Mortgage brokers identify best aggregators in Australia for 2022

Aggregators ranked across 11 categories

Mortgage brokers identify best aggregators in Australia for 2022

Over the last three years, aggregators have worked hard to keep their mortgage brokers happy despite the persistence of the COVID-19 pandemic and other challenges, with only 7% of brokers surveyed saying their aggregator had not done enough for broker development, according to Mortgage Professional Australia (MPA).

For this year’s MPA Brokers on Aggregators report, the MPA team asked mortgage brokers to rank their aggregator from 1 to 5 (with 5 as the highest) across 11 categories:

  • Accurate and on-time commission payments;
  • IT and CRM support;
  • Quality of lending panel;
  • Communication with brokers;
  • BDM support;
  • Compliance support;
  • Training and education;
  • Additional income streams;
  • Marketing support;
  • White label offering; and
  • Lead generation.

Due to the varying sizes of aggregator groups and the disparity in the number of questions related to their aggregator’s services, only those that achieved a response rate of at least 10% of brokers for each aggregator were included in the final list. Additionally, the MPA team asked brokers several questions about their aggregator’s service and other needs, but these did not affect the overall score. Some of the winners were:

Aggregators with over 600 brokers

Winners of the “accurate and on-time commission payments” category:

Gold medal – Finsure

Silver medal – Loan Market

Bronze medal – Connective

Winners of the “additional income streams” category:

Gold medal – Loan Market

Silver medal – Finsure

Bronze medal – outsource Financial

Winners of the “IT and CRM support” category:

Gold medal – Loan Market

Silver medal – outsource Financial

Bronze medal – Connective

Winners of the “quality of lending panel” category:

Gold medal – Loan Market

Silver medal – Finsure

Bronze medal – Connective

Winners of the “compliance support” category:

Gold medal – Loan Market

Silver medal – outsource Financial

Bronze medal – Connective

Winners of the “BDM support” category:

Gold medal – Loan Market

Silver medal – Connective

Bronze medal – Finsure

Winners of the “marketing support” category:

Gold medal – Loan Market

Silver medal – outsource Financial

Bronze medal – Connective

Aggregators with fewer than 600 brokers

Winners of the “accurate and on-time commission payments” category:

Gold medal – National Mortgage Brokers

Silver medal – Liberty Network Services

Bronze medal – MoneyQuest

Winners of the “additional income streams” category:

Gold medal – MoneyQuest

Silver medal – Liberty Network Services

Bronze medal – National Mortgage Brokers

Winners of the “IT and CRM support” category:

Gold medal – MoneyQuest

Silver medal – Liberty Network Services

Bronze medal – National Mortgage Brokers

Winners of the “quality of lending panel” category:

Gold medal – MoneyQuest

Silver medal – Australian Finance Group

Bronze medal – National Mortgage Brokers

Winners of the “compliance support” category:

Gold medal – MoneyQuest

Silver medal – National Mortgage Brokers

Bronze medal – Liberty Network Services

Winners of the “BDM support” category:

Gold medal – MoneyQuest

Silver medal – National Mortgage Brokers

Bronze medal – Liberty Network Services

Winners of the “marketing support” category:

Gold medal – MoneyQuest

Silver medal – Liberty Network Services

Bronze medal – National Mortgage Brokers

Thank you for participating in this year’s survey! Find out more about the winners and brokers’ insights on their aggregators by reading the MPA Brokers on Aggregators 2022 report now.

LATEST NEWS