The best-performing brokers with MCAP will have access to a new line of credit called Fusion from this week. The mortgage lender is making the new product available to mortgage brokers who do at least 100 deals with the company in a year or who do deals of at least $25 million in a year. The non-bank lender says it has launched the new product in response to demand from its network of independent mortgage brokers. Its rate at launch is prime plus 0.50 per cent.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: