Mortgage brokers striking a balance with social media

One mortgage broker recently told Australian Broker Online that many mortgage professionals are failing to take advantage of social media. “It’s very easy to hit the ‘create page’ button, but the problem is they haven’t thought about what it is they want to set up and what sort of sales funnel they’re going to have […]

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Mortgage broker enquiries on the rise

Recent data from credit information company Veda shows that Australian mortgage demand is booming – great news for mortgage brokers. The organisation’s consumer credit demand index for the fourth quarter of 2013 showed that while overall consumer credit demand remained flat when compared to the same time in 2012, mortgage enquiries continued to increase. Mortgage […]

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Become a mortgage broker and be your own boss

One Australian mortgage broker recently told The Adviser that the secret to his success was refusing to do house calls.  If you go out and visit people, you’d end up only seeing two or three people a day,” he told The Adviser in a January 9 article. “Before Christmas, I was seeing seven people a […]

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Financial Planners Increasingly Eyeing Careers as Mortgage Brokers

Recent Future of Financial Advice (FOFA) reforms are opening the door for many financial advisers to enter the mortgage broker market. “FOFA is making that business much more complex and I think potentially what planners are looking to do is two-fold – one is to add other incomes to offset some of that extra cost […]

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Survey Illustrates High Demand for Mortgage Brokers

With so many mortgage professionals choosing to work over the holiday period, it’s clear that there is no shortage of mortgage broker careers available for interested parties Mortgage brokers are more important to the Australian housing market than ever, as a recent survey from The Adviser attests. A straw poll from the new source asked […]

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First-home Buyer Challenges can be Helped by Mortgage Brokers

A mortgage broker can help a first-home buyer by giving them options. There are many business opportunities for mortgage brokers, including the help that many first-home buyers require when they enter the market. Mortgage broker careers are all about helping borrowers find the loan solution that suits their needs best, and for first-timers, that can […]

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Brokers Can Help Borrowers Feel Comfortable

Being a successful mortgage broker is about more than just finding home finance for an individual, it’s about finding a loan solution that suits their needs. If data from late 2013 is anything to go by, it appears that many mortgage brokers throughout Australia were helping consumers not only find loans that would allow them […]

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Need for mortgage brokers strong

Recent data from the financial sector highlights just how important mortgage broker careers are to consumers.   A December 10 report from Roy Morgan Research showed that nearly 1.6 million Australians aged 14 and over were considering taking up a new banking product in the next six months. Of this number, the majority (575,000) were considering […]

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Brokers should do business with other trained professionals

While being a mortgage broker is very different from being a real estate agent, both careers concern the housing market and can call for the two parties to work together. Real estate agents often refer their clients to mortgage brokers, so building relationships with these professionals can pay off big time for brokers, especially those […]

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How the mortgage industry works

If you’re considering a career as a mortgage broker, it’s important to understand how the mortgage industry works. Primary mortgage market.  A mortgage is a real estate loan. These loans come with certain risks on the part of the lender. If a borrower fails to repay their loan or if market conditions reduce the value […]

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