With over 150 new broker registrations in December and having launched with one new lender already in November, V Loans operations director, Marie Grundy, believes that the New York incentive campaign should also mark the return of more lenders to the secured loan market.
She said “New business levels are increasing and interest from new and existing brokers is high. We are hearing a lot of positive noises from funders and I would not be surprised to see lenders returning to the market while we are running our New York incentive. Interest is growing among our introducers about the possibilities of a return to a proactive secured loan market and, with new lending on the way, I don’t doubt our New York competition will be really successful.”
