Summary
Opportunity for an experienced bank lender or mortgage broker to own a thriving Mortgage Choice franchise in Adelaide. Longstanding business, robust loan book, high client retention & minimal run-off.
Location Details
Adelaide, South Australia
About the Opportunity
Franchise for sale:
This is an incredible opportunity for an experienced bank lender or mortgage broker to own a
thriving Mortgage Choice franchise in Adelaide. This longstanding business boasts a robust
loan book with high client retention and minimal run-off, offering significant growth potential.
The current owner is willing to stay on temporarily to ensure a smooth transition, and the
existing lease can be continued if desired. This venture presents a perfect platform for a
seasoned professional to leverage an established brand and propel their career.
About Mortgage Choice:
Mortgage broking has transformed the mortgage market, and the way Australian’s
arrange their finances. 70% of all home loans are currently written by mortgage brokers,
this is estimated to grow to 80% in the next 3 years.
Owning a Mortgage Choice franchise is an opportunity to secure a better future for your
clients, while securing a better future for yourself.
Mortgage Choice is a trusted Australian brand owned by REA Group; a leading global
digital business, specialising in property.
REA Group further owns realestate.com.au and most recently acquired Mortgage Choice
in July 2021. This sees our network grow to nearly 1000 brokers around Australia –
ensuring in future we can leverage the REA digital assets to help more Australians.
Our established franchisees represented over 600,000 everyday Australians in their
property and financial journey. At Mortgage Choice, we write a loan every 15 minutes
and have achieved a 90%+ customer satisfaction rating through our Client for Life
philosophy.
We have more brokers in the top 100 rankings than any other aggregator. Over 40% of
our franchisees have been with us for more than 10 years and we’ve won more industry
awards than the competition.
Our high support model means you can focus on driving income earning activities while
Mortgage Choice provides:
• Expert Support to guide you every step of the way. Including a dedicated local state
team (business development, mentoring, coaching, day-to-day operations) and
centralised lending, marketing, IT, finance and compliance experts. Our team of experts
will work with you to grow your business and achieve your business goals.
• Tailored Training to set your business up for success.
• Market leading brand to leverage your business and grow your profile.
• Industry best systems to help run your business better. Our franchisees have access to
proprietary, industry-best systems that save time, money and streamlines administration
work.
Marketing support
Mortgage Choice’s in-house marketing team will help you professionally market your
business. Our marketing team will build your website, social media pages and provide you
with relevant content to market your business to your clients. This includes collateral for local
advertising, online marketing, and social media. Our franchisees further have access to
marketing webinars to build their marketing knowledge to leverage local area marketing.
Training provided
Tailored Training to set your business up for success.
• 5 day induction training (2 days online and 3 days in person)
• 2 year industry accredited Mentor Program
• Comprehensive online manuals which include detailed guidelines covering sales,
marketing, lending, operations, management and administration.
• Professional Development days and annual conferences
Skills
At Mortgage Choice we seek individuals who:
• Have 2 years lending experience
• Have a strong work ethic and the drive to build a business from the ground up
• Enjoy helping people and provide great service
• Enjoy numbers and problem solving
• Be a great communicator and networker
Please note within your induction with Mortgage Choice you will need to successfully:
• Complete a Certificate IV in Finance and Mortgage Broking
• Pass a criminal and credit check
Length of Agreement
5 years plus 5 years
Year Business Established
1992
History
Mortgage Choice was established in 1992 with the simple goal of building Australia’s
best mortgage broking business and putting people, rather than banks, in control of their
loan options. Mortgage Choice was acquired by REA Group in July 2021.
Visit our website today to learn more about the Mortgage Choice story https://www.mortgagechoice.com.au/about-us/
To find out more about our franchisee opportunities, visit our website at https://www.mortgagechoice.com.au/franchises/ or click apply
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