As a broker, your aggregator should be helping you, not hindering you.
While this sounds like a no-brainer, many aggregators suffer from poor customer service, antiquated technology, and a lack of professional development.
If you feel like you’re time travelling back to the 1990s every time you log into your broker portal, it’s time to consider your options.

The best aggregators combine excellent customer service, diverse lender panels, attractive commission schedules, and cutting-edge mortgage broker software.
Based on these factors, we’ll examine the Top 10 Mortgage Aggregators across Australia. Let’s dive in.
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Top 10 Mortgage Aggregators in Australia
1. Loan Market Group (LMG)
Overview
Loan Market Group (LMG) is a leading mortgage and finance broking aggregator in Australia and New Zealand, supporting a vast network of over 6,000 brokers and advisers.
LMG is the combination of Loan Market, PLAN Australia, Choice Aggregation, and FAST (PCF), with the consolidation under a single brand taking place in 2023.
It facilitates the annual settlement of over $130 billion worth of loans, showcasing its significant market impact and making LMG the largest aggregator in Australia.
Commission Structures
LMG offers competitive commission structures that are designed to reward brokers effectively. They offer flat fees, a percentage-based commission structure, and even allow you to BYOB (Bring Your Own Brand). Here’s a full breakdown of LMG’s fee and commission structure.
Lender Panel Diversity
LMG works with more than 60 banks and lenders (including both tier 1 and tier 2 lenders), providing brokers with access to a diverse range of financial products.
This extensive network enables brokers to efficiently meet their clients’ varied financial needs.
Technology and Tools
LMG is renowned for its MyCRM software, which optimises the loan process from lead to settlement. This system enhances broker productivity and ensures compliance, making it a cornerstone of LMG’s technological offering.
Compliance and Regulatory Support
Compliance is a key feature integrated within the MyCRM platform. It ensures that brokers adhere to regulatory standards throughout the loan processing journey.
Training and Professional Development
LMG is committed to the professional growth of its brokers, offering extensive training opportunities. These include webinars, personal development days, and participation in the industry’s largest national conference.
Marketing and Business Development
LMG provides substantial marketing support to its brokers, including a strong digital presence, marketing automation tools, and mortgage broker tools. Brokers also benefit from access to extensive networks like Ray White, which enhance lead generation and brand recognition.
Customer Support
LMG is committed to delivering high-quality customer support to assist brokers in maximising their business potential and addressing client needs effectively.
Entry Requirements and Fees
LMG allows brokers to operate with a high degree of flexibility, distinguishing its model from traditional restrictive franchise arrangements. This enables brokers to tailor their business practices to best suit their individual and client needs.
2. Australian Finance Group (AFG)
Overview
Australian Finance Group (AFG) is one of Australia’s largest mortgage broking groups and aggregators. With a history of over 29 years, AFG has built a substantial presence in the industry, supporting brokers through a range of services to enhance business growth and operational efficiency.
Commission Structures
AFG offers its brokers a competitive commission structure designed to facilitate the growth and profitability of broker businesses.
They currently only offer a percentage based commission split, which gets more generous the more loans you write with AFG. Here’s a full breakdown of AFG’s fee and commission structure.
Lender Panel Diversity
AFG provides its brokers with access to a diverse panel of over 70 lenders, encompassing over 7,000 finance products.
This extensive range ensures that brokers can cater to a vast array of client needs and preferences, enhancing service delivery and customer satisfaction.
Technology and Tools
AFG champions technological innovation through its Suite360 platform, a comprehensive suite of tools designed to optimise brokerage operations from customer management to loan processing.
This platform supports brokers in maintaining efficiency and competitiveness in the market. Brokers can further enhance their financial planning by using a trail commission calculator to estimate earnings across AFGs competitive commission splits.
Compliance and Regulatory Support
AFG is committed to ensuring that its brokers remain compliant with regulatory requirements. To streamline this aspect of the brokerage business, AFG offers dedicated compliance support integrated into its technology platforms.
Training and Professional Development
AFG places a strong emphasis on broker development and offers extensive training and professional development resources. These resources are designed to support brokers at every stage of their career, from newcomers to experienced professionals looking to expand their business scope.
Marketing and Business Development
AFG assists brokers with powerful marketing tools and strategies through its SMART program, designed to enhance brand visibility and lead generation. This program includes support for digital marketing, content creation, and customer relationship management.
