognised in the industry and we'll strive to continue delivering innovative products and quality service.
21/12/10 - BMM granted Australian Credit Licence
BMM has been granted an Australian Credit Licence (no. 389 612) as part of the Federal Government's new regulation of the home lending industry. We support the Government's regulation of the home lending industry and beleive it will lead to better outcomes for borrowers.
06/04/10 - BMM again ranked in top 10 originators in Australia
BMM has been ranked 9th in this year's The Advisor report to find Australia's top 10 mortgage originators in 2010. Despite a challenging 2009 in the lending market, BMM continues to grow by developing new products and delivering high service levels to our mortgage introducers and their customers.
31/03/09 - BMM ranked in top 10 originators in Australia
BMM has been ranked 8th in the inaugural Mortgage Business report to find Australia's top 10 mortgage originators in 2009. The rankings were based on a number of measures including service to Introducers and number of loans written during the past year. As one of Australia's top mortgage originators, BMM is well placed to offer Introducers and their customers a quality alternative to the big banks.
26/08/08 - BMM open for business in W.A!
Better Mortgage Management has been granted an Finance Broker's Licence by the Western Australian Government, allowing Introducers and their customers in the west to utilise our extensive product range! BMM will continue to build our presence in the W.A. market in coming months but in the meantime if you have a scenario please call 1300 857 275 and we will be happy to assist.
07/07/08 - Meet your new P.A.L. - BMM's new loan placement guide
Are you frustrated by the fact you know BMM can help with almost all residential lending scenarios but you don't know where or how to find the best product? Are you looking for an easy online search page which will provide you with the products you are interested in with just the click of a mouse? Sounds like you need a P.A.L......or to be precise BMM's new Place a Loan Guide! Recent feedback from surveys indicated that while our extensive product range (over 50 different products) greatly assist our Mortgage Introducers when assessing scenarios, it can be sometimes difficult and time consuming going through all our product sheets to find solutions. To help you find a suitable BMM product to meet your customers needs quickly, we have developed a new loan placement guide called 'PAL' (place a loan). PAL includes all our products and their specifications on one easy to use interface, allowing you to search via several categories to find the loan/s that are available to suit your customer's needs. Your PAL is ready for testing via you BMM login now, so be sure to check it out when you get a chance and tell us what you think!
16/03/2008 - BMM Staff Shave to Help find a Cure for Leukaemia
After three weeks of intense fundraising, the BMM team has raised over $2000 by sacrificing (or colouring) and donating the proceeds to charity as part of the Leukaemia Foundation's Shave for Cure week. Seven staff, including Managing Director Murray Cowan, took part in the BMM 'Shave Off' in return for sponsorship. The majority of the donations was recieved from the mortgage industry including brokers, funders and mortgage insurers. The money raised will be donated to help provide better and more flexible treatment for cancer patients and their families and to fund research for a cure. BMM would like to thank all sponsors for their donations.
16/07/2007 - BMM Finalist in 2007 Australian Mortgage Awards
BMM has been announced as one of 5 finalists in the category of Industry Service at the prestigious Australian Mortgage Awards to be announced in Sydney on September 14. BMM is the only non-bank lender nominated in this category, with the other nominees all large banks. The team at BMM is very proud of this nomination which we believe again demonstates how high Mortgage Introducers value our products and services.
29/03/2007 - BMM voted among top five non-bank lenders in Australia
BMM polled strongly in MPA Magazine's annual survey of Mortgage Brokers to find Australia's best non-bank lenders, scoring top five rankings in three categories - Product Range, Approval and Turnaround Time and Broker Support. We were also only one of four non-bank lenders to be highly recommended across three or more categories. We won't be resting on our laurels though - look out in coming months for more enhancements to the way we do business!
24/11/2006 - Better Mortgage Management reaches $1Billion in settlements
Leading Australian Mortgage Manger Better Mortgage Management (BMM) has reached another significant milestone with loan settlements since inception reaching $1 Billion. The $1B milestone caps off a memorable month for BMM with the company also re-locating its Brisbane head office to spacious new premises in deal which includes naming rights of the building. Formed in 1999 by managing director Murray Cowan, BMM is now one of Australia’s fastest growing companies, featuring twice in BRW Magazine’s prestigious Fast 100 report.
16/08/2005 - BMM unveils new generation loan tracking
Mortgage Introducers will have the opportunity to experience the next generation in loan tracking, including SMS updates of loan status, with the next upgrade of Better Mortgage Management’s innovative BetterTrak system. The new generation BetterTrak now incorporates automatic SMS message updates in addition to the existing email service, automatically informing introducers of the status of their loan applications. BetterTrak issues updates for every stage of the loan application including receipt of application, ordering and receipt (including result) of valuations, Mortgage Insurance and funding approval and final settlement confirmation. The enhancement of the updated BetterTrak system follows months of research by BMM into the needs of mortgage introducers when tracking their loans.
05/11/2004 - BMM Turns Five!
Tonight, Better Mortgage Management celebrated its 5th anniversary since inception with a function in Brisbane. On behalf of BMM’s staff, Managing Director Murray Cowan would like to thank all the individuals and organisations which over the past five years have helped build the company into one of Australia’s fastest growing mortgage managers.
14/10/2004 - BMM Ranks Highly in 2004 BRW Fast 100 Report
Better Mortgage Management has reaffirmed its standing as one of Australia’s fastest growing mortgage managers following the company’s 18th placing in the prestigious 2004 BRW Fast 100 Report. The result marks the second consecutive year BMM has been ranked in the Fast 100 report, which showcases Australia’s fastest growing businesses and the hard working people behind them. BMM would like to thank all our mortgage introducers, customers and service providers for helping make this achievement possible.
30/06/2003 - BMM Launches Online Loan Tracking System 'BetterTrak'
BMM Introducers now have access to the convenience of online loan tracking of their BMM Loan Applications via our new BetterTrak platform. BetterTrak has been developed following extensive consultation with our Introducers and automatically sends Intoducers a status email for each major stage of loan application processing. In addition, Introducers can reveiw the status of their loan applications at any time online via BMM's website.