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Best Interest Duty

As your lending advisor, we are legally required to act in your best interests — and we take that responsibility seriously.

We act for you, not the banks

Your Interests First

Our advice must prioritise your needs, goals and financial outcomes above all else.

Transparent Advice

We compare lenders and products to ensure the loan we recommend is genuinely in your best interest.

Protected by Legislation

Best Interest Duty is a legal requirement for brokers, ensuring you receive advice that benefits you.

What Best Interest Duty Means for You

Best Interest Duty (BID) requires mortgage brokers to act in your best interests when providing credit assistance. This means our recommendations must be based solely on what benefits you, not the lender, not the broker, and not any external influence.

We compare loan products across one of Australia’s largest lender panels, assess your financial goals, and provide clear reasoning behind every recommendation. BID ensures transparency, accountability and genuine client‑first advice.

You can feel confident knowing that every loan option we present has been selected because it aligns with your needs, objectives and long‑term financial wellbeing.

Allenda Finance Home Loans for Gippsland

Professional Memberships: AFCA, FBAA, CAANZ
© Allenda Finance (ABN 35 308 150 421) Credit Representative Number (CRN) 580716 of BLSSA Pty Ltd ACN 117 651 760 Australian Credit Licence 391237. All rights reserved.

The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.

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