Customer Support
AFG prides itself on providing robust support to its brokers. Over 250 industry experts are available to assist with various business needs. This support ranges from technical assistance to strategic business advice, ensuring brokers can focus on growth and client service.
Entry Requirements and Fees
AFG allows brokers significant flexibility in their operations, supporting a range of business models from independent brokers to large enterprises. Details regarding entry requirements and any associated fees are best obtained directly from AFG to ensure accuracy and relevance to specific business needs.
AFG continues to be a leading choice for mortgage brokers in Australia, offering a combination of strong industry standing, comprehensive support services, and a commitment to broker success.
3. Finsure
Overview
Established in 2011, Finsure has rapidly grown into one of Australia’s largest mortgage broking groups. The company prides itself on offering innovative solutions and strong support to its network of over 2,500 brokers. Finsure’s business model focuses on delivering a compelling value proposition to its partners, and it has recently expanded its operations to New Zealand.
Commission Structures
Finsure offers flexible commission options to suit the diverse needs of its brokers. This flexibility ensures brokers maximise earnings while aligning with Finsure’s business operations and client servicing. Here’s a full breakdown of Finsure’s fee and commission structure.
Lender Panel Diversity
Finsure provides access to an extensive lending panel that includes over 75 of Australia’s leading lenders. This diversity ensures that brokers can cater to a wide range of client requirements, from standard residential loans to more complex commercial arrangements.
Technology and Tools
Finsure is a leader in technological innovation in the mortgage aggregation sector, particularly with its Infynity CRM. This platform is celebrated for its ability to enhance brokers’ efficiency and effectiveness through advanced data management, process automation, and client engagement tools.
Compliance and Regulatory Support
Recognising the complexities of compliance in the financial industry, Finsure offers robust support in this area. Their team is dedicated to assisting brokers with compliance obligations, ensuring that they can focus more on client service and less on administrative burdens.
Training and Professional Development
Finsure commits to the ongoing development of its brokers through extensive training and educational programs. These include webinars, professional development days, and access to expert mentors, all designed to enhance the skills and knowledge of their broker network.
Marketing and Business Development
Marketing support is a key feature of Finsure’s service offering. Brokers receive personalised marketing assistance that helps elevate their market presence and client engagement. This support includes tools and strategies for digital marketing, brand development, and client acquisition.
Customer Support
Finsure offers a high level of customer support through dedicated Business Development Managers and an onboarding process that facilitates quick and efficient broker accreditation. This support structure is crucial in helping new brokers integrate into Finsure’s network and start their operations smoothly.
Entry Requirements and Fees
Finsure is known for its broker-friendly entry requirements, focusing on empowering brokers rather than restricting them with burdensome costs. Details on specific fees and requirements are readily available through direct contact with Finsure, ensuring transparency and clarity for prospective brokers.
Finsure continues to grow and innovate, providing its brokers with the tools and support needed to succeed in a competitive market. Their expansion into New Zealand and the use of open banking technology indicate their commitment to leading the industry in service and technological advancement.
4. Connective
Overview
Connective is acclaimed for its innovative approach to mortgage broking. Founded in 2003, Connective empowers brokers with tools, resources, and support to enhance their businesses. Its mission is to provide value-driven services that improve brokers’ operational efficiencies and profitability without restrictive contracts.
Commission Structures
Connective offers two different commission schedules: one variable rate and one fixed rate.
This allows brokers with a smaller and growing trail book to get competitive rates through their variable aggregator fee schedule, while brokers with substantial trail books can instead opt for Connective’s fixed fee commission schedule. Here’s a full breakdown of Connective’s fee and commission structure.
Lender Panel Diversity
Connective provides access to a vast lender panel, which includes over 60 financial institutions. This diversity enables brokers to offer various products and services to meet various client needs, enhancing customer satisfaction and broker versatility.
Technology and Tools
The Mercury business platform stands out as Connective’s flagship technological offering. This platform is designed to streamline business processes, enhance client management, and support marketing activities. Mercury allows brokers to manage their operations more efficiently, saving time and resources, which can be directed towards business growth.
Compliance and Regulatory Support
Connective strongly emphasises compliance, offering dedicated support to ensure that brokers meet all regulatory requirements. Their compliance assistance is integrated into the Mercury platform, simplifying the process and ensuring that brokers can focus on their core business activities without compliance-related distractions.
