Clarity Financial Group named top brokerage

Canberra-based Clarity Financial Group has been recognised in this year’s Mortgage Professional Australia’s Top Brokerages report, sponsored by Commonwealth Bank. This prestigious list celebrates the top brokerages across Australia with a winners list that’s bigger than ever before.

“After an incredible year of brokers helping borrowers through one of the most challenging environments in a generation, MPA has expanded its Top 10 Brokerages list to celebrate even more brokers. This year, there are 25 brokerages in this prestigious list boasting astonishing figures,” says Mortgage Professional Australia editor Rebecca Pike.

To find the Top Brokerages of 2021, MPA invited Australian brokerages to submit their figures for the period from the start of March 2020 to the end of February, 2021. Details were requested including the number of active brokers working at the brokerage, as well as total loan book volume and conversion rate. The result is a final ranking that is weighted across four areas: total loan book size, average settlements per loan writer, total settlements in the specified 12-month period, and conversion rate. Each brokerage was ranked in each of these areas and the rankings were then combined to produce a final tally.

For Kristy Edlund, owner-manager of Clarity Financial Group, which moved up from ninth position in the 2020 Top Brokerages list to fifth in 2021, receiving this recognition is “the cherry on top of a tasteless mud cake” after an extremely challenging 12 months. The brokerage increased its total loan book by 12% and settled 18% more loans than the previous year, even with two fewer loan writers.

Being based in Canberra, a city of around 400,000 people, makes this even more important for the team. “I think the primary emotion coming from this award is one of pride, in that we overcame, adapted, redesigned processes and essentially just knuckled down together to pull through the year,” says Edlund.

For the full report see issue 21.06 of Mortgage Professional Australia magazine out now. To view the list and to find out more about Clarity Financial Group click HERE.

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Mortgage Professional Australia (MPA) is the leading business magazine for the mortgage and finance industry. Launched in 2001, MPA continues to be the key resource mortgage and finance professionals turn to for in-depth industry issues, market trends, business analysis and intelligence. MPA is also very well known for its annual surveys and special reports such as Brokers on Banks and the MPA Top 100 that recognise key individuals and businesses and provide a unique snapshot of an industry that is continually evolving.

MPA is published by independent media company Key Media. In conjunction with the print and online publications, Key Media also produces several mortgage and finance industry events including the Australian Mortgage Awards. Find out more about Key Media’s magazines, events and websites at www.keymedia.com.