Track My Trail Team A 2026 move from residential to commercial mortgage brokering starts with a written commercial appointment from the licensee. Get the licensee’s commercial accreditation in writing before you quote a shop, warehouse or mixed-use file. A residential credit-representative appointment may not cover commercial facilities. The appointment must name the commercial activity, including facilities that sit outside … Read more
A credit reporting agency in Australia is a credit reporting body that holds a consumer credit file and a bureau score. Lenders and brokers use that file, with consent, when they assess a home loan. Australian credit reporting bodies use their own reporting systems, separate from the US FICO and AnnualCreditReport.com systems. Read the report … Read more
A declining housing market reduces purchase activity and can put pressure on valuations. Australian mortgage brokers can respond by measuring local demand, reviewing existing clients and tightening the steps that move a suitable loan from inquiry to settlement. The June quarter 2026 ABS lending release recorded a 5.4% fall in the number of new dwelling … Read more
Australian mortgage brokers can flag how a loan structure may affect an investor file. They cannot issue a tax ruling. US rules such as 1031 exchanges, Opportunity Zones and the $750,000 interest cap do not apply here. Do not put a hoped-for refund into serviceability. Date the contract against 7:30 pm AEST on 12 May … Read more
Australian mortgage brokers should read the RBA cash-rate target, ABS inflation and jobs prints, then the lender’s SVR. The US Federal Reserve does not set the comparison rate on an Australian quote. A Fed rate-cut story does not mean an automatic SVR cut in Australia. The cash-rate target was 4.35% after the 11 August 2026 … Read more
The ten lenders below cover different ownership models and lending policies. Bankwest and St George sit inside major-bank groups. The list also includes a mutual and several non-banks. Confirm each brand is on your current panel before you quote it. Pick the lender whose live policy can fund the file you have. Check the current … Read more
A compliance audit for an Australian mortgage brokerage is a licence-and-file review against the NCCP, ASIC guidance, the Privacy Act 1988 and your licensee or aggregator program. Drop any TILA, RESPA or Dodd-Frank checklist. Start with who holds the Australian credit licence and the CL50 appointment. Then sample files for best-interests duty, the comparison note … Read more
AFG and Connective are separate Australian mortgage aggregators. A broker choosing between them should compare the current commission plan, technology, lender access and exit terms against the way the brokerage operates. AFG’s proposed acquisition of Connective did not complete. The ACCC did not oppose the proposal in June 2020, but the implementation deed later expired. … Read more
Australian borrowers can choose from home loans, personal loans, car finance, study loans and several forms of business finance. The right category depends on what the money will fund, whether an asset secures the debt and how the borrower will repay it. This guide explains the main Australian loan types and the contract terms that … Read more
Arrears start when a client misses a contractual home-loan payment. A broker can gather hardship evidence and lodge it with the lender. The broker cannot grant hardship or stop a mortgagee sale. That work still sits inside client relationships you can defend on the file. Do not lodge a refinance while the loan is 30 … Read more