New to Industry Finance Brokers
Mentoring Program

Simplifying the Way Finance Brokers
Build Their Business

Work Less, Achieve More

Supporting New to Industry Brokers in
4 Key Areas of Business

  • Broker Best Practice System (Lead To Post Settlement Process/Workflow Tools)

In conjunction with what your Aggregator offers I provide you with the missing gaps, the tools and support that allows you to build your Solo Broking business without any of the overwhelm usually associated with being in business for yourself.  The “Broker Best Practice System” will save you valuable time as instead of learning as you go (as most of us do, often learning from our mistakes), it provides you with all the tools and checklists needed so your fact finding and interviews are structured, your client’s best interests are looked after, you are compliant and also allows for quicker and smoother loan applications with less reworks.  Never has such a comprehensive list of questions, calculators, templates and points to consider been compiled and available for Finance Brokers, collated from my 12 years of Broking and finance/compliance knowledge.

 

Included in the program is:

a. Fact Find/Credit Triage providing you with the relevant questions to ask prospective clients

b. Structured Scenario sheet that covers off what a Lender needs to know. Get the answers you need quicker.

c. A comprehensive list of questions to ask/consider for every type of scenario you may come across.

d. A complete flowchart from first contact to Loan Settlement for your clients to follow the progress of their loan.

e. Documents required checklists plus what to look for on each document. Ensure all your deals are compliant.

f. Lead to Settlement Loan Tracking checklists so you know the loans progress and never miss a client touch point.

g. Various, easy to use Calculators so you are never short of funds for a refinance or can determine the exact loan amounts, quickly taking all known variables into account.

h. Easy to follow loan application coversheets

 

Every document in the program can be customised for your own business*

Broker Best Practice system Contents

  • Credit Coach & Accountability Mate

Weekly Partnership calls/meets/Zoom sessions to discuss your deals, wins & pain points.  While you will have access to the valuable tools above you will also have full support with your scenarios, lender policy and loan structuring questions.   Maybe a lender has come back with a conditional approval and you have questions? You may work for yourself, but you are not by yourself.

 

a. Scenarios you may have on the go but unsure if they will work or where to place it? Need guidance?

b. Let’s talk about the deals you are preparing.

c. Discuss your loans that have been conditionally approved and what the lenders are asking for?

d. Progress of your current plans/goals you have set for yourself and your business?

e. Unlimited contact in between our weekly partnership calls via email, phone and text

f. Access to our Facebook Group – The Solo Broker. Set up to allow us to add the gold that will help you from my 12 years of Broking & business experience along with input from other industry experts. No lender policy and definitely no negativity or lender “whacking”. We are a collaborative group where all questions are welcome.

g. New to Industry Lending & Business Modules (see below)

h. Lender “Mates not Rates” sessions. Know the other side of the lender, not just the rates they offer. If the BDM discusses an interest rate, we get them to donate $5 to charity every time they mention it.

  • Application Reviews – The Compliant Broker

This is probably the biggest benefit of the program.  Once you have an understanding of what you can do for the client, (having had the support of getting the deal ready via the Broker Best Practice system and Credit Coach/Accountability Mate service above), we top it off by reviewing your loan applications before submission to a Lender.  This is invaluable as it allows you to have an experienced “second set of eyes” look over the application & come back to you with any questions or concerns before submission.  We will review of your first 12 loans and provide feedback, so you don’t have any reworks!
  • Relationship & Retention - The Top of Mind Broker

Stay in regular contact with your clients to ensure you and your business are top of mind.  Tip: It takes 80% more effort to find a new client than it does to look after an existing one.

 

a. Full suite of post settlement letters that are customisable for your business

b. Reduce trail run off.

c. Keeping clients on your books longer as they are being communicated to and “loved”

Post Settlement Folder

New to Industry Mentoring Modules covered
in the first 2 years.

Free From Financial Worries Pty Ltd trading as Lending Mate™ ABN 88 134 812 165, Credit Representative 442518 and Peter Ellis, Credit Representative 477174, are authorised under Australian Credit Licence 387025.

This website provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances. Your full financial situation will need to be reviewed prior to acceptance of any offer or product. Subject to lenders terms and conditions. Fees and charges and eligibility criteria apply. We recommend that you seek your own independent financial, legal and taxation advice before making an investment decision. We do not provide financial or investment advice.

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