Training and Professional Development
Connective is committed to the ongoing professional development of its brokers. They provide comprehensive training and development resources, including webinars, workshops, and a detailed professional development program. These resources are designed to help brokers expand their knowledge and stay competitive in the rapidly evolving mortgage industry.
Marketing and Business Development
Connective supports its brokers with robust marketing tools and strategies. Their platform includes features for automated marketing campaigns, client relationship management, and lead generation. These tools are crafted to help brokers enhance their market presence and attract new clients effectively.
Customer Support
Connective is noted for its strong customer support. It offers one-on-one guidance and advice through dedicated Partnership Managers. These managers are pivotal in helping brokers navigate the complexities of the mortgage broking environment and ensuring they have the necessary support to succeed.
Entry Requirements and Fees
Connective is known for its broker-friendly entry conditions, which are designed to accommodate a wide range of business models. Their membership terms are flexible, with no lock-in contracts, allowing brokers the freedom to operate independently while benefiting from Connective’s extensive network and resources.
Connective’s approach to mortgage broking focuses on partnership and support, making it a preferred choice for brokers looking for growth and autonomy in their business practices.
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5. Specialist Finance Group (SFG)
Overview
Specialist Finance Group (SFG) has been a significant player in the mortgage aggregation sector for over 30 years, offering bespoke financial brokerage services that focus on niche markets and customised solutions. SFG is known for its innovative approach and commitment to providing tailored services that address the specific needs of its brokers.
Commission Structures
SFG offers competitive and flexible commission structures tailored to support its brokers’ diverse business models. This flexibility ensures that brokers can optimise their earnings while aligning with their businesses’ strategic goals.
Lender Panel Diversity
SFG partners with a wide range of lenders, allowing its brokers to access diverse financial products. This extensive network supports delivering tailored solutions to clients, enhancing customer satisfaction and broker effectiveness.
Technology and Tools
SFG integrates advanced technology in its service delivery, prominently featuring digital tools like SFGconnect. This platform enhances the efficiency of insurance application and mortgage processing, significantly streamlining brokers’ operations.
Compliance and Regulatory Support
Recently, SFG has strengthened its commitment to compliance by appointing a new national compliance director, underscoring its focus on maintaining rigorous governance and adapting to regulatory changes in the finance sector.
Training and Professional Development
SFG supports its brokers with extensive training and development resources, ensuring they are well-equipped to meet the challenges of the financial market and serve their clients effectively.
Marketing and Business Development
SFG has engaged in strategic partnerships, such as with WLTH, to expand its service offerings. These partnerships allow SFG brokers to provide enhanced value through innovative products and environmental initiatives, enriching the broker-client relationship.
Customer Support
SFG is dedicated to providing robust support to its brokers, ensuring they have the resources needed to succeed. This includes personalised service and guidance through various stages of client engagement and transaction processing.
Entry Requirements and Fees
SFG is known for its broker-centric policies, which include transparent and straightforward entry requirements. These policies aim to foster a supportive environment for new and existing brokers.
SFG’s proactive approach in areas like technology adoption, compliance, and strategic partnerships demonstrates its commitment to leading the industry in innovation and broker support. These efforts enhance the service quality provided by its brokers and position SFG as a forward-thinking leader in the mortgage aggregation market.
6. Vow Financial
Overview
Vow Financial, part of the Yellow Brick Road Group since 2014, is a major player in the Australian mortgage and finance industry. With a network of over 1,250 brokers managing a loan book worth approximately $45 billion, Vow Financial is committed to empowering brokers through robust support systems, comprehensive training, and a diverse range of financial products.
Commission Structures
Vow Financial offers a competitive and flexible commission model. Brokers can choose between different plans, including a competitive percentage model based on settlement volumes and a transaction model that charges a small fee per settled deal. This structure accommodates varying business sizes and volumes, ensuring that commission grows with the broker’s business. Here’s a full breakdown of Vow Financial’s fee and commission structure.
Lender Panel Diversity
Vow Financial boasts a wide and diverse panel of lenders, enhancing its capacity to meet various client needs. This extensive network allows brokers to offer tailored financial solutions, thereby increasing client satisfaction and retention.
Technology and Tools
Vow Financial prides itself on its industry-leading CRM system, Vownet, developed on the premium Salestrekker platform. This tool automates significant parts of the mortgage process, allowing brokers to focus on core business activities. Vownet is integral in maintaining compliance and streamlining operations, making it a critical asset for brokers.
