Mortgage Compare Plus
Mortgage Compare Plus was founded in 2016 by Steve Keramidas. We have opened our doors as a start up business, our aim being to make home ownership affordable and accessible to the everyday Australian.
Our values and philosophy are a reflection of the socially responsible company we aspire to be. We are a company which believes in performance with purpose and remain committed to our understanding that our financial position goes hand in hand with our social and charitable responsibility.
The Best Interests Duty, which took effect on 1 January 2021, legally obliges brokers to act in the best interests of their clients. This new law is on top of the National Consumer Credit Protection Act, which already regulates the conduct of brokers.
Mortgage Compare Plus must “prioritise their consumers’ interests” if there’s ever a conflict of interests, according to the legislation.
But while Mortgage Compare Plus have to follow the Best Interests Duty – banks do not. Steve Keramidas must give his client the best possible recommendation from all the lenders on his panel. However, a bank will recommend only its own products, even if there are better alternatives.
Steve acts in your best interests when recommending a home loan, and has a legal obligation to do so. Banks sell you products.
Mobile: 0412 110 118
Steve established Mortgage Compare Plus in 2016 following an accomplished career at the NAB as a Bank Manager for half a decade. He is a FBAA member and credit advisor. It was during his time at NAB in which he identified a need in the market for greater service transparency, whilst providing clients with the benefits of an experienced mortgage broker accredited with all Australian Banks and Financial Institutions.
Steve's most recent professional education includes:
Diploma of Finance and Mortgage Broking Management
Certificate IV in Finance and Mortgage Broking
Diploma of Financial Services
Advanced Diploma of Management.
Steve has also accomplished a number of professional achievement awards throughout his career including:
NAB Night of the Nights trophy 2012
Certificate of recognition presented by NAB Retail General Manager
5 x Achievement Awards for Top 5 branches in Vic/Tas 2015
No 1 branch for Credit Cards 2015
Top 100 branches Nationwide 2015
Branch Manager of the month July 2015
Steve has also been interviewed by 'TheAdviser' magazine in regards to his experience with one of the lenders on his panel for specialist lending.