Vault.com: the insider career network

Job Survey: Mortgage Broker

This Mortgage Broker career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

Read all Vault Career Surveys for the inside scoop on specific jobs
Read Vault Employee Surveys for the inside scoop on specific employers
Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools



Location: Australia
Company: Simply Approved
Experience: Mid-level
Highest Level of Education: High School Diploma



Job Responsibilities
Research clients position to find which banks criteria they would meet. Find out which bank will provide best rates and fees. Meet real estate agents and accountants to source new leads. 50 hours per week. Appointments approx 10 hours per weeks. Proposals 10 hours per week. Paper work and follow up 20 hours per week. Meeting agents 10 hours per week
Job Requirements
20 accredited training sessions per year to keep membership. usually 1 to 2 hours per session. training usually on new products. Just required to turn up. some may require questionairre filled.
Uppers
Helping people move into their first home. Good customer service which people often get neglected if they used a bank.
Downers
Late-night appointments.
Lifestyle
on call 24 hour a day and weekends. social events at christmas only. also professional attire.
Compensation
Base salary $60,000 plus super and commission also.
Advice to Jobseekers
It will take at least 1 year to build a good network. require constant learning and training to keep up to date with all new products.

This Mortgage Broker career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

Read all Vault Career Surveys for the inside scoop on specific jobs
Read Vault Employee Surveys for the inside scoop on specific employers
Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools