The best mortgage aggregator for your brokerage is the group that gives you the required lender accreditations, usable software and the strongest net income on your book. For a new broker prioritising structured mentoring, Liberty Network Services is a useful starting point because it publishes a 24-month programme.
Compare these ten mortgage aggregators in Australia on the same joining checks. The aggregator directory has individual profiles. For background on the different arrangements, read how mortgage aggregation works.
10 Mortgage Aggregators for Australian Brokers to Compare
Loan Market Group (LMG)
Group Consolidation and Current Scale
LMG (Loan Market Group) brings the former PLAN, Choice and FAST businesses under one group. LMG describes more than 6,000 owners, brokers, advisers and team members across Australia and New Zealand, with access to more than 100 banks and lenders. That community count is broader than Australian mortgage brokers alone.
Plan Options and Net Commission
Ask how LMG reports settlement on the plan you would join, whether that is a Loan Market franchise plan, a partner plan or Bring Your Own Brand. Model volume on LMG’s fee and commission structure before you assume a flat-fee plan is cheaper than a split.
Day-One Lender Accreditations
Check which tier 1 and tier 2 lenders you can actually accredit on day one. Match that list against the lenders used by your existing clients, including specialist lenders that may need extra approval.
MyCRM File Workflow
Run a dummy file in MyCRM through loan processing. Check document collection, compliance prompts, lender research and status updates rather than judging the platform from a sales demonstration.
LMG Licence and File Reviews
Confirm whether you would operate under LMG’s credit licence or your own. Ask who reviews files, how quickly reviews are returned and which records must be kept outside the platform.
Broker Training and Mentoring
LMG plans can combine mandatory compliance sessions with new-to-industry support, lender workshops and mentoring. The current calendar must show how much practical broker development is included in the specific plan offered.
Ray White Leads and Marketing Tools
Ask what mortgage broker tools and Ray White lead generation you would receive on your chosen plan. Get the ownership, allocation rules and extra costs for every lead source in writing.
Lender Escalations and Contact Cover
LMG offers franchise, partner and Bring Your Own Brand arrangements, so the support path can differ by plan. The written offer must identify the local or central contact for lender escalations and the cover available when that person is away.
Total Plan Cost and Exit Terms
Compare the total cost of the specific LMG model offered to you. Include software, licensing, marketing, professional indemnity requirements, exit terms and any treatment of trail after departure.
Australian Finance Group (AFG)
Listed Aggregator and Integrated Support
AFG (Australian Finance Group) combines Suite360 with partnership support, learning and marketing services. It suits a brokerage that wants those services connected to its everyday loan workflow. Panel access depends on the broker’s lender accreditations.
Net Income After AFG Charges
Review AFG’s fee and commission structure on your own book. Compare net income after every fixed charge, split and service fee.
Panel Access for Specialist Files
AFG places lender access and product selection inside its broker technology suite. The practical value depends on the lenders available for your experience, location and licence model, especially if commercial or specialist files form part of the book.
Suite360 Broker Platform
Suite360 combines BrokerEngine Plus for lodgement and product selection with analytics, training and broker resources. Process a sample application, then export the completed credit file. Check whether the client record and supporting documents meet your licensee’s requirements.
Comply365 and Licence Support
AFG has broker compliance support and Comply365 for Australian credit licence holders. Ask which service applies to your brokerage. The agreement must identify who supervises files and how an urgent review reaches the compliance team.
AFG Learn and Lender Education
The Learn platform, webinars and training events give AFG a structured development offer. A brokerage can use that mix for platform onboarding, lender updates and business skills, but must still inspect the next quarter’s calendar for topics that match its team.
SMART Marketing Program
AFG’s SMART program centralises marketing activity for brokers. It may suit a team that wants campaign material connected to the wider platform. The agreement must state what is included, how branding is controlled and whether additional campaign work attracts a fee.
Partnership Manager Support
AFG assigns a Partnership Manager who can work across business planning, recruitment, marketing and compliance. That broad role is a real distinction for a brokerage that wants one commercial contact, provided the assigned manager has the experience and capacity the team needs.
