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Luke Jackson lands a new gig

The former head of Resimac in New Zealand, Luke Jackson, has taken up a new role.

Monday, August 12th 2024, 1:43PM

Luke Jackson will head up Arrow Finance as its new chief executive.

Arrow Finance, which was incorporated August 2022, is a New Zealand based provider of short-term non-regulated property loans.

Jackson started this week and will be responsible for identifying markets, setting strategy, and driving growth.

Jackson said “he is excited to head up the New Zealand owned non-bank. Current market conditions provide great opportunities for those looking to transact in property."

"However, debt-to-income restrictions, along with the slowing economy, are going to make it challenging for some. Local non-bank finance providers will be a critical and growing segment in the market going forward.”

Arrow Finance founder, Tim Yeoman, says the company has ambitious goals. "Luke’s well-seasoned experience and market presence enables us to accelerate on these goals."

 

Tags: Arrow Finance RESIMAC

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 6.19 - - -
AIA - Go Home Loans 8.74 6.85 6.25 5.99
ANZ 8.49 7.45 6.94 6.59
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 6.85 6.34 5.99
ASB Bank 8.64 6.85 6.25 5.99
ASB Better Homes Top Up - - - 1.00
Avanti Finance 9.15 - - -
Basecorp Finance 9.60 - - -
Bluestone 9.24 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Classic - 6.85 6.34 5.99
BNZ - Green Home Loan top-ups - - - 1.00
BNZ - Mortgage One 8.69 - - -
BNZ - Rapid Repay 8.69 - - -
BNZ - Std, FlyBuys 8.69 7.45 6.94 6.59
BNZ - TotalMoney 8.69 - - -
CFML Loans 9.45 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 6.59 - -
Co-operative Bank - Owner Occ 8.40 6.79 ▼6.29 ▼5.99
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Standard 8.40 7.29 ▼6.79 ▼6.49
Credit Union Auckland 7.70 - - -
First Credit Union Special - 6.99 6.60 -
First Credit Union Standard 8.50 7.59 7.20 -
Heartland Bank - Online 7.99 6.69 6.35 6.15
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.35 7.00 -
HSBC Premier 8.59 - - -
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 7.85 6.85 6.49 6.39
Lender Flt 1yr 2yr 3yr
Kainga Ora 8.64 7.45 7.09 6.89
Kainga Ora - First Home Buyer Special - - - -
Kiwibank 8.50 7.65 7.24 6.89
Kiwibank - Offset 8.50 - - -
Kiwibank Special - 6.75 6.34 6.09
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 9.00 ▼7.14 ▼6.79 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 8.74 ▼7.45 ▼6.59 ▼6.59
Lender Flt 1yr 2yr 3yr
SBS Bank Special - ▼6.85 ▼5.99 ▼5.99
SBS Construction lending for FHB - - - -
SBS FirstHome Combo 6.19 ▼5.85 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.95 - - -
Select Home Loans 9.24 - - -
TSB Bank 9.44 ▼7.49 ▼7.05 ▼6.79
TSB Special 8.64 ▼6.69 ▼6.25 ▼5.99
Unity 8.64 6.70 6.49 -
Unity First Home Buyer special - 6.20 - -
Wairarapa Building Society 8.60 6.90 6.60 -
Lender Flt 1yr 2yr 3yr
Westpac 8.64 7.45 ▼6.79 ▼6.59
Westpac Choices Everyday 8.74 - - -
Westpac Offset 8.64 - - -
Westpac Special - 6.85 ▼6.19 ▼5.99
Median 8.64 6.88 6.60 6.12

Last updated: 13 August 2024 9:14am

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