Summary
Loan Book of approximately $150M with ruccuring trail income. Purchase opportunities negotiable, including current broker/staff to remain ongoing.
Location Details
A well established Mortgage Choice Retail Store (20+ years) situated in Major regional hub on the NE Vic border, covering wider communities with a large database. Client mix inclues Owner Occupied, Investor & First Home Owners
About the Opportunity
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.
Why become a Mortgage Choice franchise?
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 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:
• Hold a Certificate IV in Finance and Mortgage Broking
• Pass a criminal and credit check
Length of Agreement
5 years plus 5 year extension
History
Mortgage Choice is a trusted Australian brand owned by REA Group; a leading global digital business specialising in property. REA Group further owns Australia's #1 property portal, realestate.com.au, and acquired Mortgage Choice in July 2021. This sees our network grow to nearly 1,000 brokers around Australia – ensuring in future we can leverage REA digital assets to help more Australians. Our established franchisees represented over 600,000 everyday Australians in their property and financial journey.
Awards
We write a loan every 15 minutes and have achieved a 90%+ customer satisfaction rating through our Client for Life philosophy. Over 40% of our franchisees have been with us for more than 10 years and we’ve won more industry awards than the competition.
Connect with us