AFG Agreement and Exit Schedule
Request the full agreement, joining criteria and exit schedule before comparing offers. The current accreditation list and written terms decide whether AFG suits your brokerage.
Finsure
Infynity and Broker-Growth Services
Finsure combines Infynity with loan-processing help, recruitment, marketing and education. It suits a brokerage looking for operational help alongside its software. Separate the services included in your agreement from paid extras.
Flexible Commission and Funding Options
Finsure promotes flexible commission structures and funding services tied to commission and trail income. Compare the current options with Finsure’s fee and commission structure, then calculate the effective cost at quiet, expected and strong settlement volumes.
Accreditations Across Finance Areas
Finsure supports standard residential loans as well as other finance areas through its aggregation offer. Brokers who want to diversify must compare actual day-one accreditations with the last year of enquiries, because specialist access may require separate approval.
Infynity Workflow and Client Management
Infynity is Finsure’s broker platform for workflow and client management. Use the same client scenario as your other demonstrations. Check document collection, research records and the handover between the broker and support staff.
Compliance and Fraud Prevention
Finsure lists proactive compliance and fraud prevention as part of its broker support. This may suit a growing team that wants operational help around the platform. The proposed licence arrangement must still state who reviews files and who owns each obligation.
Training for System and Finance Changes
Ongoing training and education sit alongside Infynity onboarding and lender support. That combination is useful for a broker changing systems or adding a finance line, especially when the first months include unfamiliar policy and workflow.
Branding, Online Presence and Leads
Finsure publishes personalised branding and marketing support, plus lead-generation services. Ask for examples relevant to your brokerage. Compare the included work with your existing marketing costs and get any additional charges in writing.
Processing and Recruitment Support
Loan-processing support and staff-recruitment help make Finsure’s service broader than platform assistance alone. Those services may appeal to a brokerage adding volume or staff, but the service levels and any extra charges belong in the written offer.
Licence, Software and Exit Costs
Check experience requirements, licence options, software charges and exit conditions together. Ask what happens to trail if you leave and whether data can be exported in a usable format.
Connective
Residential, Asset and Commercial Aggregation
Connective supports residential, asset and commercial broking. Its site describes more than 5,000 Australian brokers and more than 70 lenders. It suits a brokerage that wants these finance types within the same group, subject to separate lender accreditations.
Fixed and Variable Fee Options
Connective publishes Maximiser and Variable plans. Compare both using your current settlements and trail income. Include licensing and staff charges when modelling Connective’s commission structure.
Separate Panels by Finance Type
Separate the residential, asset and commercial panels when you compare coverage. Confirm the accreditation route for each business line and identify any important lenders that need extra volume or experience.
Test Mercury Across Two Workflows
Use Mercury Nexus to process a sample residential file. If you also write asset or commercial finance, test that workflow separately. Compare the information entered twice and the records available after settlement.
Licence Models and File Checks
Confirm which licence models are available and how compliance support differs between them. Ask what is checked before lodgement, what is sampled later and how urgent questions are escalated.
Training Across Finance Types
Connective spans residential, asset and commercial aggregation. Its useful training mix therefore depends on whether upcoming workshops and lender sessions cover every finance type the brokerage writes, rather than concentrating on residential lending.
Campaign Builder, Brand and Data Control
Ask to see the campaign builder, client journeys and reporting rather than a slide deck. Confirm which services are included and whether your brokerage keeps control of its brand and client data.
State Partnership and Settlement Escalation
Connective assigns a partnership contact by state or segment. That model gives a brokerage a named route for a lender or Mercury issue, with leave cover and settlement escalation terms to be settled in the service offer.
Lock-In, Data Export and Trail Terms
Ask whether the group still offers no lock-in contract for your entity type. Read the notice period, data-export rules and trail treatment closely and include every platform charge in the comparison.
Specialist Finance Group (SFG)
Family Ownership and SFGconnect
SFG (Specialist Finance Group) describes itself as an Australian family-owned aggregator. Its broker platform is SFGconnect. A specialist brokerage can assess its fit by matching required lenders with the actual accreditations in the joining offer.
