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Residential home lending activity of Connective mortgage brokers
Residential home lending activity of Connective mortgage brokers
Updated over 5 months ago

As an active member of the Combined Industry Forum, we have have made available data regarding the activity of our mortgage brokers. The information below relates to the residential home lending activity for year 2018-2019.

Lender

% of total paid settlements FY18/19

Adelaide Bank

0.686%

AMP

1.328%

ANZ

11.848%

Australian First Mortgage

0.351%

Auswide Bank

0.280%

Bank of China

0.105%

Bank of Queensland

0.849%

Bankwest

5.631%

Bendigo Bank

0.005%

Better Choice Home Loans

0.346%

Better Mortgage Management

0.167%

Bluebay Home Loans

0.037%

Bluestone

0.543%

Citibank

2.732%

Commonwealth Bank

12.847%

Connective HL Essentials by Advantedge

3.834%

Connective HL Select by Bendigo & Adelaide Bank

0.006%

Connective HL Smart Options by Macquarie

0.468%

Connective HL Solutions by Pepper

0.013%

Firstmac

1.557%

Gateway Bank

0.225%

Heritage Bank

0.368%

HomeStart Finance

0.206%

ING

6.201%

Keystart Home Loans

0.278%

La Trobe Financial

1.884%

Macquarie Bank Pty Ltd

5.508%

ME Bank

2.726%

MKM Capital

0.069%

National Australia Bank

10.418%

Newcastle Permanent Building Society

0.381%

P & N Bank

0.146%

Paramount Mortgage Services

0.061%

Pepper Money

1.842%

Resimac Home Loans

3.253%

St George Bank

7.452%

Suncorp Bank

2.900%

Teachers Mutual Bank

0.575%

My State

0.468%

Virgin Money

0.732%

Westpac

10.640%

Total

100.000%

% Brokers Using < 3 Lenders

% Brokers Using 4-7 Lenders

% Brokers using 8+ Lenders

41%

32%

27%

Weighted Average Upfront Commission rate (%) with clawback (inc GST)

Weighted Average Trail Commission rate (%) with clawback (inc GST)

0.624%

0.155%

Weighted Average Upfront Commission rate (%) with clawback (inc GST)

Weighted Average Trail Commission rate (%) with clawback (inc GST)

0.624%

0.155%

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