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 Joining ABC Mortgages and becoming a Mortgage Broker could be the new and rewarding career that you are looking for.

Hi,

I'm Peter Vickerson the owner and manager of ABC Mortgages ,a mortgage broking business I established in July 2003. Prior to that I was a secondary maths teacher in Brisbane for over 20 years. Why did I leave teaching? Well, I was getting increasingly fed up with the system; increasingly bad student behaviour and an administration that wouldn't help in any significant way. I had had enough.

About the same time my wife and I had bought an investment property and we used a mortgage broker for the first time to finance it.

I was absolutely blown away by the experience. The guy was so helpful and obviously on our side. He showed us over 30 lenders and who would lend to us and who wouldn't. Of the lenders who would he then found us the best rate. He absolutely bent over backwards for us and got us the loan in no time.

Well the rest is history. I am now earninng multiples of my teaching salary and absolutely love what I do. The sense of satisfacton I get when we place first home buyers in their new homes is fantastic. Most of my clients have become my friends and refer new business to us.

My business has grown to 3 paid staff and 4 other commission only brokers. We are growing rapidly and need new brokers to help us handle the volume of enquiries.

Earning Potential

The banks pay us a commision on each loan we introduce and settle. For an average loan of $250000 and for a lead supplied by the company the brokers share would be approx $700 in up front commission and a further $230 per annum (approx) in trail commission for the life of the loan.

If the broker introduced their own lead the upfront and trail would be $1225 and $400 respectively. These are only indicative figures. Each broker would be expected to settle around 10 loans per month.

Yr 1 Yr 2 Yr 3 Yr 4 Yr 5
Average Loan $250000 $250000 $250000 $250000 $250000
Upfront Commission $700 $700 $700 $700 $700
No. Loans  per month 10 10 10 10 10
Upfront/Mth $7000 $7000 $7000 $7000 $7000
Total upfront/yr $84000 $84000 $84000 $84000 $84000
Trail/ /yr $0 $28000 $56000 $84000 $112000
Total $84000 $112000 $140000 $168000 $196000

Please note the above table is not intended to imply actual earnings, bur is used only as an indicator as to possible future earnings.  The above table is based on leads supplied by the company. If the broker supplied their own leads then the earnings would be much higher.

What kind of people are we looking for:

If you:

  • Are a person with good communication skills
  • Genuinely like people and want to help therm
  • Are intelligent and able to learn
  • Have high ethical and professional standards
  • Desire to build a highly successful career with outstanding financial rewards

Then you may be the person we are looking for.

We are able to to assist in getting you the required training and accreditations, and would mentor you to ensure that your career is off to a flying start. In additrion we would provide you with quality leads if you wished. Most beginning brokers find getting enough leads to be the greatest difficulty they encounter but we have overcome that problem for you.

Interested?

For further information , please call me on 1800 108 004

Peter Vickerson

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