Mortgage Consultants
Job No:
19779
Location:
Brisbane, QLD
Mortgage Lending Professionals
Self Employment/Business Opportunity
Income $100,000 to $350,0000 pa
Attention
- New Entrants (sales background but no lending experience)
- Existing Brokers (unhappy about current service, support and remuneration)
- Experienced Mortgage Lenders (former or exiting a Bank employees)
Your choices
X Buy into an expensive franchise Mortgage Broking network
- Establish your own Mortgage Broking business and your own Brand
- Join our established Brand and build your business with no capital outlay
Great Opportunities are available for focused sales professionals who wish to build a successful business in Mortgage Broking. We seek to appoint 10 new members in the Brisbane and Gold/Sunshine Coast region.
Mortgage Brokers are now regulated under the new National Consumer Credit Protection Act, heralding the dawn of Mortgage Broking as a Profession. Our industry enjoys a market share of more than 40% of all residential mortgage loans and with the passing of this important legislation the industry will gather further strength and professionalism and will build to 50%+ penetration over the next few years.
This is an excellent time for new entrants and experienced mortgage lenders to take advantage of the abundant opportunities and establish themselves are the professionals that will take the industry forward as a Profession.
The reality of the modern mortgage marketplace is that borrowers are far smarter and much more aware than ever about the multitude of choices available. Never before has the opportunity of professional mortgage brokers been better. Clients are more likely than ever to choose the services of a professional mortgage broker to assist them choose and arrange the right mortgage product and lender. Competition, particularly amongst the major Banks is great for our industry. It highlights major differences in products and offerings between lenders and causes confusion and even dissatisfaction for many borrowers in relation to their current lender. This is our niche! The professional broker has at his/her fingertips all the products and choices and can provide enormous value and benefits for new and exiting borrowers through professional advice and lending solutions for customers.
Contact me and I will be happy to discuss all your alternatives in detail.
The essential ingredient for success as a Mortgage Broker is simple. You need a source or stream of customer enquires. In other words, you need a market to work in and build a client base to generate enquiries from potential borrowers. Successfully writing loans for clients will generate referrals from these satisfied clients and build your business more quickly.
Intending Brokers must be prepared to identify and develop their chosen market by good networking, regular communication, newsletters, visits etc…. Setting up as a broker and relying on advertising in the Yellow Pages, Newspapers, Local Press or Website is very costly and from our 15 years experience, is largely a waste of money. Mortgage Broking is a people business and is all about you talking to many prospects/people. Many brokers have developed good referral sources like accountants and real estate agents, solicitors, home builders and more, but the key to success is being ready willing and able to find and talk to people about their finance needs. Some are active in community groups, ethnic groups, school parent groups and so on.
For intending brokers who don’t feel capable or keen to do networking or prospecting, the road to success will be slow and very difficult. For those that are comfortable and keen to get out there and build these relationships the road will be easier and much shorter.
Many intending brokers believe that buying a franchised mortgage business will bring them loads of enquiries and instant success. This is frankly rubbish. It doesn’t matter which big franchise brand you choose, the results are always the same. High overhead costs, lower commissions, few leads, restrictive territory, limited options for sale of your loan book or business.
Our Offering - Buyer's Choice Home Loan Advisory Service Pty Ltd
Established in 1996, Buyer's Choice Home Loan Advisory Service is National Trade Mark Branded Mortgage Broker/Aggregator within Australia's largest broker group. Our 100+ consultant members are among the most successful in the mortgage industry having settled more than $7 Billion in mortgage loans since 2001.
Our business model and this opportunity is all about developing and supporting our member businesses. Buyer's Choice is a business built by loan writers for the benefit of loan writers. Very simple! Very fair! See below some key features and benefits of our business model....
- Simple Non-Restrictive Membership Agreement
- No Handcuff clauses in our membership agreement
- No membership joining or ongoing fees
- No Territory or Market restrictions
- No Minimum Volume requirements
- You own your clients and commissions
- You may sell your business within or outside our group
- Fully supportive services – newsletters, marketing templates, comprehensive resources bank
- Integrated Sales Modelling & Client Relationship Management software including electronic loan lodgement
- State of the art weekly commission payment system
- Trustee Managed Commission payments (weekly)
- Appointment as Credit Representative or get your own Credit Licence
- Regular Professional Development Training
- Free Branding and Stationary (business cards, letterhead, brochures, presentation folders etc.)
- Website – your own page as the landing point for your clients on our long established website
- Superior commission structure with increasing commissions based on production.
- Extensive Lender Panel of 25 Bank and Non Bank lenders
- Our group volumes earn you the highest commission scales with our panel lenders
This opportunity is available to motivated sales and mortgage lending professionals wishing to establish or build their own business within a National Brand identity.
Established since 1996, we are a National Mortgage Broker/Aggregator within the largest Australian broker group. Our team has settled loans totalling more than $7 billion.
This opportunity is available to motivated sales and mortgage lending professionals wishing to establish or build their own business within a National Brand identity.
For further information, please contact: Mike McClure - 1800 888 876