Compliance and Regulatory Support
Vow Financial provides robust compliance support through its in-house team. The aggregator ensures that brokers are well-supported in adhering to regulations, with compliance seamlessly integrated into their systems via Vownet.
Training and Professional Development
Vow Financial offers comprehensive training and development opportunities, including eLearning platforms, professional development days, and access to industry events. This commitment to education helps brokers stay current with industry practices and enhances their professional growth.
Marketing and Business Development
Brokers benefit from Vow Financial’s strong marketing support, which includes services ranging from logo design to email campaign management. This support helps brokers enhance their market presence and effectively engage with clients.
Customer Support
Vow Financial is known for its dedicated customer support, providing brokers with the guidance needed to navigate the complex mortgage landscape successfully. The support team is easily accessible, ensuring that brokers receive timely assistance.
Entry Requirements and Fees
Vow Financial offers flexible entry requirements designed to suit a variety of broker business models. Their fee structures are transparent, with clear descriptions provided during onboarding, allowing brokers to select the best model for their needs.
Vow Financial continues to be a leading choice for mortgage brokers in Australia, known for its comprehensive support, innovative technology solutions, and strong commitment to broker development.
7. National Mortgage Brokers (nMB)
Overview
National Mortgage Brokers (nMB) is renowned for its comprehensive support and business development resources, tailored to aid brokers in transitioning from individual brokers to robust broker businesses. Established in 2001, nMB has built a formidable reputation over the years, marked by significant growth and accolades within the industry.
Commission Structures
nMB offers a tailored commission structure that evolves with the broker’s business, ensuring that brokers’ earnings potential increases with their business growth. This model is designed to support brokers at various stages of their business lifecycle.
Lender Panel Diversity
nMB is connected with a wide array of lending institutions, allowing its brokers to offer diverse loan products to meet varied customer needs. This extensive network is critical for brokers looking to cater to a broad market segment.
Technology and Tools
The aggregator provides its brokers with advanced technological tools, including a proprietary Mortgage Broker Suite (MBS). This suite is a comprehensive business system designed to streamline the mortgage broking process, enhancing efficiency and service delivery.
Compliance and Regulatory Support
nMB places a strong emphasis on compliance, offering dedicated support to ensure brokers navigate the regulatory landscape effectively. This includes ongoing training and resources to keep brokers updated on compliance requirements.
Training and Professional Development
nMB is committed to the continuous professional development of its brokers. This commitment is demonstrated through regular training sessions, educational programs, and access to industry seminars and workshops, ensuring brokers are well-equipped to meet industry demands.
Marketing and Business Development
Brokers affiliated with nMB benefit from robust marketing and business development support, which helps them enhance their market presence and effectively engage with clients.
Customer Support
nMB’s approach includes a strong focus on customer support, where brokers receive personalised assistance throughout their journey. This support is crucial in helping brokers maximise their operational efficiency and client service.
Entry Requirements and Fees
nMB offers flexible entry requirements that cater to brokers at different stages of their careers. The aggregator provides clear, straightforward pathways for new brokers to join, with detailed information available through direct contact with their team.
National Mortgage Brokers continues to be a leading choice for mortgage brokers in Australia, known for its commitment to broker growth and success. Their extensive experience and tailored support services make them a preferred partner for many in the industry.
8. Outsource Financial
Overview
Outsource Financial, established in 2010, has grown from a boutique aggregator to a significant presence in the Australian mortgage market, providing customised support to both brokers and referrers. It remains one of the few aggregators not owned by a bank or financial institution, maintaining independence to better serve its members with unbiased and flexible support.
Commission Structures
Outsource Financial offers a range of commission structures that cater to different business models. This allows brokers and referrers the flexibility to choose an option that best fits their business needs, supporting growth and scalability within the industry.
Lender Panel Diversity
The aggregator provides access to an extensive panel of lenders, including major banks, second—and third-tier lenders, and specialist loan providers. This diverse panel enables brokers to find the best fit for their client’s needs, enhancing client satisfaction and retention.
Technology and Tools
Outsource Financial has integrated Salestrekker as its primary CRM platform, which has significantly streamlined brokers’ registration and compliance processes. This integration reflects the aggregator’s commitment to using innovative tools to improve efficiency and productivity across its broker network.
Compliance and Regulatory Support
The aggregator offers robust compliance support, ensuring that its brokers are well-equipped to navigate the ever-changing regulatory landscape. This support is crucial for maintaining compliance and operating successfully within the market.
