Joust partners with Nectar Mortgages to give Australians a smooth home loan application process

28 NOVEMBER 2022, SYDNEY –, Australia’s leading online home loan marketplace, today announced a partnership with Nectar Mortgages, one of the fastest growing mortgage brokering businesses in Australia.

The two companies will work together to provide Australian borrowers with a fast, easy, seamless home loan application process.

Joust helps borrowers connect with the right lenders and brokers, empowering them to make informed decisions so they can reach their financial goals. Borrowers who use the Joust platform to refinance their loans save on average $3,500 per year on their monthly repayments.

The Joust platform also enables brokers to obtain highly qualified leads in real-time, enabling a faster customer experience for the customer, but also ensuring a constant flow of lead generation for brokers to scale their businesses.

Nectar Mortgages will obtain highly qualified prospective customers through Joust’s Instant Match and Live Auction platforms. The aggregator will provide Joust customers with a transparent, world-class customer experience and a fantastic range of options for their home loan needs without the stress and hassle of comparing different lender offers.

Nectar Mortgages General Manager Stephen Harris said, “Partnering with Joust gives us access to more customers who we can help save time and money in the home loan process.”

The Joust platform helps our brokers to scale their businesses, monitor and improve business performance and target the right customers. This is a great opportunity for us to grow our franchises, and for our broker network to build long term relationships with clients.

Joust CEO Carl Hammerschmidt said, “This partnership comes as the broker market continues to grow in scale with borrowers increasingly wanting the personalised service that brokers can provide. Partnering with Nectar will allow Joust to provide consumers with a fantastic choice and breadth of offerings through the Nectar network, while at the same time the Joust platform will provide Nectar brokers with fantastic market share.”

About Joust: 

Joust is an online home loan marketplace that can help borrowers connect with the right lenders and brokers for their home loan needs. Through an open and transparent competitive process, Joust helps Australians uncover the most suitable home loan products and lowest rates based on their individual profile and needs, potentially saving them thousands.

Its Live Auction service connects home loan customers directly with lenders and brokers who apply their best home loan rate to bid for the customer. In doing so, prospects are able to access the most competitive home loan rate. This reverse auction model saves borrowers time and money, and enables any lender to access customers fairly and on the same terms.

Its Instant Match service allows Australians to save time by instantly accessing the top three (3) home loans suited to their needs (from thousands of different products). Through the Joust platform, customer submissions are immediately matched to lenders. The lender/s can then engage the customer to guide them through the home loan process.

About Nectar: 

Nectar was established to deliver a fresh, honest, customer-focused approach to mortgage broking.

We are Australia’s fastest growing mortgage broking company and now have brokers operating across all regions.

Our focus on delivering world-class customer service directs everything we do at Nectar, and since launching in 2013, we’re proud to have helped thousands of satisfied customers across Australia achieve fantastic financial outcomes.

Our ambition is to be the leading mortgage broking group in Australia, as judged by the experience of our customers.



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