Member Type |
Membership Fees |
|---|---|
|
Individual Membership Options |
|
|
Individual member - loan writer |
$525 |
|
Individual member - non loan writer |
$154 |
|
Student member |
$154 |
|
Broking Business or Mortgage Management business dealing directly with the public |
$525 |
|
|
|
|
Mortgage Management Business not dealing directly with the public |
|
|
1 - 5 employees / representatives |
$979 |
|
6 - 15 employees / representative |
$1,089 |
|
16+ employees / representatives |
$3,575 |
|
|
|
|
Aggregator / Franchise Groups |
|
|
Under 30 |
$2,112 |
|
31 - 100 |
$3,740 |
|
101+ members |
$5,676 |
|
|
|
|
Trustee Company |
$858 |
|
Mortgage Insurer |
$18,700 |
|
|
|
|
Lender / Funder |
|
|
$1B & over |
$18,700 |
|
$350M to $1B |
$12,650 |
|
Less than $350M |
$4,620 |
|
|
|
|
Services |
|
|
Support Service Provider |
$990 |
|
|
|
| Other associated fees, as applicable | |
|
Membership Application Fee |
$121 |
|
Credit Check Fee |
$19.25 |
|
MFAA Initial Compliance Pack |
$220 |
The Membership Application Fee is for reviewing and processing new membership applications and is not refundable once a membership application has been reviewed.
Once membership has commenced, the membership fee is not refundable.
Please note that a merchant fee will be applied to all credit card payments. Visa and Mastercard 1.21% and American Express and Diners 1.925%.