Empowering Brokers, Enhancing Success
Empowering Mortgage Brokers with Exceptional Support and Opportunities
Vow Financial stands as a leader in the Australian mortgage and finance industry, empowering brokers with exceptional competitive advantages. With a passionate team of experts and a robust network of lenders and partners, we provide unwavering support to help you achieve your full potential.
A Legacy of Success and Innovation
Born from the union of National Brokers Group, The Mortgage Professionals, and The Brokerage in 2010, Vow Financial has evolved into one of the largest aggregators in Australia. Merging with Yellow Brick Road Group in 2014 solidified our position as a dynamic force in the field. We continue to prioritize the needs of our brokers, offering a range of services designed to empower and elevate their businesses.
Tailored Aggregation Solutions to Suit Your Needs
We understand that every broker is unique. That's why we offer two distinct aggregation models to cater to your individual business needs:
- Competitive Percentage Model: Ideal for brokers unsure of their settlement volume, this model provides commissions that rise alongside your business growth.
- Transaction Model: Perfect for predictable volume, this model offers a small fee per settled deal, ensuring stability and cost-effectiveness.
Beyond the Basics: Comprehensive Support and Resources
Vow Financial offers far more than just competitive commissions. We are committed to providing our brokers with:
- Access to a diverse lender panel and specialist services: Commercial, asset finance, personal loans, and wealth management solutions.
- Dedicated compliance and regulation support: Navigate industry regulations with ease and confidence.
- Marketing expertise and resources: Build and strengthen your brand with guidance from our marketing partners.
Strength and Stability for Your Future
With over 1,250 brokers and a $45 billion loan book, Vow Financial provides a solid foundation for your business. Our experienced State Manager team offers nationwide support and guidance. We also offer:
- Broker Investment Program: Secure your business future with flexible options for growth, cash flow management, or exit strategies.
- Risk Insurance and other financial solutions: Protect your clients and diversify your income streams.
Join Vow Financial and empower your mortgage brokerage journey!
Poor Experience with Vow Financial
Lack of Trust and Transparency
Many reviewers have expressed their disappointment and frustration with Vow Financial, citing unscrupulous business practices and a lack of transparency. One reviewer mentioned that the company withholds commissions from brokers who leave, while another reviewer accused Vow of only being interested in making money, with little regard for customer service or support.
Rip-Off Interest Rates
Reviewers have also complained about Vow's aggressive interest rate hikes, with one reviewer experiencing a 27-point increase in just a month, followed by another 21-point increase two months later. Despite the Reserve Bank of Australia's 25-point interest rate cut in May 2016, Vow only passed on a 10-point cut, and later a further 5-point cut after the reviewer complained.
Stay Away from Smaller Lenders
The overall sentiment is that Vow Financial is not a trustworthy or reputable lender, and reviewers recommend avoiding smaller lenders like Vow in favour of more established institutions like the Big 4 banks.
Be the first to review Vow Financial.
Write a Review
