Increase Broker Revenue With Private Lending
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Unlock the potential of your current clients
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Increase revenue by diversifying your offering
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Earn up to $20K referring clients with business borrowing needs
FREE GUIDE: How To Boost Your Mortgage Broking Business
Bring in more leads, increase referrals and increase your mortgage broker income
Are you a residential mortgage broker looking for ways to grow your business and bring in extra revenue, but don't have the time to change your entire business plan, conduct costly marketing campaigns and attend time-consuming networking events to find new clients? At Private Mortgages Australia, we understand the importance of mortgage broker leads and referrals in boosting your mortgage broker revenue and earnings, but have you heard the old business adage that 'the best customer is the one you’ve already got'?
Well, in our free guide to Building A Better Brokerage, we show you how you can leverage your current clients to create new leads for increasing your mortgage broker salary.
We'll show you how to:
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recognise which clients may require additional finance
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refer them to a lender who can assist them so you don't have to lift a finger
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earn up-front commission on average of $20K per referral
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increase your revenue by up to 60% by referring a few clients a year
WEBINAR: GROW YOUR BROKERAGE BUSINESS
Did you know that 30% of a residential mortgage brokers clients are also small business owners? This presents a great opportunity to be able to provide financing solutions for clients you already have on your books, and as such increase the revenue of your mortgage broking business without having to always be on the lookout for new leads and referrals.
This is where having a private lender on your panel can be hugely beneficial. In this webinar we’ll explain the basics of private lending and how working with a private lender could help you to grow your brokerage business by up to 60% per year.
Join this webinar if:
- You're looking to grow your brokerage business and earn extra revenue.
- You don’t want to change your entire business plan and shift away from residential lending
- You don't have expertise or cash to put towards marketing for new clients
- You don't have the time to be completing a bunch of new loan applications for clients
- You want to find out about a referral program that will help grow your mortgage broker earnings
Get instant access. We'll take less than 60 mins of your time. Earn 1 CPD point for watching.
ARTICLE: SCALE YOUR BROKERAGE WITH DIVERSIFICATION
With interest rates in Australia on the rise and a flattening property market, mortgage brokers are going to need to work harder to bring in more residential mortgage clients.
However, there is another way to bring in business without having to go searching for new clients - diversification. By offering different lending products to your current client database you can increase your revenue exponentially.
And you don’t need to completely change your business plan or do a heap of training to do so. In this article we show you how you can grow your broking business revenue by up to 60% through diversification.
PMA’s Mortgage Broker Referral Program
If you’re looking for ways to increase your mortgage broker salary then introducing Private Mortgages Australia’s product offering to your lending options could be the way to reaching your revenue goals.
At PMA we pride ourselves on the great working relationships we have with our mortgage broker referral partners. We work closely with our trusted brokers to understand the client’s needs and develop a tailored solution that will deliver the best results for all involved.
We appreciate the great work our brokers do and reward this work accordingly. This is why we’ve made changes to the way we reward our brokers by becoming channel agnostic. This means that if a broker refers a client to us, that client takes out a loan and then that same client comes back to us directly for another loan, we will still pay the mortgage broker a referral fee. All referrer fees are paid within 24 hours of settlement, with no clawback!
Referrers have the ability to nominate a Service Fee up to 1.00% (Plus GST) if they don't have a signed mandate. If a referrer has a signed mandate then this amount will be included in the Indicative Letter of Offer. Any variation on the above needs to be agreed in writing by PMA and the Referrer.
Let's take a look at how much you could earn by referring to PMA:
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Average SME loan size is $1M
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Mandate Fee of 1% + 1% Referral Fee = $20,000 per client scenario on a $1M loan
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Refer just 3 clients per year = $20,000 x 3 = $60,000 in additional fees each year
Download Referrer Mandate
Client Success Stories & Testimonials
★ ★ ★ ★ ★
My dealings with PMA, on behalf of my client, were handled in a very competent and professional manner. From loan application to settlement we were at all times kept informed, which allied any client concerns. Professional, efficient service concluding in timely settlement....
Peter McAuley
2019-01-11 02:28:37
★ ★ ★ ★ ★
I wish to congratulate PMA management and staff for their excellent service in providing funds to payout sale of business, pending sale of freehold, with the assistance of NAB. Extremely thorough service....
Ian S. - VIC
2024-12-18 12:55:05
★ ★ ★ ★ ★
Just want to thank you and the boys for making this application so easy. Obviously my client thinks so too because he was happy to come back for another loan. With plenty of choices out there for private funding, it is nice to be able to find and deal with a company that is professional and reliable....
Kathy C - Mortgage Broker, Maroochydore
2016-10-31 04:57:01
★ ★ ★ ★ ★
After one phone call I explained our situation to Private Mortgages Australia, and what equity we had. Not only where they able to map out a way to move fast and reach the amount we needed, but they also facilitated the settlement which was above and beyond. PMA’s honesty, integrity, compliance, professionalism, all made the deal work. PMA are true lenders who think of people and money in a way that all parties win....
Jonathon L
2017-09-15 05:33:29
