Finsure reaches 1000 broker milestone

Mortgage aggregator Finsure Finance & Insurance has recruited its 1,000th broker less than five years since it was founded.

Finsure Managing Director John Kolenda said experienced residential lender Bill Dale has joined the Queensland Finsure team to become the 1,000th broker.

It is one of Australia’s fastest growing aggregation businesses.

“Bill has settled $250 million in the past two years at BOQ Specialist, and he has recently launched his new brokerage BD Professional Mortgages."

Mr Kolenda said the speed of Finsure’s growth, which includes surpassing $1 billion in settlements, had exceeded his expectations.

The company was ranked second overall by BRW Magazine in its 2015 top 100 Fast Starters list and the company was ranked second when the SmartCompany top 50 was named to celebrate Australia’s fastest growing SMEs in 2014-15.

Mr Kolenda said mortgage brokers are becoming increasingly important in the highly competitive home finance market during an unprecedented era of low interest rates.

“More than 50 per cent of Australian home loans are now written by mortgage brokers.”