‘Uber for home loans’ is shaking things up
HERO Broker has been around for only a few weeks, and already the do-it-yourself home loan service has signed up a billion dollars in loans. The service, which has been described as an Uber for home loans, eschews your traditional broker, using an online platform for clients to find their own home loan deal.
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Banks bringing back the personal touch
Clint Howen, the founder of HeroBroker, who also made arguments to the commission review, has encountered first hand the barriers for a new company trying to disrupt the $1.6 trillion home loan market. HeroBroker is an online platform that allows customers to broker their own home loan – essentially cutting out one of the largest parts of the financial system, mortgage brokers.
Founder of controversial 'be your own broker' model has hit a nerve, but it works
Innovative start-up Hero Broker is attempting to revolutionise the mortgage broking industry by empowering every day Aussies to “be their own broker” and earn commission in the process.
Fintech start-ups threaten mortgage broking old guard amid royal commission heat
The emergence of fintech disrupters to the lucrative mortgage broking industry is being driven by three key dynamics. Take, for example, Hero Broker. It launched two weeks ago with a mantra to redirect the savings from its technology efficiencies back to customers.
