FAST Mortgage Aggregator for Brokers 2026

FAST is no longer a separate mortgage aggregator in 2026. Loan Market Group (LMG) bought the FAST mortgage aggregator from National Australia Bank (NAB) in late 2020 and decided in early 2023 to retire the FAST brand. A broker who wants that arrangement now joins LMG.

That changes what your enquiry asks for. You request LMG’s current plan and written terms, and you treat any FAST-branded brochure as a record of an earlier offer.

Confirm the Current Offering

The FAST aggregator now sits inside LMG, and an LMG company holds the FAST business names. LMG’s own broker site, read in October 2026, describes its residential plans, lender panel and support without mentioning FAST.

Who Operates FAST in 2026

ABN Lookup shows that PCF Bid Co Pty Ltd has held the FAST, FAST Aggregation Services and FAST Broker Group business names since 6 August 2021. The same company holds the PLAN Australia and Choice Aggregation names. It also holds BLSSA, which matches one of LMG’s licensee names.

The brand history explains why older material still circulates. Broker Daily described FAST, PLAN Australia and Choice as NAB-owned aggregators in 2014. Its 3 October 2022 report says LMG acquired all three from NAB in late 2020.

The same report says the migration of those brokers onto LMG’s MyCRM platform finished in July 2022. On 13 February 2023, Broker Daily reported Loan Market’s decision to retire the PLAN Australia, Choice Aggregation and FAST brands.

Who Can Join

LMG takes residential brokers either as credit representatives under an LMG licence or as holders of their own Australian credit licence (ACL). Its reference check page names three licensees: Loan Market Pty Ltd, LMG Broker Services Pty Ltd and BLSSA Pty Ltd.

As at October 2026, LMG’s pricing page includes an ACL Assist Program for licence holders on the Flat Fee and Partner plans. The Loan Market plan lists credit representatives only.

You need the minimum qualification before any aggregator can appoint you to arrange home loans. The Australian Securities and Investments Commission (ASIC) Regulatory Guide 206 (April 2020) requires at least a Certificate IV in Finance and Mortgage Broking. It also requires 20 hours of continuing professional development (CPD) each year.

LMG asks more of new brokers. Broker Daily reported on 26 August 2026 that LMG requires every new broker to complete the Diploma within their first 12 months. LMG’s enquiry form accepts brokers, bankers, business owners and people new to the industry.

From Enquiry to First Lodged File

These steps follow LMG’s published plan pages, as at October 2026. They show how the path from enquiry to first file works now that FAST sits inside LMG.

1. Send the enquiry. LMG’s form asks for your lending specialisation, current role, team size and years of experience, and its residential page lists state growth managers who take meetings.
2. Choose a residential plan. The Flat Fee plan lets you keep all your commission and trail for a flat fee. The Partner and Loan Market plans use a revenue share whose percentage split decreases as your revenue grows.
3. Settle the licence arrangement. You either become an LMG credit representative or join ACL Assist under your own licence, and you sign the consent form for your reference check.
4. Complete onboarding. The Flat Fee plan includes onboarding, data migration and induction. The Partner and Loan Market plans add a business transfer specialist, a data migration specialist and an accreditations administrator.
5. Get accredited with lenders. LMG’s panel lists more than 100 lenders across residential, asset and commercial finance. Each lender accredits you before you can lodge with it.
6. Use policy support. Flat Fee brokers get a dedicated portfolio manager, while Partner and Loan Market brokers get a broker success manager. All three plans add a compliance consultant.
7. Write the first file in MyCRM. LMG builds MyCRM in-house as its broker platform, with compliance workflows and client data in one place.

LMG’s pages describe MyCRM’s compliance and automation tools but not the route from MyCRM to each lender’s lodgement system. Ask for that route in your onboarding plan, along with the accreditation timeline for each lender you use.

Between calls with your manager or a lender’s business development manager (BDM), Bulma answers lender policy questions across 52+ lenders and quotes the policy wording behind each answer. No lender or aggregator owns Bulma, so it works the same way whichever aggregator you join.

Understand Broker Services

LMG publishes what its plans include for support, technology and lender access, but not what they cost. As at October 2026, its pricing page states that prices exclude GST and shows no fee amounts.

