Running a mortgage broking business especially in Australia is the most profitable decision. As per the recent data published in the IIS report indicates that 70% of the mortgages in Australia were written by mortgage brokers. However, there are times when many...
Client onboarding can be one of the most time-consuming tasks for mortgage brokers. It’s a process that requires attention to detail, accuracy, and timely communication, all while ensuring that the client’s experience is as smooth as possible. The...
In Australia, mortgage brokers must follow strict financial and legal rules. These rules aim to ensure the lending process is fair, transparent, and honest. They can be complicated and often change, so training staff properly is key to handling compliance checks...
What Is Outsourcing? Outsourcing is hiring a specialised external party to manage non-core activities so that you can focus on your core activities (APRA, 2010). It can be a good option for mortgage brokers because it will help them delegate their time-consuming...
If you’ve been using Xero for a while, you’re likely familiar with its basic functionalities. It’s a powerful tool that has become a staple in the Australian accounting industry. But did you know that Xero has a range of advanced features and tips that can make your...
