How much is a mortgage broker’s salary?

Embarking on a new career as a mortgage broker can be an exciting, nerve-wracking endeavour. You’re likely trying to learn all you can about the field, ideally before you begin to learn new skills and build your network. First things first: How much is a mortgage broker’s salary? There are a few variables to consider. […]

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Why become a mortgage broker?

If you’ve bought a home or explored the real estate market, you may see mortgage brokers as a steady resource during the stressful homebuying process. They’re experts in mortgage rates, can guide you through stacks of paperwork, understand neighbourhoods and can point you in the right direction when looking for a home inspector or other […]

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8 compelling reasons you should become a mortgage broker

Embarking on your career or deciding to change jobs can be a daunting decision. This holds true even if you’re just looking to make extra income in addition to your current occupation. There are a host of factors you need to compare and contrast, such as what best suits your skills and experience, how much […]

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Commissions: How mortgage brokers earn money

The world of mortgage broking is an appealing one. Brokers work more flexible hours than a normal 9-5 job and have the potential to earn a comfortable income. If this career path appeals to you, however, there are quite a few steps you’ll need to take before establishing yourself as a professional mortgage broker. Aside […]

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Do you need to complete a course to become a mortgage broker?

Is your current job not providing a comfortable income source for you? Are you unsatisfied with your role? Are you looking to join the ranks of mortgage brokers to grow your income and gain more job satisfaction? Unlike other high-paying professions like becoming a doctor or a lawyer, there is a much shorter route to […]

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What is an aggregator in mortgage broking?

Aggregators in the mortgage broker sector essentially serve as a funnel for leads, allowing brokers to decrease their risk exposure with secured investments. Additionally, aggregators offer a variety of business resources and marketing materials to help mortgage brokers succeed. But what does that actually mean in practise? Volume is the name of the game for […]

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3 steps to becoming a mortgage broker

If you’re contemplating starting a career as a real estate mortgage broker, or you’ve already made the decision, you’re on the right path to job satisfaction. Unlike becoming a doctor or a lawyer, mortgage brokering requires less training and licensing, as per the ASIC. However, since mortgage brokers are licensed financial professionals, this is still a […]

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What’s the average salary for an Australian mortgage broker?

The average annual up-front and trail remuneration of a mortgage broker reached $133,365 for the period spanning April 2018 through September 2018, according to the Mortgage & Finance Association of Australia’s 7th Edition of Industry Intelligence Service. This represents a 0.43% increase over the previous six-month reporting period, and the average has remained relatively consistent […]

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Can mortgage brokers leverage artificial intelligence and automation?

Mortgage brokers can leverage artificial intelligence and automation to help them understand more about their business potential and improve their service. Whether it’s dashboard business data providing insight or chatbots keeping customers happy – understanding the place of artificial intelligence in your broker business puts you ahead of your competitors. Why use artificial intelligence in […]

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7 transferable skills that can help start a mortgage broker career

As a mortgage broker, your day is a mixed bag of client meetings, financial recordkeeping, industry training and marketing activities. Managing such varied responsibilities requires a number of transferable skills. However, no matter what your career background, it’s likely you’ve already got some of the expertise you need to get started. Transferable skills for a […]

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