Why mortgage broking?
The home loan and mortgage market in Australian is an exciting and dynamic industry and provides excellent career and business opportunities, in particular the opportunity to become a mortgage broker.
Since the deregulation of the Australian banking industry in 1985 the number and range of lending institutions has increased dramatically. Making the Australian banking sector one of the most competitive and complex home loan markets in the world.
Banks and lenders, in search of customers, have created a wide range of lending products. This has provided customers with a vast array of products to choose from but has also created a great deal of confusion with consumers.
Over the past fifteen years mortgage brokers have established themselves as an essential and vital part of the Australian home loan and mortgage marketplace. As a mortgage broker you will be assisting consumers achieve not only the dream of them owning their own home but also helping them to achieve their financial dreams.
The following are some key reasons why you should consider becoming a mortgage broker;
.... over the last 10 years the Australian home loan and mortgage market has seen exceptional growth. Not only has the number and value of loans grown substantially but the share of these loans written by mortgage brokers has quadrupled.
.... the Australian home loan and mortgage market is one of the most complex and competitive in the world. This means that consumers have access to a vast array of home loan and mortgage products to choose from. This complexity has created the need for Mortgage Brokers.
.... consumers today are time poor. Most consumers do not have the expertise to analyse the vast array of lending institutions and their products to determine the best product for their needs, they also don't have the time to shop around.
.... mortgage brokers offer the convenience of a one-stop shop. Mortgage brokers have access to a wide range of lending institutions and their products.
.... many consumers prefer to deal with a trained, experienced and accredited mortgage broker who can offer a wide range of products as apposed to dealing directly with banks or other lenders who can only offer their specific products.
.... as a mortgage broker you receive a commission from the lending institution you introduce loans to. The more loans you place the more income you can earn.
.... helping people fulfil their financial dreams and the dream of owning your own home is a very rewarding and satisfying experience. As a mortgage broker you don't have to be confined to the normal nine to five job, you will have significant flexibility which will allow you to tailor your work and personal needs so they complement each other, not conflict.
.... you can establish your mortgage broking business from home, thus your start-up costs are small as are your on-going costs. The key business tools you will require are a car, laptop, printer/fax/scanner and a mobile phone.
If you're interested in finding out more about becoming a blue sky mortgage broker and establishing your own business then please give us a call on 1300 305 706 or email us at firstname.lastname@example.org