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25.01.2022 The Banking Royal Commission was formed to look into misconduct in the Banking, Superannuation and Financial Services Industry. The Banking Royal Commissions role is to identify misconduct, relay their findings and make recommendations to the government to ultimately eradicate any issues within these industries and achieve better outcomes for Australias Finance and Financial Services customers. As a collective Finance Brokers do not understand how the Banking Royal Commissi...on has come to question why Finance Brokers get paid an upfront and trailing commission and have proceeded to formerly take on board that Australias Finance Brokers should adopt a fee for service model as suggested by Mr Comyn, CEO of the Commonwealth Bank of Australia. If a fee for service model were to be introduced the consumer would need to pay the Finance Broker a fee for their services, this is clearly not a better customer outcome in any way or form. This would also more likely give more control directly back to the major banks making it more difficult for other smaller lenders to continue to have any market share which in turn will stifle competition within the banking and lending industry in general, again clearly not a better customer outcome. Of all loans taken by customers Australia wide 55% are written in the main by caring customer focused Finance Brokers that are small business owner operators, over 17,000 Finance Brokers nationally. This would simply suggest that 55% of all finance seeking customers throughout Australia prefer to use a Finance Broker over dealing with a Bank or a Lender directly and are content with the current arrangement as are Finance Brokers with the current remuneration model. The main concern for some major banks is that they are losing market share especially through their proprietary channel due to Finance Brokers in the general course of their business activities placing these customers elsewhere and taking advantage of better interest rates and cheaper costs which is why some major banks are irritated with this arrangement, nothing to do with a better customer outcome. Finance Brokers generally have 30 to 36 different Banks and Lenders on their panel giving them the ability to compare hundreds of Bank and Lender products and policies and source the most suitable product to recommend to their customers for their needs and requirements. Banks and individual Lenders on the other hand have only their own products to sell customers. Therefore, after consideration and without self interest, which channel is most likely to represent the customer better by providing the most suitable product, the most competitive product and a no cost better overall customer outcome, the Finance Broker channel or the Bank proprietary channel? Finance Brokers United Australia Please share this with everyone you can enabling them to draw their own conclusions and hopefully support our cause, feel free to copy and paste on your own pages. .

25.01.2022 The Royal Commission have been grossly misguided into taking away commissions for Mortgage Brokers. This will decimate the Mortgage Broking industry (which are in the main small business operators) and reduce competition and give control back to the major banks. This will ultimately destroy competition and make it harder for consumers to obtain loans, it will also give the banks more power and freedom to increase interest rates independent to the reserve bank interest rate moves. It is in every Australians interest to object, be heard and campaign against this as much as possible to have it overturned. We all need to do something about this immediately so get involved, sign petitions and do anything you can to stop this happening.

25.01.2022 How long has it been since you had a mortgage review? We can review your mortgage free of charge and advise you how you can save money. Call us today, 07 4724 1121

23.01.2022 If you do not have your bank managers direct telephone number here is mine. tel: 07 4724 1121 mob: 0418 997 711... Call me today to save money on your home loan, we have saved money for many of our clients all over Australia.

22.01.2022 Wishing all our clients and friends a Merry Christmas and a Safe and prosperous New Year.

20.01.2022 We strive and continue to save our clients money by finding them the most suitable competitive Home Loans and Investment Loans. We would like to remind you all that we now have offices in Melbournes Eastern (Doncaster) and Western (Werribee) suburbs as well as our original Townsville office. Call me direct today 0418 997 711.

20.01.2022 Has your Bank said no to a loan or a rate reduction? We have access to around 34 different lenders, so we can say yes more often. Call us today. 07 4724 1121 0418 997 711

19.01.2022 For all Home Owners in the Townsville area affected by the floods. If you are experiencing financial hardship and need advice regarding your mortgage and home loan repayments contact me for a free confidential discussion specific to your situation. 07 4824 1121 or 0418 997 711

