Real conversion data comparing mortgage broker vs direct bank application outcomes: 67.8% broker settlement rate versus 41.3% direct. Independent analysis drawing on APRA, RBA and ASIC data.
Real conversion data exposes a wide gap between mortgage broker and direct bank applications. Australian borrowers gain 30–50 percentage points higher settlement rates through broker channels.
In 2026, the offset vs redraw decision turns on a tax-liquidity trade-off. This 2,200-word independent analysis maps ATO deductibility, APRA deposit safety, and RBA rate paths to a dollar‑precise break‑even.