Acceptable Loan Purposes: 

• Purchase of residential property up to 90% LVR with no LMI.
• Purchase of brokerage.
• Establishment of new brokerage.
• Finance for underwriters (including companies, partnerships or sole traders).

Approval Criteria (Exceptions May Apply):

For Insurance Brokers:

• Minimum of 5 years industry experience.
• Minimum of 3 years experience running a successful insurance broking/underwriting business.
• Strong and stable personal financial position.
• Evidence of current AFS licence.
• A minimum of $150,000 per annum annual profit or salary.

For Insurance Underwriters:

• Copy of all current binder agreements.
• Minimum total Gross Written Premium (GWP) $1m.
• Break-up of GWP placed with various Insurance Companies.
• Minimum number of product lines: 3.
• No one supplier is to exceed 30% of the Underwriting Agency’s GWP.

Why Use Naritas?

• Market leading processes & technology powering the fastest approval times.
• Extended support hours & our leading edge customer service system equipping you with access to our mobile apps, support portal and live chat for access to advice & support when and where you need it.
• Advisers & staff that you can trust that are experts in their field.
• A track record of successful outcomes for our clients that sees them return to us as opposed to going to the lender directly.
• Access to most of the best loans, with the cheapest rates from a huge variety of Australian lenders.
• Value adds such as free valuations, custom engineered advice and dedicated support for the life of your loan.