18.01.2022 Looking for a better Home Loan? Call us today.

18.01.2022 There are approximately 10,000,000 home loans in Australia. Approximately 6,000,000 of these were arranged through a mortgage broker free of charge to the borrower. The Banking Royal Commission and both Liberal and Labour Governments have suggested that the borrower should pay the Finance Broker approximately $2,000 per loan. This will add a cost to consumers/borrowers of $12,000,000,000 or 12 billion dollars, and adversely the banks will increase their profits by the same am...ount. So if you currently have a Home Loan or anticipate having one in the future I urge you to voice your opinion on this matter now before it is too late, make yourself heard and support your local Finance Broker. The Banks have been found to have been the perpetrators of gross misconduct and have been rewarded for wrongdoing and the Finance Brokers have been punished for providing competition in the industry and helping borrowers........not the required outcome and not a better outcome for Australian borrowers. See more

17.01.2022 The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5% with the last rate move back in August 2016. I'd like to share today's rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision. In making this decision the RBA looks to have taken into account the lack of economic growth in Australia, evidenced by the continued falling of house prices, a rise in mortgage arrears and a drop in the number of ...dwelling approvals in July. The move to leave the cash rate on hold, rather than decrease rates, has been debated by some of Australia's leading economists, with many Australians recently subjected to "out of cycle" rate increases. The term "out of cycle" referring in to lenders increasing rates independently of the Reserve Bank - activity we saw just last week with a large number of Australia's lenders raising their rates and others tipped to follow suit. Australian lenders are confronting the same dynamics of rising cost of funding and a weakening lending market. They have much more complicated funding structures including accessing offshore wholesale and securitisation markets. Regulatory changes designed to strengthen the banking system have also seen the amount of capital lenders are required to hold increase, which means they have had to look to more expensive sources than their own balance sheets to fund loans. With a large number of Australian lenders increasing rates out of cycle recently it is important to review your lending options regularly to ensure they remain the most suitable for your situation. There may be different rates available from our wide panel of lenders and I'm always available to ensure you have the right financial solution for your current and future circumstances. If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to give us a call.

17.01.2022 10th October, 2018 Value and service continues to drive strong growth in broker market share Consumers are continuing to turn to mortgage brokers in ever-growing numbers, demonstrating their trust and confidence in the broker community, according to the latest quarterly data on market share.... New data released by research group comparator, a CoreLogic business, has shown a continuation of strong growth in market share. Brokers settled 53.9 per cent of all new residential home loans during the June 2018 quarter, compared to 51.5 per cent for the same quarter last year. The June 2018 quarter was also the strongest June quarter ever recorded in what is traditionally a seasonally-low quarter for broker market share. MFAAs Quarterly Survey of leading mortgage brokers and aggregators for April, May and June 2018 MFAA CEO Mike Felton said the data was further evidence of the value and service that mortgage brokers deliver to customers and the economy. This result is a triumph for our members, whose exemplary work for their customers has risen above the current scrutiny and media attention. Mortgage brokers settled $49.5 billion in residential home loans in the quarter, which is the largest dollar value recorded for the broker channel for the seasonally-low June quarter since data collection commenced in 2012, Mr Felton said. The 2.4 percentage point increase on the same quarter in 2017 is also the biggest increase between like quarters since December 2014 and is made even more significant by the fact that the quarter coincided with the Royal Commission hearings. This result is a testament to the remarkable work of brokers and their commitment to quality service. According to a recent report by Deloitte Access Economics, mortgage brokers on average have 13.8 years industry experience. This expertise underpins the trust and confidence that consumers have in their broker, and the value that expertise is delivering, he added. Comparator compiles quarterly broker statistics for the MFAA by calculating the value of loans settled by 18 of the leading brokers and aggregators as a percentage of ABS Housing Finance commitments.

