Why use an Finance Industry Member

SMS Finance holds memberships with (MFAA) Mortgage & Finance Association of Australia, (FBAA) Finance Brokers Association of Australia and (AFG) Australian Finance Group; therefore the obligations of these memberships require you to adhere to the industry Code of Practice which required high professional standards, fair business practices, ethical behavior and compliance with both the letter and the spirit of the relevant laws and regulations – all in the interest of you, the borrower.

FBAA & MFAA sets the highest standards in the industry for its members:

Industry experience
Education standards
Ongoing education to maintain accreditation
Probity checks
Professional indemnity insurance
Membership of an external dispute resolution service

Legal Requirements fo Brokers

There is currently no national regulation for brokers. However, some state laws and regulations exist. National changes are being considered by the government.

Why use an Finance Industry Member

Legal Requirements fo Brokers

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