Written Fees and Volume Splits
Ask for the written fee schedule and model it against your current settlement mix. Check whether the quoted split changes with volume, which services have separate charges and how the agreement handles trail after exit.
Specialist Lender Accreditation
If you write specialist or niche loans, get those lender names in the accreditation letter before you resign from your current group. Check product access, not just whether the lender’s logo appears on a panel page.
SFGconnect Research and File Notes
Request a live walkthrough of SFGconnect using a typical client scenario. Test research, file notes, document handling and the information available after settlement.
Licence Options and Complex File Reviews
Ask who provides compliance advice under each licence option and how file reviews work. Confirm the expected response when a complex scenario does not fit a standard checklist.
Lender Scenarios and Business Coaching
SFG’s training is most useful when the next few months include the lender scenarios, compliance updates and business coaching the brokerage needs. The relevance of those sessions matters more than the advertised event count.
Core Services and Outside Partnerships
Ask what the aggregator itself delivers and what comes through outside partners. Check the price, data access and cancellation terms before counting a partnership as part of the core value.
Accreditation, Platform and Lender Support
SFG support needs to cover specialist lender accreditations as well as SFGconnect questions. The people assigned to those two areas must be identified before joining, especially for a brokerage whose niche files need quick lender escalation.
Entry Costs and Client Records
Request all entry criteria and recurring costs in one document. Include licensing, technology and training obligations, then compare the exit notice and ownership of client records.
YBR Aggregation
YBR Aggregation Rebrand
YBR Aggregation (formerly Vow Financial) has tiered commission and transaction-based models. Its published services include compliance support, marketing and Vownet. Compare the legal entity and services in your proposed agreement with the model you want.
Fees Across Strong and Slow Quarters
Use Vow Financial’s fee and commission structure as historical background only. Model the current YBR Aggregation offer on expected settlements and trail, then test the result against a slow quarter and the cost of optional services.
Current-Brand Lender Accreditations
Request the panel attached to the exact agreement now offered under the current brand. Confirm day-one accreditations and note any lenders that require further experience, volume or training.
Vownet on Salestrekker
Process a sample file in Vownet, which uses Salestrekker. Include a client-data export in the demonstration. Ask who handles migration and whether that work has a separate charge.
Licence Use and Disputed Reviews
Ask how compliance responsibilities differ if you use the group’s credit licence. Review file checks, advice access and the process for resolving a disputed review finding.
YBR Platform and Lender Onboarding
Under the current YBR Aggregation structure, onboarding needs to cover the renamed platform and the lenders central to the broker’s first month of files. The live calendar shows whether both parts are scheduled during the transition from the Vow brand.
Included Marketing Deliverables
Marketing extras such as logo design are useful only if they are in the plan you would actually buy. Inspect deliverables, turnaround times and brand ownership.
Legacy Vow Support Routes
Confirm which team now supports the legacy Vow network and how requests are routed. Test a complex lending question and a platform question because they may go to different specialists.
Legal Entity, Trail and Data Terms
Check that every document uses the current legal entity and fee model. Review experience requirements, licence arrangements, termination rights and the handling of trail and client data after exit.
National Mortgage Brokers (nMB)
Liberty Ownership and Mortgage Broker Suite
nMB (National Mortgage Brokers) is wholly owned by Liberty Financial. Its broker software is Mortgage Broker Suite. Compare the group on lender access and support for your own business, including the lenders you use outside Liberty.
Commission Steps as the Book Grows
Request the split at each settlement-volume threshold and the fees payable as your book grows. Model the offer on the mix of upfront and trail income in your own book rather than a single settlement example.
Panel Access Under Liberty Ownership
Compare the available panel with the client segments you serve. Confirm whether ownership affects access or accreditation with any lender important to your business, including lenders outside the Liberty group.
Mortgage Broker Suite Workflow
Ask for a current demonstration of Mortgage Broker Suite and complete a realistic workflow. Check document storage, research records, lender integrations and whether your data can be exported.
Written Licence and Compliance Process
National Mortgage Brokers must put the credit-licence model and compliance process in writing. Ask who reviews files, how findings are resolved and what support is available before lodgement.
