Pay for the services you need, tailored to your choices
Pursuing a career in mortgage broking can be immensely satisfying. Currently, over 77% of loans to Australian consumers are facilitated through this industry, highlighting its significant impact. Mortgage brokers, supported by ASIC and industry bodies like the FBAA and MFAA, have earned their status as reliable advisors.
Consumers have overwhelmingly demonstrated their trust in mortgage brokers, who provide them with options from approximately 40 different lenders and access to over 500 loan products, ensuring clients receive advice that's best suited to their needs. This makes mortgage brokers an indispensable asset for consumers looking for financial products.
Loan size | Commision (.65%) | Monthly Trail (.15%) |
$500,000 | $2,600 | $50 |
$600,000 | $3,120 | $60 |
$750,000 | $3,900 | $75 |
$1,000,000 | $5,200 | $100 |
These figures serve as a guide and should not be seen as guaranteed earnings; they assume an average brokerage rate of 80% and do not account for operational costs or referral fees.
You are required to hold Australian Credit License or be Credit Representative
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Oxcel brings most innovative and versatile broker software platform in the industry, as it integrates a vast number of solution-based tools to enhance all facets of your business process
illion's market-leading BankStatements technology provides a lighting fast, frictionless web-based solution for the retrieval of bank statement data, that boosts conversion rates for lenders and brokers
Oxcel provides 24/7 virtual assistant services via 1800 010 001 number where team member will pick up your clients calls, take notes and forward them to you in the event you are not available
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