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Should I use MFAA | Mortgage and Finance Association of Australia?

We are the peak association for the mortgage and finance broking industry. Representing over 15,500 members throughout Australia. - mfaa.com.au

Depends. Join only if you're an Australian mortgage or finance broker needing recognised accreditation, advocacy, and a consumer directory listing. Software buyers, overseas operators, and brokers content with rival FBAA should skip it.

Confidence

Medium. Based on 30+ public sources; pricing snippets partially truncated.

Ratings

  • Value for money
  • Ease of useNot disclosed
  • Feature depthNot disclosed
  • Support qualityNot disclosed
  • Security posture

Pricing

$567/year

Membership

ModelNot disclosed
Monthly fees$567/yr
HardwareNot disclosed
Free tierNo

Best for

  • Australian mortgage & finance brokers
  • New brokers needing accreditation pathway
  • Brokerage owners wanting policy advocacy
  • Brokers wanting consumer directory leads

Not for

  • Software buyers — it's a trade body, not a tool
  • Consumers seeking loans directly
  • Brokers operating outside Australia
  • Brokers already satisfied with rival FBAA

Gotchas - check before you buy

medium

Quoted $567 fee may vary by membership category — confirm your tier before applying

medium

Educational requirements can force extra courses and costs before you qualify

medium

Public disciplinary register — member conduct issues stay visible to the industry

Pros and cons

Pros

  • Peak body with 15,500+ members; strong industry recognition
  • Active advocacy: Treasury, parliamentary, and federal budget submissions
  • Consumer find-a-broker directory drives member leads
  • Publishes cyber, fraud, and scam guidance plus member webinars
  • Established 1982 with formal member discipline governance

Cons

  • Not software — nothing to trial, integrate, or evaluate
  • Educational prerequisites; new entrants may need paid courses first
  • Member misconduct is listed on a public disciplinary register
  • Rival FBAA offers comparable membership; comparison is warranted
  • Paid membership only; $567 base fee, no free tier

Sources & method

Analyzed 10/02/2026 - 10 sources - No known vulnerabilities found in the sources reviewed.

official x6review x1security x1news x2

Key stats

  • Value for money: 3/5

    Rating

  • $567/year

    Starting price

  • 10

    Sources

  • Analyzed

  • Value for money: 3/5. Cheap fee; value depends on using events, advocacy, directory
  • Security posture: 3/5. Privacy policy present; cyber guidance published; no security page
  • 15,500+ Members Peak body for broking industry
  • 1982 Founded Per Treasury submission
  • $567/yr Membership fee Base membership
  • No Free tier Paid membership required

Pricing

Membership

$567/year

  • Industry advocacy and policy representation
  • Events, webinars, and cyber guidance
  • Consumer find-a-broker listing

Security

No known vulnerabilities found in the sources reviewed.

What users say

No direct member reviews found in the sources; industry press covers MFAA's advocacy and cyber guidance rather than member satisfaction.

Full analysis

Based on 30+ public sources; pricing snippets partially truncated.

Trade association, not software. Join only if you're an Australian mortgage broker needing accreditation, advocacy, and member benefits.

Methodology

Based on 30+ public sources; pricing snippets partially truncated.

Sources

  1. MFAA homepagemfaa.com.au
    official
  2. Join the MFAA — membership feemfaa.com.au
    official
  3. Treasury submission (established 1982)treasury.gov.au
    official
  4. Disciplinary Registermfaa.com.au
    official
  5. Find a Broker directoryfindabroker.mfaa.com.au
    official
  6. MFAA cyber resilience guidancemfaa.com.au
    news
  7. MFAA vs FBAA guideentryeducation.edu.au
    news
  8. MFAA Educational Requirementsfinanceinstitute.com.au
    review
  9. Federal Budget 2026-27 advocacymfaa.com.au
    official
  10. MFAA Privacy Policymfaa.com.au
    security

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