Onboarding for New and Established Brokers
nMB’s onboarding serves two different needs. Established brokers may value lender and business sessions, while a newer broker needs enough mentoring, supervision and practical file support to complete early lodgements.
Campaigns, Planning and Client Data
Request examples of included campaigns and planning support. Decide whether they address a measured need in your brokerage and whether client data stays under your control.
Named Contacts for Each Support Area
Identify the contact for onboarding, lender matters, compliance and technology. A live file needs an accountable contact who can give the team a timely answer.
Joining, Exit and Record Retrieval Terms
Get joining criteria, licence terms, technology charges and exit conditions together. Ask what happens to trail if you leave and how quickly the brokerage can retrieve its complete client records.
outsource Financial
Independent Ownership and Salestrekker
outsource Financial has member models for brokers, referrers or both. It suits a business that wants to combine direct broking with referrals in selected finance areas. Compare who advises the client and who receives commission under each model.
Broker and Referrer Member Models
Ask which member model you would join: broker, referrer or both. Get the commission calculation, fee and technology costs in writing. Do not assume an independently owned group automatically means a better net split.
Day-One Access for Brokers and Referrers
Confirm which lenders you can lodge on day one under your selected member model. If referrals form part of the proposal, clarify who advises the client and which panel applies.
Salestrekker Migration and Integrations
Test Salestrekker with your team’s usual workflow. Include document movement and client communication in the demonstration. Ask how existing records move into the platform and what remains accessible after departure.
Different Compliance Paths by Member Model
Ask what compliance support applies to brokers and what applies to referrers. Confirm licence responsibilities, file-review timing and how the group handles a referral that becomes a complex credit matter.
Training for Target Finance Areas
Compare the training plan with the finance types you want to grow. A targeted workshop followed by file support can be more useful than a large library with little practical guidance.
Content, Leads and Referral Portability
Review the content and strategy support that is actually included. Ask who approves campaigns, who owns generated leads and whether a referrer relationship remains portable if you leave.
Lender Escalation and Time-Zone Cover
outsource Financial’s boutique model makes the people behind lender escalation and daily Salestrekker help part of the offer. A brokerage operating across time zones needs the proposed service arrangement to name the relationship manager and the cover available during leave.
Member-Model Entry and Exit Costs
Compare the entry process for each member model. Include accreditation work, licensing, technology subscriptions, notice periods, data export and the treatment of trail in the final cost assessment.
MoneyQuest
Franchise Brand, Dashboard and Head Office
MoneyQuest combines a consumer franchise brand with head-office support and an online learning academy. It suits a broker who wants a branded business and central marketing help. Compare that support with the brand control and costs in the franchise agreement.
Net Income After MoneyQuest Charges
Model MoneyQuest’s proposed commission split and fees on your own settlement volumes and trail income. Include any franchise charges and optional services. Compare the amount retained in a slow quarter as well as at your expected volume.
More Than 60 Institutions and Suppliers
MoneyQuest currently describes access to products from more than 60 lending institutions and suppliers across home, commercial, vehicle, SMSF and personal finance. A broker with a mixed client base may value that range, subject to the lender accreditations available under the chosen agreement.
Proprietary Franchise Dashboard
The proprietary dashboard is the centre of the MoneyQuest franchise system. It sits alongside lead sources and head-office services rather than operating as a stand-alone generic CRM. Existing brokers must test how their current client records and aggregator workflows would move into it.
Compliance Responsibilities in the Agreement
MoneyQuest publishes compliance support as part of its franchise services. The agreement must identify the licence arrangement and who reviews your applications. Get the review timing and escalation process in writing.
Training Academy, Mentoring and Coaching
MoneyQuest publishes an online learning academy and head-office training. Ask how mentoring and business coaching fit into your proposed franchise package. That structure can suit a broker who wants help building a business, while an established operator must compare the programme with the autonomy of a bring-your-own-brand model.
Multisource Leads and Onsite Studio
MoneyQuest supports its franchise brand with multisource leads and an onsite film studio for content. This is a practical distinction for brokers who want a ready-made public presence. The franchise agreement must explain local brand control, lead ownership and campaign costs.