Training and Professional Development
Outsource Financial strongly emphasises education and training, providing its members with regular updates, training sessions, and access to professional development resources. These opportunities are designed to enhance the skills and knowledge of brokers and referrers.
Marketing and Business Development
Brokers benefit from tailored marketing support, which includes assistance with content creation and marketing strategy development. This support helps brokers enhance their visibility and effectiveness in reaching potential clients.
Customer Support
Dedicated support is a cornerstone of Outsource Financial’s service offering, ensuring that brokers receive the necessary assistance to manage and grow their businesses effectively.
Entry Requirements and Fees
Outsource Financial offers different entry business models, catering to established brokers and those new to the industry. This flexibility allows members to select a model that aligns with their current business structure and goals.
Outsource Financial continues to empower its brokers and referrers with tools, resources, and support designed to foster growth and success in the competitive mortgage market.
9. MoneyQuest
Overview
Established as a boutique aggregator, MoneyQuest has consistently focused on delivering personalised mortgage services with a strong emphasis on client education and support. It provides access to diverse loan products and is committed to enhancing the broker experience through comprehensive support services.
Commission Structures
MoneyQuest offers competitive commission models designed to accommodate its brokers’ needs, ensuring transparency and fairness in its financial dealings.
Lender Panel Diversity
Brokers at MoneyQuest have access to an extensive panel of lenders, ensuring they can offer various products that cater to their client’s diverse needs.
Technology and Tools
MoneyQuest utilises advanced technological tools to streamline processes and enhance the efficiency of its brokers, providing them with robust platforms for managing their client interactions and transactions.
Compliance and Regulatory Support
The aggregator provides significant compliance support to ensure that its brokers remain compliant with industry regulations, thus safeguarding both broker and client interests.
Training and Professional Development
MoneyQuest prioritises the professional development of its brokers, offering regular training sessions and access to educational resources that promote ongoing learning and skill enhancement.
Marketing and Business Development
MoneyQuest supports its brokers with strategic marketing resources and business development tools that help them expand their client base and enhance their market presence.
Customer Support
Dedicated customer support is available to brokers, ensuring they receive the necessary assistance to address any challenges and enhance their service delivery.
Entry Requirements and Fees
Entry requirements for new brokers are structured to accommodate, and clear and concise information is readily available to those interested in joining MoneyQuest.
MoneyQuest remains a prominent player in the aggregator market, known for its commitment to supporting brokers with a range of tailored services and resources.
10. Liberty Network Services
Overview
Liberty Network Services (LNS) has established itself as a leading boutique aggregator that offers personalised and flexible solutions for brokers. Known for its innovative approach, LNS operates as a wholly owned subsidiary of Liberty Financial, providing a diverse range of loan products and substantial support for brokers looking to grow their business.
Commission Structures
LNS offers a commission structure that rewards brokers with competitive rates. This enables them to maximise their earning potential while benefiting from a strong and established brand partnership.
Lender Panel Diversity
The aggregator boasts a comprehensive lender panel, including major banks, second-tier lenders, and specialised financial institutions. This ensures that brokers can offer tailored solutions to meet a wide range of customer needs.
Technology and Tools
Liberty Network Services invests heavily in technology to enhance the efficiency and productivity of its brokers. The Spark+ platform is a notable example. It provides brokers with a powerful tool to manage client interactions and transactions seamlessly, and it is continually updated to stay ahead of market needs.
Compliance and Regulatory Support
LNS provides robust compliance support, utilizing cutting-edge, cloud-based AI to ensure that brokers are always up-to-date with regulatory requirements and best practices.
Training and Professional Development
LNS brokers benefit from personalised training and ongoing professional development opportunities designed to enhance their skills and knowledge and ensure their continued competitiveness in the industry.
Marketing and Business Development
LNS supports its brokers with sophisticated marketing strategies and materials that help them enhance their local market presence and effectively attract new clients.
Customer Support
The network offers extensive support through dedicated sales managers and a dynamic operations team, helping brokers navigate the challenges of the mortgage industry and focus on growing their business.
Entry Requirements and Fees
Liberty Network Services provides flexible entry options for new brokers, making it easier for professionals at various stages of their careers to join and thrive within the network.
Liberty Network Services continues to be a top choice for brokers who value independence, support, and the capability to offer their clients comprehensive and competitive financial solutions.