Profile
“We have big ambitions for our recruitment program to have an even broader impact on the industry”
Darren Liu,
Loan Street
Russell Munfaredi is the managing director and senior mortgage broker of Mortgage Pros. In addition to assisting new clients with finance, he manages the team and builds the company strategy. After working over a decade in finance, Russell joined Mortgage Pros in 2016. His wealth of knowledge, unstoppable drive and impeccable service has been the key driver of Mortgage Pros’ success.
Russell holds himself and his team to the highest standard, which is why their service is considered one of the best in the industry. His finance career includes being an FX and MM dealer for the National Bank of Kuwait, relationship manager and financial market interdealer broker for Mashreq Bank and ICAP, and senior mortgage broker for Home Loan Experts.
Due to his extensive experience in corporate banking, he specialises in obtaining finance for high-net-worth customers, LMI medico packages for general practitioners, hospital-employed doctors (intern, resident, registrar and staff specialist), medical specialists, dentists, veterinary practitioners, optometrists, and pharmacists to help them get 90% lends on home and investment purchases.
He also assists short-term self-employed customers and provides professional packages that can help with waived LMI for accountants or professionals in the legal, mining, energy and resources industries with incomes over $150,000.
5 George Street, North Strathfield, NSW 2137
1300 030 388
russell@mortgagepros.com.au
au.linkedin.com/in/russell-munfaredi-37997a72
mortgagepros.com.au
Russell Munfaredi
Owner and Managing Director
Mortgage Pros
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2020–present
Insurance Business Magazine | Key Media
Deputy Principal at Australian Christian College - Southlands
Doctor of Education
2020–present
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2021
Ted Talk in collaboration with key media
Year 7 Community Leader and Leader for Learning Technologies and Platforms at Northern Beaches Christian School
Master of Business Administration, 2017–2019
2021
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2015–2016
2016–present
2020–present
2019
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Insurance Business Magazine | Key Media
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Ted Talk in collaboration with key media
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Ted Talk in collaboration with key media
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Ted Talk in collaboration with key media
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Ted Talk in collaboration with key media
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2016–present
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2019
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2019
Insurance Business Magazine | Key Media
Ranked No. 1 Broker of the Year
2019
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2020–present
Human Resources Magazine | key media
Finalist for MFAA – Residential Finance Broker of the Year 2020
Finalist for The Adviser Better Business Awards – Mentor of the Year 2022
2020–present
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2016–present
Human Resources Magazine | key media
Owner and Managing Director
Top 100 mortgage broker for three years in a row
2016–present
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2015–2016
Human Resources Magazine | key media
Senior Mortgage Broker
2015–2016
1997
2008–2012
human resources | key media
Treasury Dealer
2008–2012
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Milestones
2019
Insurance Business Magazine | Key Media
2022
Excellence awardee – Independent Mortgage Adviser of the Year category at the New Zealand Mortgage Awards
2022
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2022
2020–present
Insurance Business Magazine | Key Media
Deputy Principal at Australian Christian College - Southlands
Doctor of Education
2020–present
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2021
Launched his own business,
Ascend Financial Services
2022
2022
Insurance Business Magazine | Key Media
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2021
Launched his own business,
Ascend Financial Services
2022
Owner and Managing Director
Mortgage Pros
Russell Munfaredi
“We are developing a credit engine system to ensure all customer transactions are processed quickly and efficiently”
Darren Liu,
Loan Street
“We have big ambitions for our recruitment program to have an even broader impact on the industry”
Darren Liu,
Loan Street
“We are developing a credit engine system to ensure all customer transactions are processed
quickly and efficiently”
Darren Liu,
Loan Street
It is not often that growth is a problem for a business.
But the enormous volume of applications handled by boutique brokerage Ortus Financial in Sydney’s eastern suburbs last fiscal year risked throwing the firm’s private banking ethos off balance.
In the year to June, Ortus settled 50% more loans than the year prior with principal Adam Rakowski writing over $160m worth.
“Having worked in the broader finance industry since 2001, it was certainly a year of unprecedented growth,” he says.
“The sheer volume of applications is likely something we won’t see again for some time.”
This gangbuster 12-month period resulted in a total loan book of over $400m in just three years since launching the business.
To be sure, the achievement is part of a wider story as the value of home loans settled by mortgage brokers collectively rose to new records nationally.
But Rakowski doesn’t want the business to be just about money or to treat customers like a number, which is a real danger when a brokerage is doing all it can to funnel applications to lenders as fast as humanly possible.
“We didn’t want to fall into the trap that many businesses do when growth becomes a singular focus,” says Rakowski.
“We don’t have a ‘grow at all costs’ mentality – it is sustainable growth that we’re striving for.”
Remarkably, Ortus lost no customers with zero refinances over the period other than existing clients selling property to re-purchase again with the firm. With zero defections, it’s hard to argue that customers had reason to be dissatisfied with the service.
The strong growth was powered partly by the property boom brought about by ultra-low interest rates. Ortus focuses primarily on residential lending with around 90% of loans placed at major banks. Rakowski also has a background in commercial lending and the firm has the potential to ramp up this line further in future.
“We have big ambitions for our recruitment program to have an even broader impact on the industry”
Darren Liu,
Loan Street
“We are developing a credit engine system to ensure all customer transactions are processed quickly and efficiently”
Darren Liu,
Loan Street