Franchise Opportunities FAQs
Do I need experience as a broker to buy a Mortgage Choice franchise?
You don’t need experience as a broker as we provide full training. In fact, approximately 70 percent of our franchisees, including some of the most successful ones, come from a non-finance background. It is an advantage however to have customer service or similar experience in dealing with the general public.
Can I work from home initially?
Yes, working from home is a great way to enter this industry. Our business model allows you to work from home when you start to keep your overheads low. You can then move up to a commercial office, then retail and then into a multi-franchise operation, managing a number of retail outlets. Alternatively, you may decide to keep operating from home.
How much money do I need to start a Mortgage Choice franchise?
Start-up costs are quite low. Please submit an enquiry form or call 13 MORTGAGE and ask to speak to a Franchise Development Manager in your state to get more information.
Do you provide a 'point of difference' as well as a brand, operating system and support?
Yes, our point of difference is that our mortgage brokers are paid the same no matter which loan the client chooses and we do not offer any of our own products. (This information refers only to loans provided by our panel of leading Australian banks and lending institutions with whom Mortgage Choice has an arrangement, under which it receives commissions and other payments).
How much can I earn?
One of the great things about Mortgage Choice is you have unlimited earning potential. You can grow unlimited passive income as well as employing loan consultants to work for you.
Who owns Mortgage Choice?
We are a public company.
What hours are required?
A Mortgage Choice franchise is a full-time commitment but hours are flexible to fit your lifestyle.