Strong growth in home lending, plus the sale of a business, has delivered a 46 per cent rise in Mortgage Choice's half year profit.
The lender made a net profit of $11 million in the six months to December 31, up from $7.5 million in the same period a year earlier.
Mortgage Choice wrote $5.3 billion in loans in the half year, up 21 per cent from a year earlier, and made a gain of $1.34 million on the sale of LoanKit, an aggregator of mortgages for brokers.
The company said its market share was steady at 3.9 per cent.
"With interest rates sitting at historical lows and lenders competing hard for new mortgage customers, I am confident that we can improve on these results," chief executive Michael Russell said.
Despite the profit growth, Mortgage Choice shares were down 13 cents at $3.10 at 1336 AEDT.
