Mortgage Choice Pty Ltd ACN 009 161 979 (Australian Credit Licence 382869) and Smartline Operations Pty Ltd ACN 086 467 727 (Australian Credit Licence 385325) are owned by REA Group Ltd. Your broker will advise whether they are a credit representative of Mortgage Choice or Smartline.

How do we ‘settle a loan every 15 minutes’?

Mortgage Choice has over 900 mortgage brokers around the country, working hard to arrange loans for Australian borrowers. Based on the number of loans settled by all Mortgage Choice brokers in the past 12 months, we settled an average of 96 loan applications per day. This translates to around four loans every hour or one loan every 15 minutes.

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The advice provided in posts / comments by Mortgage Choice representatives on social media outlets is to be considered general advice only. It has been prepared without taking into account your specific objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. If any products are detailed in this presentation, you should obtain a Product Disclosure Statement relating to the products and consider its contents before making any decisions.


The information provided on this website is for general education purposes only and is not intended to constitute specialist or personal advice. This website has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should consider the appropriateness of the advice to your own situation and needs before taking any action. It should not be relied upon for the purposes of entering into any legal or financial commitments. Specific investment advice should be obtained from a suitably qualified professional before adopting any investment strategy.

If any financial product has been mentioned, you should obtain and read a copy of the relevant Product Disclosure Statement and consider the information contained within that Statement with regard to your personal circumstances, before making any decision about whether to acquire the product. You can obtain a copy of the PDS by emailing or by calling 13 77 62.

*Note: the home loan with the lowest current interest rate is not necessarily the most suitable for your circumstances, you may not qualify for that particular product, and not all products are available in all states and territories.

#The comparison rate provided is based on a loan amount of $150,000 and a term of 25 years. WARNING: This Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

~Not all brokers or advisers offer the products of all lenders or solution providers.

How do Mortgage Choice brokers get paid?

There is no charge for our home loan service as the lenders pay us. This means you can tap into your broker's expertise at no charge and save yourself time and hassle looking for the right home loan option. The commission received by Mortgage Choice and your broker will be provided in the Preliminary Assessment and Proposal document that we will provide to you before applying for finance.

If you apply for a personal loan, commercial loan or a lease, we may charge you a fee for our services. If a fee is to be charged, this will be disclosed to you before applying for finance. There are also circumstances where we provide an Application Ready Service for which we may also charge a fee which will be disclosed to you prior to us commencing any work.

Mortgage Choice brokers do not receive bonus commissions or volume bonus payments from the lenders that provide finance for our customers.

Your brokers' licensee may receive additional commissions or bonuses from some finance providers relating to the quality of the service we provide to our customers. Such payments are dependent upon a number of factors and cannot be quantified at this time.

You may need to pay the finance provider's application, valuation, legal and other fees.