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Endorsing industry competition, choice & innovation.

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 71.5%

Broker market share has hit new heights, with 71.5 per cent of all new residential home loans written by mortgage brokers, according to MFAA data.

Australia has a sophisticated, competitive financial sector and a strong regulatory system. Mortgage brokers increase choice & competition between lenders, leading to better service levels and competitive mortgage pricing.


Ultimately, a healthy level of competition in the banking sector provides greater benefits to households and businesses, including improved access to finance, increased scope for choice and lower interest rates.

 

We are aggregated to an array of lenders and products, our role is to keep in tune with changes in the market when it comes to lender policies, interest rates and their different lending appetites. This translates into an increased chance of finding the perfect funding solution. 



Deloitte Access Economics had been engaged to produce a report that provides an up to date body of information about the Mortgage Broking industry and its role in the economy. Deloitte consulted with the Mortgage Broking Industry Group (MBIG) for this report. The research indicates that overall, mortgage brokers make mortgage markets work better.
They provide consumers with information about the mortgage products available and the process to follow in applying for a mortgage, allowing borrowers to make more informed decisions.
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