NewCo Financial Services Support

Support Process

Business development support offered

NewCo will support newly established mortgage brokers and referral partners in the following ways:

• Business Development Consultant support
• Business planning on how best to launch the service to your client base
• Support of ongoing initiatives to extract suitable prospects from existing database
• Support of ongoing initiatives to extract new debt (and financial planning) clients
• Technical and strategic assistance
• Case-by-case assistance

What technical support is provided to advisers - help line etc?

You will have a direct relationship with the credit provider who will provide your first point of contact for any technical questions.

How to become a mortgage broker

Individuals with less than two years appropriate experience will need to successfully complete the Choice Aggregation induction program in order to become an Accredited Mortgage Consultant (AMC).

NewCo in association with Choice Aggregation Services, offers the Choice induction program which incorporates a formal Certificate IV in Financial Services (Finance/Mortgage Broking), as supplied by a Registered Training Organisation.

Successful completion of this induction program, and successful completion of the MFAA Standards & Operating Guidelines (including Compliance Assessment) course, fulfill the minimum education requirements for AMC status.

How does the commision structure work?

Regardless of whether we go through a Bank or a Mortgage Broker, NewCo will pay you an 'upfront' as well as a monthly trailing commission for the life of the loan.

How do I get started?

A NewCo BDM will visit you and go through the various models. Once you've decided on which model suits you and your business best, you'll sign an agreement setting out exactly how the model will work.

NewCo will support you all the way through to enable you to offer this debt solution service to your clients.

Result for your business

• Holistic Service
• Increased turnover
• Minimal expense
• Increased Profits