Navigating Australia’s mortgage brokerage landscape requires the right home loan aggregator. This blog explains what mortgage aggregators are, why brokers need them, and lists the top options in Australia.
See the full list of mortgage broker aggregators here.
What is a Mortgage Aggregator and why do Brokers need them?
Mortgage aggregators play a crucial role for brokers in Australia’s home loan market. These aggregators act as intermediaries, connecting brokers with a diverse panel of lenders. By becoming a Credit Representative of an Australian Credit Licensee (ACL), brokers ensure they meet the regulatory standards set by the Australian Securities and Investments Commission (ASIC).
Quality aggregators provide brokers with essential resources, including access to a wide range of loan products, accreditation with multiple lenders, and robust business platforms. These tools enable brokers to offer their clients diverse loan options, enhance their knowledge of the products they sell, and support their operational and growth needs. Choosing the right aggregator can significantly impact a broker’s ability to serve their clients efficiently and expand their business.
List of Mortgage aggregators in Australia
AMAG
AMAG specialises in providing a broad range of lending options, catering to various client needs with a focus on flexibility and personalised service.
Astute Finance
Astute Finance offers a comprehensive suite of financial products, including mortgages, with a focus on professional development and broker support.
Aussie Home Loans
Aussie Home Loans is one of Australia’s leading retail mortgage brokers, known for its wide reach, diverse loan options, and strong focus on customer service.
Australian Finance Group (AFG)
Australian Finance Group (AFG) is a major player in the mortgage industry, offering a wide range of products, technology-driven solutions, and extensive broker support.
Buyers Choice
Buyers Choice is a network of independent brokers providing diverse loan options and financial advice, emphasising client-centric services and tailored solutions.
Centrepoint Alliance Lending
Centrepoint Alliance Lending is known for its innovative lending solutions, Centrepoint Alliance offers a mix of traditional and unique loan products, supporting brokers with advanced tools and resources.
Connective
Connective is renowned for its innovative broker services and comprehensive range of financial products, focusing on technology and broker development.
eChoice Home Loans
eChoice Home Loans offers a wide range of home loan products, leveraging technology to provide efficient services and a diverse portfolio of lending options.
Finsure
Finsure offers a broad portfolio of loan products, known for its focus on technology integration and support for independent brokers.
Liberty Network Services
Liberty Network Services offers a diverse range of flexible loan products and is known for its innovative approach to lending and broker support.
Loan Market Group
Loan Market Group is known for its extensive lender network and strong broker support, offering a range of tools and services for mortgage professionals.
MoneyQuest
MoneyQuest offers personalised mortgage services with a focus on client education and support, providing access to a wide range of loan products.
Mortgage House
Mortgage House is known for its wide range of home loan products and commitment to personalised client service, catering to various borrower needs.
Outsource Financial
Outsource Financial is a non-aligned aggregator offering a diverse range of financial products and services, focusing on independence and comprehensive broker support.
PLAN Australia
PLAN Australia is known for its professional development programmes and a wide array of lending products, focusing on supporting and growing broker businesses.
Purple Circle Financial Services
Purple Circle Financial Services is a member-driven aggregator offering a unique cooperative structure, providing a range of financial products and broker empowerment.
Smartline
Smartline offers personalised mortgage advice and a wide range of loan products, with a strong emphasis on client relationships and tailored services.
Specialist Finance Group (SFG)
Specialist Finance Group (SFG) provides specialised financial solutions, including a range of mortgage products, with a focus on niche markets and customised services.
VOW Financial
VOW Financial offers a comprehensive suite of financial products, known for its strong support systems and commitment to broker development.
Finding the best mortgage aggregator
When searching for the best mortgage aggregator, it’s crucial for brokers to consider several key factors to ensure they find a partner that aligns with their business needs and goals. This involves looking at the aggregator’s lender panel diversity, the technology and support services offered, the fee structure, and the training and professional development opportunities available. Additionally, understanding the aggregator’s market reputation and the experiences of other brokers in their network can provide valuable insights.
For a more comprehensive exploration of these factors and a step-by-step guide to making an informed decision, brokers can refer to our detailed guide on choosing the right mortgage aggregator. This resource offers in-depth information and tips to navigate the selection process effectively, ensuring brokers can partner with an aggregator that supports their growth and success in the competitive mortgage industry.