How to become a mortgage broker

Here are 9 simple steps to help you become a Mortgage Choice broker today

Learn how to become a mortgage broker and the steps involved

  1. Experience is not necessary – just the drive to succeed
  2. To become a mortgage broker you’ll need to complete a Certificate IV in Finance and Mortgage Broking
  3. Complete our business plan and cash flow management forecast templates
  4. Create a business entity or trust
  5. Obtain background checks - Criminal, Credit and Bankruptcy
  6. Provide proof of professional indemnity insurance
  7. Sign agreements
  8. Lender accreditation comes next – as a mortgage broker you will work with specific panel of lenders
  9. Attend our in house training program

Are you looking for a career change? Do you want a rewarding job that allows you to help countless Australians achieve their property dreams? If so, a career in mortgage broking may just be what you’re looking for.

At Mortgage Choice, we offer unparalleled training and support to help you kick–start an enriching career and ensure longevity and success in the business.

It is important to note that a lack of experience is not a deal breaker when it comes to becoming a mortgage broker.

While some of our franchisees have come from the finance industry or have mortgage broker qualifications, many of our business owners have come from a range of different backgrounds.

As long as you have a drive to succeed, love sales, and are a people person, you have everything you need to become a successful mortgage broker.

Our Accelerate Partnership Program sees you assigned a Mortgage Choice trainer for your first 24 months. They will be your personal mentor, offering you valuable advice and sharing their own experiences in the field.

The program also features live online interactive training modules where our team will get you up to speed with the fundamentals of mortgage broking.

You will complete a Certificate IV in Financial Services (Finance and Mortgage Broking) which will be followed by our comprehensive induction workshops. These will cover the nuts and bolts of the business such as broking, software, sales, marketing, public relations, business planning and management.

Lender accreditation coaching comes next, and this will be run by our Lending Support team.

There will be a lot to take in, but you won’t be alone, as your mentor and our state-based franchise business managers will support you in setting and achieving your business goals.

We also have monthly Rookie Development Forums where you can meet with other franchisees at a similar stage of business development. You will also be able to catch up with the broader Mortgage Choice community at regular professional development days.

Working at Mortgage Choice doesn't just give you a mortgage broker licence - you also get the backing of a national network of fellow franchisees and a head office that is eager to see you succeed and to celebrate your achievements.

Become a Mortgage Choice broker

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