One of Australia's biggest home loan brokers, Mortgage Choice, is accelerating its push into new market segments to counteract the impact of weak demand for mortgages.Mortgage Choice chairman Peter Ritchie told shareholders at the company's annual general meeting yesterday that, "We continue to work on introducing new revenue streams, such as bringing self-managed super fund loans and well-known property developers on to the panel to assist investor clients."When the company announced its 2010/11 results, in August, chief executive Michael Russell said: "We are light on diversified income. We need to be doing more commercial lending. We are training our franchisees to do more investment lending."We are looking at reverse mortgages. There is a need for that type of finance, and now that the Government has set some guidelines there is more certainty. This year there will be a big focus on diversifying our sources of income."The company made a net profit of A$27.5 million for the year to June - up 17 per cent on the previous corresponding period. Cash profit (after adjusting for the accounting treatment of trail commissions and share-based remuneration) was up 7.4 per cent to $15.9 million. Earnings per share rose 7.3 per cent.The loan book increased by six per cent to $42.4 billion, but settlements were down 3.3 per cent to 8.7 billion. The 3.3 per cent fall compares with a 7.8 per cent fall for the industry recorded by the Australian Bureau of Statistics for the same period.Yesterday, Russell was optimistic about the outlook for home lending. Housing commitments bottomed in March and have increased in five of the past six months. Lower interest rates, increased lender competition and the house price correction will keep the recovery in lending going into 2012, he said.He said a review and revamp to create a more diversified product range were top priorities for the year ahead.