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  • Profile photo of yzho4256yzho4256
    Member
    @yzho4256
    Join Date: 2009
    Post Count: 6
    May 19, 2009 - 11:50 am

    Thanks guys, really appreciate all the answers and suggestions.

    Seems join a mortgage aggregator is the best way for a person unexperience like me, Diamond Finance offers broker training and they say they will assist me to get through my Cert IV studying, as well accrediation from lenders something like that. Does anyone know that wether the aggregators will offer the leads or not?

    Cheers,

    Profile photo of yzho4256yzho4256
    Member
    @yzho4256
    Join Date: 2009
    Post Count: 6
    May 18, 2009 - 12:30 pm
    Terryw wrote:
    i would maybe hold off a bit as there is new legislation coming in around No this year. Mortgage brokers will be regulated by ASIC. When this happens all the requirements will change. it is very confusing at the moment and I don't know what you need since I have been a broker before all this came into effect.

    So Terryw,  do you think it is the good time to get into mortgage industry now? I dont have any finance or accounting or business background, is that ok to become mortgage broker?

    Profile photo of yzho4256yzho4256
    Member
    @yzho4256
    Join Date: 2009
    Post Count: 6
    May 18, 2009 - 12:26 pm

    thanks Duckster, it's very useful information. But is the mentor program you gave me free? Diamond Finance is a mortgage aggregator, isn't it? Then how about the professional indemnity insurance? How much is that because my friend told me it might depend on my experience, so join an aggregator might be chaper, but do you know the price range?

    Thanks!

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