Head-Office and Franchise-Peer Support
Head-office staff support the franchise network and MoneyQuest promotes peer knowledge among franchise owners. That community model may suit brokers who value a branded network and central help more than complete independence.
Fit, Franchise Costs and Trail Terms
MoneyQuest is a stronger fit for a broker willing to work within a franchise system and use its dashboard, marketing and support. Joining standards, total franchise costs, client-data rights and trail treatment must be clear before signing.
Liberty Network Services
Liberty-Owned Adviser Network
Liberty Network Services is wholly owned by Liberty Financial. Its Liberty Adviser model combines a consumer brand with business support and mentoring. It suits a broker who wants to build a branded business with a central support team.
Network Fees Versus Brand Support
Liberty Network Services promotes a model intended to let advisers build their own businesses inside the network. The current fee schedule must be modelled on the actual book, with the value of the brand and support separated from any Liberty lending products.
Finance Categories and Accreditations
LNS lists residential, motor, commercial, business, SMSF and custom lending, plus integrated insurance. This breadth may suit an adviser who wants several income lines, but exact accreditations still need written confirmation.
Current Adviser Technology
LNS includes the Spark+ mobile platform in its current adviser technology. Ask for a live demonstration using a representative client journey, then check the file workflow and the process for moving an existing book.
Licence Responsibility and File Reviews
LNS is wholly owned by Liberty Financial. The agreement must state who holds the licence for each adviser model, how file reviews work and where responsibility sits when a finding is disputed.
24-Month Mentor Programme
Liberty publishes a 24-month mentoring programme for new-to-industry advisers. Its mentors are endorsed by the Mortgage & Finance Association of Australia and recognised by the Finance Brokers Association of Australia. Get the mentor’s responsibilities and supervised file-review arrangements into the joining documents.
National Campaigns and Local Marketing
Marketing advisers connect national Liberty campaigns with local marketing strategies for each adviser. That can shorten the work needed to establish a local brand, though the agreement must still explain campaign costs and ownership of the client relationship.
Central Adviser Support
LNS positions experienced staff, personalised training and marketing guidance around the adviser business. The model may suit someone who wants a recognisable consumer brand and a central team rather than a bare aggregation agreement.
Fit, Fees and Exit Rights
The strongest fit is likely an adviser who values the Liberty brand, structured mentoring and access to home, motor, commercial and other lending categories. Entry standards, total fees, licence conditions and exit rights still need to match the brokerage’s actual client mix.
Which Aggregator Suits a New Broker
Liberty Network Services is a practical first shortlist for a new broker seeking a consumer brand and a defined 24-month mentoring programme. For a broker building their own brand, compare outsource Financial’s two-year new-entrant mentoring with Connective’s banker-to-broker support and Finsure’s mentoring programme. LMG also publishes support for brokers starting out.
Your first-year joining offer must cover mentoring, supervised file reviews, day-one lender accreditations and an aggregator-held Australian credit licence. A large lender panel alone does not establish which lenders will accredit you.
| First-Year Need | Published Support Among These Groups | What Your Joining Offer Must Specify |
|---|---|---|
| Mentoring | Liberty Network Services publishes a 24-month programme. outsource Financial publishes two years of new-entrant mentoring. Finsure and Connective describe mentoring. AFG connects brokers with approved mentors. LMG publishes support for new entrants. | The named mentor, included time, fees and programme duration. |
| Supervised file reviews | AFG describes mentors signing off vetted applications. LMG publishes a risk-based audit programme. An audit programme and supervision of your first files have different jobs. | Who reviews early applications before lodgement and how quickly they respond. |
| Day-one lender accreditations | Connective publishes accreditation guidance for bankers moving into broking. Every group’s lender panel remains subject to individual accreditation. | The lenders available immediately, approval conditions and the person handling applications. |
| Aggregator-held licence | LMG publishes credit representative options. YBR Aggregation publishes an own-licence or group-licence choice. Connective publishes a credit representative model. | The licensee, representative appointment and supervision terms for your proposed model. |
Use those published programmes to choose whom to approach. Get the commitments in the joining documents before accepting the offer. For SFG, nMB and MoneyQuest, compare the proposed first-year package with these same four needs.
