
Mortgage Broker
Finnacle
Posted 22 days ago
Join Our Growth Phase: Seeking Experienced Brokers and Ex-Bankers!
Who We Are:
We are a dynamic and growing mortgage broking company integrated with a financial planning firm. Established 7 years ago, we've grown organically and now operate 100% online.
Our team includes our director, who currently acts as both a financial planner and mortgage broker and five back-office staff supporting operations—2.5 in financial planning and 2.5 in mortgage broking. We're ready to level up and are looking for a mortgage broker to join us, plug into our established system, and benefit from what we've built over the last seven years.
We believe in continuous learning and professional development, and we support each other to achieve both personal and professional goals. Our goal is to help our clients make smart decisions and stay in control of their financial goals!
Whom We Are Looking For:
We are on the verge of scaling up and are seeking a growth-oriented and client-centered Mortgage Broker to join our team. This is a rare opportunity to be part of a bigger picture, with the potential to lead and mentor the next generation of mortgage brokers that follow upon their success. The ideal candidate will have a strong sales conversion history and a customer-first service mindset. They will also possess:
- 2+ years of experience as a mortgage broker, particularly handling residential loans with a solid understanding of policies from major lenders, including the big four banks.
- Willingness to work in a startup mentality, thriving on ambition, hustle, curiosity, and a hunger to learn and try different things.
- An eagerness to earn a good income now, while also focusing on the future by growing a career where they are not only able to climb the ladder themselves but also help build the ladder along the way
- A strong embracer of technology, with a pro-tech mindset and the ability to leverage digital tools to enhance efficiency and client service.
What’s On Offer:
- Base Salary: 60,000 per annum including superannuation.
- Commission: 20% on upfront and trailing commissions for firm-provided leads, and 30% for self-sourced leads.
- Support: Comprehensive back-office team for credit application preparation, settlement, and aftercare.
- Leads: Minimum of five leads per week for the first 12 months, with marketing aimed at getting you 10 qualified first appointments a month. You'll also be supported by high quality leads from our financial planning division.
- Work Environment: Hybrid role with a mix of office and home working days. (Office location Docklands)
- Earnings Potential: With the combination of base salary and commissions, a motivated broker can expect to earn between $100,000 to $130,000 in their first year, with potential for higher earnings as they build their client base and generate more leads.
What We Expect:
- Client Interaction: Handle inquiries, conduct initial calls, and perform preliminary research to determine credit assistance eligibility.
- Documentation: Collect necessary documents from prospects for detailed assessment.
- Deal Management: Workshop deals, liaise with BDMs to find the right lender and loan products, and oversee the process from application prep to settlement.
- Client Communication: Maintain contact with clients throughout the credit assistance journey, supported by our back-office team.
Additional Details
We encourage long-term employment, accountability, and a positive workplace culture. In this full-time role, you would be expected to settle at least $30 million annually. We believe that with the base salary and commission split on upfront and trail, leads supplied and back office support provided, the right candidate could earn a minimum of $120,000 in the first year. Over the next three to five years, with a growing client base and commission split on trails, this person's earnings could reach $160,000 to $200,000 PA.
If you are a motivated mortgage broker looking to be part of a growing firm with a supportive environment and excellent growth prospects, we would love to hear from you!
About Finnacle
This company does not have any further information provided at this time. We encourage you to research the company by searching for them to learn more about the company or role in question before applying.
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