So, you want to be a mortgage broker?
Awesome. Our mentoring and scholarships help you start off on the right foot.
Being a mortgage broker is an exciting and rewarding career. It can also be a convoluted and unnecessarily difficult one.
At Purple Circle, we saw many new mortgage brokers struggling. They were handed a “throw them in the deep end and see if they float” pathway to the industry (and they weren’t floating). We looked at that and said, “we can do better.”
So, we created Purple Pathways Academy.
“Typically, barriers of entry into the mortgage broking industry are very high. Once you’ve completed your Cert IV or Diploma, high mentoring costs coupled with a one-size-fits-all approach to teaching, means budding mortgage brokers are left fending for themselves from day one.”
Greg Pennells, Purple Circle Founder & Chairman
In a nutshell.
Purple Pathways Academy is a comprehensive training and guidance program that not only provides the necessary industry knowledge, but also provides mentoring, business advice, practical support, scholarship opportunities, tools and resources along the way.
We want you!
Well, if you’re eligible…
Purple Pathways Academy is a low-barrier proposition for anyone considering mortgage broking as a career in Australia.Â
We’re on the lookout for candidates who have successfully completed their Certificate IV or Diploma of Financial Services (Finance/Mortgage Broking Management). If you’ve got that, see if you fall into one of our three student categories (we also offer Scholarship programs for a select group of eligible candidates).
1
Brokers totally new to the industry.
2
Current brokers with less than two years’ experience.
3
Established professionals keen to ramp up their services and/or financial services business.
Content that’s actually interesting.
Strictly no boring stuff.
At the Academy, we take a three-layer approach to broker learning, and we don’t waste your time with “filler” material. Only quality content that is practical, achievable, and engaging.
Layer One
Work with a dedicated industry body approved mentor to:
- Research, compare and explain different Home Loan products
- Conduct Home Loan interviews
- Write Home Loans compliantly
- Outsourcing Loan Processing and Virtual Assistance
- Cross-sell complementary products and services
- Manage client records
- Stay in contact and service your client’s ongoing financial needs
- Value and manage your time
- Grow your business
Layer Two
Our “Broker” support team:
- Get set up and oriented with our systems
- Software training and support
- Compliance training and support
- Assistance with lender accreditations\CRM platform
- Create a personal paint-by-numbers solution using an industry-leading platform to
automate all of your client, business and compliance workflows
Layer Three
Work one-on-one with a highly-experienced Purple Circle member to:
- Review your business plan and action plan
- Establish scalable business systems and support structures
- Market and promote your business
- Sharpen and implement your Mortgage Broking Business Plan
- Build a social media marketing strategy campaign
- Build and develop your local area network
- Guidance on developing referral sources
Click here for more details on course content and units of competency.
Fees.
Standard entry
$299 + GST per month until completion.Â
CRM software and compliance $nil for the first 12 months. Standard fees apply thereafter.
Platinum Scholarship
$149 + GST per month until completion.Â
CRM software and compliance $nil for the first 12 months. Standard fees apply thereafter.
Purple Scholarship
Mentoring $nil per month until completion.
CRM software and compliance $nil for the first 12 months. Standard fees apply thereafter.
Ready to walk the Path?
With so many challenges ahead of you, it’s important to choose the right partner to guide and support you on your journey to become a mortgage broker mentor— from the beginning. If you’d like to enrol in Purple Pathways Academy, contact us.