Finsure Thrive: What Is It (And How Does It Help Mortgage Brokers)

Feeling overwhelmed by the ever-evolving tools and platforms promised to make your mortgage brokering life easier?

You’re not alone.

Many brokers find themselves navigating a sea of technology that doesn’t quite hit the mark.

But what if there’s a solution designed specifically with you in mind?

Enter Finsure Thrive—a platform aiming to revolutionise your workflow and help you stay ahead in a competitive market.

Let’s explore what Finsure Thrive is all about and how it can make a real difference in your business.

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What Is Finsure Thrive?

Finsure Thrive is a product developed to enhance the services available to mortgage brokers. It is funded by Thinktank, a leading provider of commercial property loans, and aims to expand Finsure’s offerings in both commercial and residential lending.

One of the standout features of Finsure Thrive is its SMSF lending option, which caters to brokers working with clients who manage their own superannuation funds. This addition reflects Finsure’s commitment to providing tailoured solutions that meet the diverse needs of brokers and their clients.

Key Features And Benefits

Finsure Thrive offers a range of features designed to empower mortgage brokers.

One of its key benefits is access to property market updates from a lender’s perspective. These updates provide brokers with valuable insights that can help them make informed decisions and better advise their clients.

Another significant feature is the advanced SMSF education provided through Thrive. Brokers receive regular updates and training, ensuring they stay informed about the latest trends and regulations in SMSF lending.

Additionally, Thrive supports brokers in their marketing and engagement activities, helping them attract and retain clients.

Target Audience

Finsure Thrive is specifically designed for mortgage brokers who are looking to expand their service offerings.

It is particularly beneficial for brokers who want to offer both commercial and residential loan options to their clients.

The initiative also caters to brokers who need specialised SMSF lending solutions. By addressing these niche requirements, Finsure Thrive enables brokers to serve a broader range of clients and stand out in a competitive market.

Understanding Finsure Loans Thrive

Finsure Thrive is part of the broader Finsure Loans initiative, which was rebranded from MyLoan.

This rebranding reflects a commitment to simplifying and unifying lending solutions for brokers and their clients.

The goal of Finsure Thrive is to provide a superior experience for both brokers and customers. By offering a comprehensive range of services and support, Thrive ensures that brokers can meet the diverse needs of their clients with ease.

Technology And Support

One of the ways Finsure Thrive supports brokers is through technology.

The initiative provides tools that streamline the loan application process, making it faster and more efficient for brokers and their clients.

In addition to technology, Thrive offers continuous updates and educational resources. These resources keep brokers informed about market trends and financial developments, enabling them to provide better advice and services to their clients.

Broker-Centric Benefits

Finsure Thrive is designed with brokers in mind.

It provides direct support through dedicated Finsure Loans Business Development Managers (BDMs), who work closely with brokers to address their needs and challenges.

The initiative also reinvests into the broker channel, strengthening broker-client relationships and improving service delivery. This focus on brokers ensures that they have the tools and support needed to succeed in a competitive industry.

Types Of Services Offered By Thrive

Finsure Thrive offers a wide range of services to meet the needs of both commercial and residential clients.

These services are designed to be transparent, cost-effective, and tailoured to the unique requirements of each client.

Commercial Loan Features

For commercial clients, Thrive offers loan terms of up to 30 years with a Loan-to-Value Ratio (LVR) of up to 80%.

These loans do not require annual reviews, providing clients with greater stability and peace of mind.

Additionally, Thrive ensures transparency by eliminating recurring fees and hidden margin adjustments. This approach makes its commercial loan offerings both competitive and reliable.

Residential Loan Services

Thrive’s residential loan services are equally impressive.

They include tailoured solutions that address the diverse needs of residential clients, ensuring that brokers can offer options that align with their clients’ financial goals.

The initiative also introduces innovative loan options, allowing brokers to cater to a wide range of customer profiles. This flexibility enhances the value that brokers can provide to their clients.

Finsure Thrive’s Impact On Mortgage Brokers

Finsure Thrive is more than just a suite of services—it is a game-changer for mortgage brokers.

By expanding their service offerings and providing valuable support, Thrive helps brokers grow their businesses and strengthen their client relationships.

Boosting Business Prospects

One of the primary ways Thrive benefits brokers is by boosting their business prospects.

The initiative enables brokers to offer a wider range of solutions, attracting more clients and meeting their diverse needs.

Thrive also plays a crucial role in strengthening broker-client relationships. By providing enhanced solutions and support, brokers can build trust and loyalty with their clients, ensuring long-term success.

Expansion And Market Position

Finsure Thrive contributes significantly to Finsure Loans’ growth and presence in the lending market.

By increasing the range of solutions available to brokers, Thrive helps reduce channel conflict and improve competitiveness.

This expansion not only benefits brokers but also enhances Finsure’s position as a leading provider of lending solutions. The initiative reflects a commitment to innovation and excellence in the mortgage broking industry.

Partnership And Collaboration

The success of Finsure Thrive is largely due to the collaboration between Thinktank and Finsure.

This partnership combines Thinktank’s expertise in commercial property loans with Finsure’s commitment to supporting brokers.

Together, they have created a comprehensive service that meets the needs of brokers and their clients. This collaboration highlights the importance of partnerships in delivering high-quality solutions and driving industry growth.

Finsure Thrive is a testament to the power of innovation and collaboration in the mortgage broking industry. By providing brokers with the tools, support, and solutions they need, Thrive empowers them to succeed in a competitive market. Whether it’s through advanced SMSF education, tailoured loan options, or dedicated support, Finsure Thrive is helping brokers take their businesses to the next level.

Track My Trail Team

The Track My Trail Team develops software to simplify trail book management for mortgage brokers. Their tools provide fast and practical insights to help brokers get the most out of their trail books.