Member Type

Membership Fees

Effective 1 July 2021

Individual Membership Options

 

Individual member - loan writer

$540

Individual member - non loan writer

$158

Student member

$158

Broking Business or Mortgage Management business dealing directly with the public

$540

 

 

Mortgage Management Business not dealing directly with the public

 

1 - 5 employees / representatives

$1,010

6 - 15 employees / representative

$1,125

16+ employees / representatives

$3,685

 

 

Aggregator / Franchise Groups

 

Under 30

$2,175

31 - 100

$3,855

101+ members

$5,850

 

 

Trustee Company

$890

Mortgage Insurer

$19,300

 

 

Lender / Funder

 

$1B & over

$19,300

$350M to $1B

$13,040

Less than $350M

$4,770

 

 

Services

 

Support Service Provider

$990

 

 
Other associated fees, as applicable  

Membership Application Fee

$125

Credit Check Fee

$20

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 1.35% merchant fee will be applied to all credit card payments including Visa, Mastercard, American Express and Diners.