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Mortgage Choice Franchise Profile
FRANCHISE BUSINESS featured on
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| Name of Franchise System |
Mortgage Choice |
| Industry |
Financial Services |
| Investment |
$35,200 including GST |
| Territories available |
Australia-wide |
| Number of franchises |
Over 400 |
| Qualifications and background required |
No particular background necessary but we have an extensive recruitment process. Upon acceptance, the new franchisee must complete an industry-accredited training course at head office that includes Certificate IV in Financial Services (Finance and Mortgage Broking). |
| Training provided |
Two week intensive training course at head office then the new franchisee becomes part of our mentoring program and is heavily supported by group and state office throughout their term as a franchisee. |
| Term |
5 years plus 5 year option |
| Marketing |
Advertising materials, direct and referral marketing materials and public relations materials are made available to all franchisees. Head office also promotes the brand heavily in these and other ways. |
| Year business established |
1992 |
| Year franchising commenced |
1994 |
| Franchise contact details |
Click here to request more information |
| Request information |
click here to request more information about this franchise business |
| Website |
www.mortgagechoice.com.au |
Australia's leading mortgage broker and a multi-award winning franchisor, Mortgage Choice writes almost 1 in every 20 Australian residential property loans.
It provides professional home loan advice on products offered by its wide-ranging panel of lenders, as a convenient service to owner-occupied and investment property borrowers. Since 1992, more than 200,000 customers have chosen to use Mortgage Choice's services.
The company has a policy of not 'playing favourites' with lenders or loans, hence it does not offer any of its own products, and loan consultants are paid the same commission regardless of the product chosen by the borrower from its lender panel.
Mortgage Choice consultants do not charge customers for service.
Customer satisfaction surveys consistently demonstrate the high regard in which Mortgage Choice is held. The 2007 survey average saw the company score in the 90 percentile for the two most important questions: likelihood of recommending the service to others, and likelihood of using Mortgage Choice again.
Mortgage Choice is listed on the Australian Stock Exchange and operates under a national franchise distribution system of well over 400 franchises and over 650 brokers, with a total loan book of $33.27 billion (all figures as at 30 June 2008).
The company researches each geographic area's housing market then limits the number of franchisees within, whether they run a home office, commercial office and/or a retail shopfront.
Mortgage Choice is a reputable and well-known brand that offers franchisees the opportunity to become successful mortgage brokers earning income from upfront and trail commissions.
Group and State Offices support franchisees through Management, Training, Lending Support, Marketing, Field Support, Customer Service Centre, IT, Corporate Affairs/Public Relations, Investor Relations and Conferences.
Mortgage Choice has strong ethical standards, informing consumers regularly about its efforts as a leading professional consumer advocate.
Visit www.mortgagechoice.com.au or complete the Request Information form below for more details.
Click here to see the full range the Franchise Opportunities available for this Franchise, and our entire list of Franchises For Sale
Would you like More Information regarding this Franchise Business Opportunity or do you have a query?
Simply fill out the email Request Form below.
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