TNP latest to launch mortgage broker group
Insurance adviser group The National Partnership (TNP) has set up a mortgage broking arm which is to be headed by NZ Mortgage Brokers Association boss Darren Pratley.
Wednesday, January 12th 2011, 5:00AM 
7 Comments
by Jenha White
TNP managing director Jeff Page says TNP Home Loans is the third component to its product offering after the recent launch of TNP Wealth Management.
Page says the aim of the new opportunity is to provide mortgage brokers with a model that supports their business around quality mortgage advice coupled with insurance and sound household financial advice.
"TNP Home Loans will be working with mortgage advisers that have an understanding of the new opportunities in the new regulated environment and it will provide the stepping stones to assist development of their businesses to generate more income from quality clients."
He says having the NZMBA chairman and chief executive Darren Pratley as part of the team also enhances the unique qualities it brings.
Pratley says it is a very exciting opportunity to help build a home loan environment that is about success and opportunity.
He says TNP Home Loans has a software platform that provides both mortgage and insurance support, a sales school, educational and support focus and a programme called TNP assist to help advisers with regulation applications, lending administration and compliance.
Pratley's Home Loan Group (HLG) and HLG Insurances will also be joining TNP.
"It allows us to enhance our offering as it will provide the group with further options and training to enhance the existing platform and extend the options for the group to a wider audience," he says.
TNP Home Loans will also benefit insurance advisers, Page explains, as they will not only have the opportunity to refer leads to mortgage brokers, but a training and accreditation programme will also offer them the opportunity to get into the mortgage broking industry.
Jenha is a TPL staff reporter. jenha@tarawera.co.nz
| « Bank switching easier with new rules | Kiwibank cuts one-year rate to match floating » |
Special Offers
Comments from our readers
Brokers also need to remember that if it were not for the banks themselves (lobbying on our behalf to the Government) we would ALL have been made to go through authorisation at an est upfront cost of some $6,000+ to most of us for training through the ETITO. At a time when the market is not by any means busy this would have seen most brokers exit the market which would have disadvantaged the consumer immeasurably. Thankfully the government had enough smarts to realise this and made authorisation optional. The NZMBA & ETITO were pushing for all mortgage brokers to be authorised, the NZMBA just so it could show it had some relevance still with training administration etc. When you have an association/organisation that promotes a self serving agenda its membership will naturally over time diminish.
It's good to see that like myself you backup your comments with your real name and do not hide behind using only a first name.
John i do agree a lot with what you have to say as there are many pros and cons with the new regulations coming in to force, however in the long run what we are having to go through will be very positive to our profession
Commenting is closed
|
|
Printable version |
|
Email to a friend |
That is a great news of the new year.
cheers
Support Gupta(Prateek Gupta)