What is the MFAA?
The Mortgage & Finance Association of Australia (MFAA) is the peak national body representing professional credit advisers (mortgage and finance brokers, mortgage managers and aggregators) across Australia.
As an industry association, the MFAA represents three key pillars; professionalism, ethics and education. This means that any credit adviser that holds MFAA membership adheres to a code of conduct. The MFAA provides resources and guidance to borrowers, helping them make informed choices during their lending and investment journey.
Should any MFAA member not conform to this code of conduct and fail to provide a service which is professional or legally compliant, the MFAA will assess that adviser’s membership through the MFAA Tribunal. Should that adviser be found to be guilty of misconduct, they will either be suspended or expelled from the MFAA.
Borrowers can be assured that an MFAA approved credit adviser will provide them with a reliable and professional service.