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
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.
Purple Pathways Academy is a low-barrier proposition for anyone considering mortgage broking as a career in Australia.
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).
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.
Work with a dedicated industry body approved mentor to:
Our “Broker” support team:
Work one-on-one with a highly-experienced Purple Circle member to:
Click here for more details on course content and units of competency.
$299 + GST per month until completion.
CRM software and compliance $nil for the first 12 months. Standard fees apply thereafter.
$149 + GST per month until completion.
Mentoring $nil per month until completion.
With so many challenges ahead of you, it’s important to choose the right partner to guide and support you on the broker journey — from the beginning. If you’d like to enrol in Purple Pathways Academy, contact us.
The Scheme will enhance lenders’ willingness and ability to provide credit and will be available for new loans made by participating lenders until 30 September 2020.
The Government will provide eligible lenders with a guarantee of 50% per cent of new loans. Some generic terms are:
Businesses with a turnover of up to $50 million.
Maximum total size of loans of $250,000 per borrower.
Loans will be up to three years, with an initial six month repayment holiday.
Unsecured finance, meaning that borrowers will not have to provide an asset as security for the loan.