How mentoring can help mortgage brokers improve their technical skills

In Australia, mentoring is compulsory for the first two years of a mortgage broker’s career. Becoming a mortgage broker comes with plenty of challenges, and having a mentor means you gain their knowledge and experience. While you can pick up technical skills on the job, or from a course or manual, learning from a mentor […]

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Is post-sale service the key to an effective mortgage broker business?

Winning a sale is one thing, continuing to benefit from it in the years to come is another. A mortgage is a long-term commitment¬†for your customer, and a big financial investment, so it’s not surprising that they may have one or two questions in the months after your sale. If you can provide good after-sales […]

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5 strategies mortgage brokers can use to deal with high-risk clients

As a mortgage broker, high-risk clients are those who don’t fit the criteria a traditional lender requires of its borrowers. They may have a poor credit history or be otherwise unable to prove that they are the type of borrower a lender can trust not to default on repayments. For these types of clients, solutions […]

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How to design a standout business card as a mortgage broker

As a mortgage broker, your business card is a quick and easy way of ensuring key contacts have your details to hand. You never know when a networking event might present new opportunities with lenders or buyers, and you don’t want to be scribbling your details on a scrap of paper. Whether you’re thinking of […]

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Does your mortgage broker business have an optimised workflow?

Life in the mortgage industry is pretty busy. You may have customers, lenders, other brokers and real estate agents to juggle, all competing for your attention. To keep yourself sane and get your broker business working to maximum capacity, you need to optimise your workflow.  Take a look at your work processes and ask yourself […]

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5 skills that will help you become a mortgage broker

Are you looking for a new career but not sure where to start? Or do you already know that you’re interested in being a mortgage broker? Either way, it’s not just about understanding mortgages and being able to work out monthly repayments. Becoming a mortgage broker requires a raft of skills to ensure you attract, […]

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What does being a mortgage broker actually involve?

If you’re thinking of making mortgage broking your career of choice, you’ll be wondering what every day involves and how to get started. One of the biggest benefits of signing up with the Red Rock Brokers group is that you’ll be guided through the process. From training to ongoing marketing, we’re there to help you […]

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Why being a mortgage broker works around your family

Having a family means a raft of additional commitments to plan your time around. A traditional 9-to-5 can make this difficult as school runs and extra curricular activities take over. Being a mortgage broker with Red Rock allows you to organise your work commitments around the rest of your life. You can work at times of […]

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3 reasons people use a mortgage broker

As a mortgage broker, if you know how to market your business, there shouldn’t be any shortage of potential clients. Almost 30 per cent of homebuyers in Australia now seek assistance from a mortgage broker in finding the right loan, according to Money Management. The figure increases to nearly fifty per cent amongst those aged […]

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What are the benefits of offering mortgage broking in your business?

If your business already deals with clients who may benefit from credit advice or lending services, then you should consider adding a mortgage broker service to your business. With commission generated from mortgage broking in Australia in the region of $2 billion annually, according to a Deloitte report, it makes financial sense to see what you […]

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