All of our Home Loan Brokers are accredited by the peak industry bodies to ensure you, our client receive the best in advise, support and information when arranging a home loan.
Mortgage and Finance Association of Australia
The Mortgage and Finance Association of Australia (MFAA) established in 1980, is a leading provider of service and advocacy for mortgage brokers, finance brokers, mortgage managers, lenders (bank and non-bank), and originators to assist them develop, foster, and promote the mortgage and finance industry.......
Australian Finance Group (AFG)
We are part of AFG who help 150,000 Australians' buy their dream home every year.
Our mortgage Brokers are all AFG Accredited and can contact you to arrange a suitable time to meet and discuss your requirements. Based on your needs, our mortgage brokers will filter from a wide range of loans and.....
Consumer Ombusman Service Ltd (COSL)
The Credit Ombudsman Service is an external dispute resolution scheme established by Credit Ombudsman Service Limited (COSL) and approved by the Australian Securities & Investments Commission (ASIC)......
Veda Advantage provides a wide variety of data solutions, products and services, we are best known for our credit bureau in Australia and New Zealand......
Mortgage Finance Association of Australia (MFAA)
The Mortgage and Finance Association of Australia (MFAA) established in 1980, is a leading provider of service and advocacy for mortgage brokers, finance brokers, mortgage managers, lenders (bank and non-bank), and originators to assist them develop, foster, and promote the mortgage and finance industry.
Our Mission
To be recognised as Australia''''s pre-eminent association for mortgage and finance professionals
Our Objectives
Advocate on behalf of the mortgage and finance professional
Set and enforce standards which define professionalism for members
promote excellence through best practice for the benefit of customers
provide relevant, cost effective services and learning and development opportunities for members
support the evolution of the mortgage and finance industry
There are currently over 13,000 members of the MFAA.
The association has previously been known as the Mortgage Industry Association of Australia (MIAA), the Mortgage Industry Association of Australasia and the Mortgage Bankers Association.
Australian Finance Group (AFG)
We are part of AFG who help 150,000+ Australians' buy their dream home every year.
Our mortgage Brokers are all AFG Accredited and can contact you to arrange a suitable time to meet and discuss your requirements. Based on your needs, our mortgage brokers will filter from a wide range of loans and..... present to you the most suitable loan options for your consideration.
Once satisfied with your choice they will then assist you with completing the application, lodging it with the lender and then driving it all the way through to settlement.
Throughout this process we are working for you delivering the very best in service, expert advise and assistance almost anywhere in Australia.
Credit Ombudsman Service Ltd (COSL)
The Credit Ombudsman Service is an external dispute resolution scheme established by Credit Ombudsman Service Limited (COSL) and approved by the Australian Securities & Investments Commission (ASIC).
The Credit Ombudsman Service provides consumers and members with an alternative to legal proceedings for resolving their disputes.
The broad aim of the Credit Ombudsman Service is to provide independent and prompt resolution of disputes in accordance with:
relevant legal requirements
the Mortgage & Finance Association of Australia (MFAA, formerly MIAA) Code of Practice and other recognised Codes of Practice
good practice in the credit industry
fairness in all the circumstances.
Individuals who refer their complaint to the Credit Ombudsman Service can have their complaint determined by the Credit Ombudsman. The Ombudsman's decision is binding on a Member only if the consumer accepts the Ombudsman's decision.
The Ombudsman can only deal with disputes where the amount of the claim is $250,000 or less.
Although Veda Advantage provides a wide variety of data solutions, products and services, we are best known for our credit bureaux in Australia and New Zealand.
So what is the purpose of a credit bureau?
The purpose of a credit bureau is to act as an independent source of information on credit applicants. Credit providers can therefore make an informed decision during the application process. As such, a credit bureau must:
provide a credit provider with all the available information relating to the applicant, including other identities that the entity may be using;
provide a credit provider only with information relating to the applicant at the point of enquiry; and
provide consistent responses regardless of minor variances in input data.
All advanced economies rely on the existence of one or more credit bureaux to reduce the risks associated with providing credit and therefore minimise interest rates within the wider community.
Providing comprehensive coverage and analysis of the credit-active population, including individuals, companies, businesses and sole traders, is a critical aspect of running an effective bureau. Veda Advantage operates the leading credit bureaux in Australia and New Zealand for both individual and commercial purposes.