Service	What LMG publishes	Open question for written terms
Lender access	More than 100 lenders across residential, asset and commercial finance	Which residential lenders are on the panel, and how long each accreditation takes
Technology	MyCRM, built in-house, with compliance workflows, marketing automation and AI tools	Which features cost extra, and how you export client data if you leave
Day-to-day support	A portfolio manager (Flat Fee) or broker success manager (Partner and Loan Market), plus a compliance consultant	Who your named contact is, and how quickly they respond
Education and mentoring	Brokerversity courses, Certificate IV and Diploma, and 1:1 business planning on the revenue-share plans	What mentoring a new broker gets, from whom and at what cost
Compliance review	Built-in compliance tools and a compliance consultant on the Flat Fee, Partner and Loan Market plans	How often LMG reviews your files and what a failed review triggers
Fees	Flat fee or revenue share, with prices excluding GST	The amount, billing basis and any set-up or add-on fees
Trail and records	Your trail book leaves with you, with 14 days notice and no lock-ins	Who owns client records, leads and MyCRM data after you leave

Fees and Tailored Conditions

Every cost needs a written quotation, because LMG’s pricing page lists plan structures without amounts. Its Enterprise Partners plan for large broker groups shows its commission model as available on request.

Ask for the flat fee with its billing period and GST treatment, or the revenue-share split at your expected annual revenue. Ask for each optional add-on you plan to use to be priced in the same quote. The aggregator fee guide explains how to read each line of that quote.

Evidence an Established Broker Needs

An established broker compares LMG with a current aggregator on four kinds of evidence. Get each one in writing before you compare.

• Lender-panel access. Get the residential lender list, then mark the lenders in your current book that need a new accreditation.
• Mentoring. Get the programme name, the mentor’s role, the hours included and any cost.
• Compliance review. Get the review frequency, the number of files sampled, the reviewer’s role and a sample review report.
• Record ownership. Get the contract clauses covering your trail book, client records, leads LMG supplies and MyCRM data export on exit.

With those four documents, the mortgage aggregator comparison shows how to weigh LMG against your current aggregator on equal terms. The LMG aggregator guide covers LMG’s current plans in more detail.

Prepare an Enquiry

Send LMG a written enquiry that asks for its current terms on fees, data ownership, trail, support and exit. Start from LMG’s published terms as at October 2026. Treat any FAST material as history until LMG confirms a term in writing.

Questions to Ask LMG

Ask these questions by email so the answers become part of your written terms.

1. What is the flat fee or revenue-share split for my volume, how often is it billed and does it include GST?
2. Which set-up fees, platform licences and add-ons are charged on top, and at what price?
3. Who owns the client records, leads and loan data I keep in MyCRM, and in what format can I export them?
4. Does my trail book transfer with me on exit, and who pays commission clawbacks after I leave?
5. Who is my named portfolio manager or broker success manager, and who reviews my files for compliance?
6. Which lenders will I be accredited with by my first lodged file, and how long does each take?
7. Is the 14-day notice period from your pricing page in the contract, and what fees apply when I leave or change plans?

Tell a Historical FAST Brochure From a Current Offer

LMG’s current offer comes from an LMG entity, carries a recent date and names an LMG contact. A FAST brochure that misses any of those tests describes an earlier offer.

Check	Historical FAST material	Current offer
Issuer	FAST as a NAB business, before LMG’s late-2020 purchase	Loan Market Pty Ltd, LMG Broker Services Pty Ltd, BLSSA Pty Ltd or PCF Bid Co Pty Ltd
Date	Before July 2022, when FAST brokers moved to MyCRM, or before February 2023, when Broker Daily reported the brand’s retirement	Dated in 2026 and matching LMG’s current plan names
Named contact	A FAST executive or a FAST email address	An LMG growth manager or another LMG contact with an LMG email address

A fee, mentoring programme or support promise from FAST material is a question for LMG, not part of the offer. If LMG’s written quote leaves out a cost or contract condition, list it in your reply and ask for it before you sign.

When LMG’s written answers cover every question above, put them beside your current aggregator’s terms line by line. The gaps that remain are the terms to negotiate before you move your book.