When you join the world of mortgage lending, there is a broker mentoring process that many must go through. This applies to anyone with less than two years of experience in the industry, and is a valuable part of learning the world of lending. This education is about to have an extension, thanks to a […]
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If you’re hoping to undertake a career as a mortgage broker, it’s important for you to understand the basic differences between types of home loans. Here is a basic run down of the variations between the two most common mortgage types in Australia – fixed-rate and variable-rate home loans. Fixed-Rate Home Loans For those interested […]
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The need for proper mortgage broker training is more important than ever following news the Australian Securities and Investments Commission (ASIC) is seeking harsher penalties in the financial services industry. “It is frustrating – both for us and the public – when the penalty available to respond to misconduct is much less than the profit […]
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Obtaining the proper licences to become a mortgage broker is one thing, but mentoring, training and continued professional development are essential parts of being a successful broker. Business foundations Understanding the technical side of submitting loans is vital, but guidance and coaching is just as important to help new brokers get their businesses off the […]
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