Joining an aggregator takes three steps. You apply, and the group assesses your background and experience. If you will work under its licence, the group authorises you in writing as a credit representative and lodges that appointment with ASIC within 15 business days. You must hold AFCA membership when the group authorises you, or the authorisation has no effect. Lender accreditation then runs lender by lender, and each lender sets its own training and approval time.
Start the accreditations for your first files as soon as the group accepts you. Until a lender approves you, its place on the panel does not let you lodge with it.
An established broker weighs the list differently. Put the net commission split, complete data export and exit terms ahead of introductory training. A lower fee has little value if it restricts the lenders you use or makes your client records hard to retrieve.
The largest published networks among the ten belong to LMG, Connective, AFG and Finsure. LMG describes a community of more than 6,000 brokers, advisers and team members across Australia and New Zealand. Connective’s website reports more than 5,000 brokers, and Connective brokers settled $112.4 billion of residential loans in 2025. AFG reported more than 4,300 brokers and $75 billion of residential settlements in its 2026 financial year. Finsure most recently reported 3,865 brokers.
Size shows scale and lender reach. It does not show whether a group accredits you with the lenders you use or pays you well on your book.
How to Compare Aggregators on Your Own Book
Compare aggregators using the lenders and income in your own book. Start with the lenders used during the last 12 months, then confirm which groups can accredit your brokerage with them.
- Record your settlement volumes and upfront and trail income. Model each group’s proposed split against those figures, then deduct every recurring fee and optional service charge. Use the aggregator fee comparison to understand the pricing models.
- Run one sample residential file through each shortlisted portal. Compare document handling, research records and file-review support. Export the completed file and client record.
- Get the licensing model and exit terms in writing. Include notice periods, client-data retrieval, trail after departure and clawback liabilities. Read the guide to switching aggregators before serving notice.
This table compares the ten groups on what each publishes. Where a cell says the offer sets a term, the group’s written agreement decides it.
| Aggregator | Published Panel Access | Fee Model | Commission Split | CRM | Exit Terms |
|---|---|---|---|---|---|
| LMG | 100+ banks and lenders across the group | Franchise, partner or Bring Your Own Brand plan | Set by the plan offered | MyCRM | Set in the agreement |
| AFG | 80+ lenders and partners | Set in the agreement | Set in the agreement | Suite360 with BrokerEngine Plus | Set in the agreement and exit schedule |
| Finsure | More than 75 lenders | Flexible commission structures | Set in the offer | Infynity | Set in the agreement |
| Connective | More than 70 lenders | Maximiser fixed fee or Variable | Maximiser keeps 100% of upfront and trail before fees. Variable splits upfront by monthly volume, with a published trail split. | Mercury Nexus | No lock-in contract, and brokers keep their trail book |
| SFG | No total on its company profile | Written fee schedule | Set in the written schedule | SFGconnect | Set in the agreement |
| YBR Aggregation | 35+ on its accreditation page | Tiered commission or transaction-based | Set by the model chosen | Vownet on Salestrekker | Set in the agreement |
| nMB | More than 30 residential and commercial lenders | Set in the offer | Set in the offer at each volume threshold | Mortgage Broker Suite | Set in the agreement |
| outsource Financial | No total on its panel page | Broker, referrer or combined member model | Set by the member model | Salestrekker | Set in the agreement |
| MoneyQuest | More than 60 lending institutions and suppliers | Franchise agreement | Set in the franchise agreement | Proprietary franchise dashboard | Set in the franchise agreement |
| Liberty Network Services | Residential, motor, commercial, business, SMSF and custom lending | Liberty Adviser network model | Set in the fee schedule | Spark+ adviser platform | Set in the agreement |
Illustrative example: a brokerage receives $20,000 upfront and $8,000 trail in a month. A 10% split costs $2,800 before other charges. Compare that with the complete flat-fee offer using the same GST basis, then repeat the calculation for a quiet month.
If you want a smaller network, compare Australian sub-aggregators separately. Broker counts, lender panels, software and fees change. Treat this list as a starting point and make your decision from the current agreement and the service your brokerage needs.
