Aussie Home Loans expanding despite recession


8 May 2009

Aussie Home Loans has announced that the money lender is expanding despite the recession and looking to expand its operations. Aussie Home Loans plans to recruit more advisors and franchisees after it announced that it has doubled its monthly lending values.

Aussie lending values are now over $2 million after the company successfully acquired its competitor Wizard Home Loans from GE Money. Currently, Aussie Home Loans has on its books over 800 mortgage advisors nationally with plans for all 111 Wizard outlets to be changing over to the Aussie Home Loans brand, building upon the current 140 stores. This move makes Aussie the biggest non-bank financial services group in Australia.

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