With our minimal overheads and operating costs, becoming your own boss is easier than you think. A Mortgage Choice franchise lets you manage your own success without stock, invoices or bad debts to deal with. It’s ideal if you want an upfront commission on settled loans, plus a trailing commission on the ongoing value of your loan book.
What’s more, we've got a great range of financial product extras to increase your earning potential. Whether you want to sell commercial and development finance, life insurance, personal loans or leasing as well as selling home loans, we give you more ways to get ahead.
Up-front costs for a new franchise*:
| Training fee |
$10,000 |
| License fee |
$20,000 |
| Business support materials |
$2,000 |
| GST |
$3,200 |
Total
|
$35,200 |
Up-front costs for an existing franchise*:
| Training fee |
$10,000 |
|
Admin & business support
materials
|
$2,500 |
| GST |
$1,250 |
Total to Mortgage Choice^
|
$13,750 |
What other costs are associated with becoming a franchisee?
Equipment
- Laptop computer (Mortgage Choice will support an IBM/Lenovo ThinkPad Notebook and certain Dell models)
- Microsoft Office suite
- Printer
- Facsimile and second line
- Mobile phone
- Wireless broadband
Miscellaneous
- Legal and accounting advice
- MFAA membership
- Working capital for approximately 12 months (business and living expenses)
- Accommodation and travel expenses to attend training in Sydney
Ongoing costs
- Professional indemnity insurance and public liability annual premiums
- Professional association annual membership fees
- Vehicle related expenses
- Phone and Internet expenses
- National conference instalments
- Stationery
Find out more about becoming a Mortgage Choice franchisee. Enquire online now or call 13 MORTGAGE (13 6678).
*plus working capital for a minimum of 12 months
^Plus negotiated sale price for loan book to vendor