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Australia Mortgage
Australia mortgage industry has opened great opportunities for several mortgage brokers. The mortgage proposition is quite appealing to numerous participants that include lenders, consumers and brokers. Undoubtedly, the customers are real winners and they have driven the increasing growth of mortgage industry at the backdrop of escalating and complex range of products that are on offer. The desired development of mortgage broking trade promises exciting future.
Australia mortgage industry acts as providing services and exhibition to mortgage brokers, mortgage lenders, mortgage managers of several banks and non-banking establishments. The main objective is to develop, encourage and promote mortgage industry in Australia.
The Mortgage Industry Association of Australia or in short MIAA comprises of more than 10000 members all around the nation. It has intermediary members that include managers, brokers and lenders, working together to account for 50 percent of the mortgage provider in Australia. Other members include mortgage brokers, bank managers, non bank financers, legal firms, credit unions, fund managers, real estate brokers, building developers, and even software professionals.
The application for membership requires individuals to have education, experience, probity checks and industry sponsorship. There are basically three types of membership which comprise full members, associate members and accredited mortgage consultants.
Australia mortgage industry is emerging as the best resource for acquiring home loans. Other than presenting versatile applications which have made them popular in different fields, it covers the home loans, share market loans, consolidation loans, construction loans, mortgage reduction, relocation loans, and business finance among other types of loans.