16.01.2022 Let us help you with a Home Loan. Call iLend Finance today, we make it simple for you. tel: 07 4724 1121... mob: 0418 997 711 See more

16.01.2022 All the very best wishes to our clients and friends, hope you all have a Safe, Happy and Prosperous New Year.

14.01.2022 Let us help you save money with your home loan. Call us today.

14.01.2022 Wishing everyone a happy and safe Easter.

12.01.2022 Would you like a better deal on your home loan? We have access to a large number of Australian lenders with hundreds of loan products. We find you the right loan to suit your needs and save you money.... We can help with new loans, refinancing existing loans or topping up your current loans to extend your home, build a shed or put in a pool. Our service is free, all you have to do is call, it is that easy. Talk to us today! tel: 07 4724 1121 mob: 0418 997 711

12.01.2022 Need help with your Home Loan? Are you paying too much? Call us today. 07 4724 1121Need help with your Home Loan? Are you paying too much? Call us today. 07 4724 1121

11.01.2022 Ok, so your home loan interest rate doesnt start with a 3. You have spoken to your bank and they wont do anything about it. We will, call us today.... 07 4724 1121

10.01.2022 Bank on us for your home loan, we work for you to find the most suitable home loan from up to 34 Australian lenders.Bank on us for your home loan, we work for you to find the most suitable home loan from up to 34 Australian lenders.

10.01.2022 The following was posted by a fellow Finance Broker that unfortunately is leaving the industry. Goodbye & Good Luck Everyone! It is with a heavy heart that I say goodbye to the mortgage industry forever...... I am returning to the corporate world where I can earn a decent wage & not have to worry about future clawback; Royal Commissions; negative press; depressed real estate markets; inexperienced credit assessors; frustrating lenders & fickle customers... Life is too short ...for this stress...... Good luck to all those brokers who are sticking it out. I wish you well...... Ciao. Unless we all get behind the Finance Brokers in this country there will be a lot more of this and the general public needing finance will be at the mercy of the big four banks once again. Please share to all your friends and ask them to share as well in support of all Australian Finance Brokers and help keep competition in the Finance industry alive. Please share, share, and share some more to make everyone aware.

08.01.2022 Let us give your Loans a free health check. Is your interest rate too high? Are you paying too much in fees? Can your loan/loans be restructured to save you money? Can you consolidate some debts to save you money?... Call us today. 07 4724 1121 0418 997 711

08.01.2022 Wishing all our clients, old and new a very Merry Christmas and a Happy and Prosperous 2020. Stay safe and we will be back to help you all with your finance requirements in the new year. Best wishes from the iLend Team.

07.01.2022 If you have the best Home Loan available today you dont need to call us. tel: 07 4724 1121 mob: 0418 997 711If you have the best Home Loan available today you dont need to call us. tel: 07 4724 1121 mob: 0418 997 711

05.01.2022 I am a self employed Finance Broker, I am not rich like the big banks, but I get my ass up every morning and fulfil my appointments every working day and sometimes on weekends if more convenient for my clients which are very diverse and have specifically different situations and requirements. When I meet with my clients I listen to their needs and objectives and probe them about their situation, I think about how I can help them achieve their goals and discuss affordability w...ith them. When our meeting is over I spend hours looking for the best potentially viable and affordable solution for their requirements. I compare interest rates, upfront costs, ongoing costs and policies to ensure I am suggesting the right products for my clients needs. I then present these options to my clients and discuss pros and cons of each possibility and when we mutually agree on the best product available to suit their requirements I begin to collect the required information and prepare a submission and application for the chosen lender. I will then follow the application through to approval and receive Mortgage documents which I thoroughly explain their contents before they sign and then dispatch them back to the lender. I keep following up with the lender, the clients solicitor or their conveyancer and any other applicable parties to ensure the process is running smoothly and on time right up to settlement. Following settlement I offer periodic reviews to my clients to ensure they are kept up to date with market changes and ensure that they have options and a competitive product, this is the service I offer to all my clients. I dont think of how much money I am going to make, I dont think how much trail I am going to receive, I dont offer them one of only a few products I may have, I dont try and sell them a credit card, I dont try and sell them insurance, I dont try and book them an appointment with a financial planner, I dont try and sell them a personal loan, I dont try to sell them a car loan, I am not a filthy rich bank, I am a self employed Finance Broker. See more

03.01.2022 We are one and we are many and along with our clients we are monumental, unfortunately this is the same reason some of the big banks want to put us out of business. Firstly, I would like to thank some of the big banks and the RC for placing us in a compelling situation which resulted in a thorough examination of our business model, position, and contribution to the Finance Industry. Secondly, due to the results, I would like to congratulate all Finance Brokers for a job well ...Continue reading