In 2026, mortgage broker trail income on low doc loans is capped at 0.15% p.a. under new Treasury rules. Self-employed borrower verification and ASIC best interests duty shape the loan. Information only.
Real conversion data comparing mortgage broker vs direct bank application outcomes: 67.8% broker settlement rate versus 41.3% direct. Independent analysis drawing on APRA, RBA and ASIC data.
Real conversion data exposes a wide gap between mortgage broker and direct bank applications. Australian borrowers gain 30–50 percentage points higher settlement rates through broker channels.
The questions most borrowers forget to ask - and the answers that separate a good broker from an order taker.
A side-by-side look at big-bank branch pricing vs what a broker can negotiate on the same file in April 2026.