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Kina Bank partners with PNG’s first mortgage broker

In another first for PNG, Kina Bank has partnered with the country’s first mortgage broker to make the process of finding and applying for a new home loan as simple as possible for customers. Asigau Mortgage Brokers offer customers independent, expert advice on the best home loan for them; explain all of the options; and do most of the paperwork.

Buying a home can be a complex process to navigate, especially for first time home buyers. This new partnership removes many of the pain-points customers may experience.

Asigau operate as an intermediary institution, liaising with banks on the customer’s behalf. Customers can expect to be guided by Asigau each step of the way through the process – from enquiry stage, right the way through to completion. Customers can also expect to get all the help they need, from assessing equity, compiling financial history, sourcing and completing the relevant paperwork. They take the stress out of the whole process.

It means that when a customer’s home application arrives at the bank it’s accurate and complete. For Kina Bank, the benefits of this partnership are clear: the approvals process is quicker and it minimizes any re-work. So, we can help customers into their homes faster and more efficiently than ever before.

Deepak Gupta, Kina Bank’s Executive General Manager Advisory Services and Wealth Management, said: “We’re delighted to partner with PNG’s first mortgage broker to help home buyers move into their new home quickly and without stress. Mortgage brokers internationally are a significant part of the home loan application process and this partnership will significantly improve the customer experience. Asigau will provide access to a service offering loan applicants independent advice, counsel and support such as compiling financial history to gathering and submitting the all important paperwork. We’re pleased to be at the forefront of innovation at Kina Bank, introducing new products and services for customers to make banking simple and easily accessible and this is another reflection of that.”

Nou Asigau, Chief Executive Officer of Asigau Mortgage Brokers commenting on the partnership said: ‘We are proud to announce our association with Kina Bank and work to nurture a worthy relationship in order to co-create value for our people of PNG. We thank the Executive Management and Board for recognizing the value in working together to help our people create wealth through property ownership. Together it’s possible!’