Tag Archives: broker

Broker thrives after overcoming market downturns

That perked the regional manager’s ears up. Not wanting to lose such a good prospect, the manager suggested she enroll in Xinnix, a mortgage education academy based in Atlanta. Once she fulfilled the training, the company would pay off her $10,000 tuition after reaching certain production levels six months into the job. “I chose that […]

Holden Capital Partners seeking to grow broker network

Holden Capital Partners’ new head of brokerage, Callum Short, said one of his core aims will be to spearhead growth in the specialist non-bank lender’s broker network over the next one to two years. With a focus on commercial finance for developer clients, Holden Capital Partners has grown out of the southeast Queensland market to […]

Broker on surviving Great Recession – and subsequent road to success

What caused the Great Recession of 2008? Having worked four years at GE Consumer Finance before transferring to the San Francisco Bay area, Shekhar now faced an uncertain future. “VC funding dried up,” Shekhar recalled. “The company shut down, and . I was with no connections and no capital. But I always wanted to be […]

Impac revamps business again, switches to a broker call center

Impac Mortgage Holdings, which has shifted business strategy several times as it battled market conditions over the past couple of decades, has changed course once again, electing to become a mortgage broker. In its most recent iteration, the company had been a wholesale lender and the operator of a retail call center. With the shift, […]

Interest Rates back to 7% again? || Top Mortgage Broker RAYCE ROBINSON

Why are rates increasing again for real estate and home buyers. What is the market doing and is this still a good time to buy a home in 2023? Will this trend continue? Central Florida. Oviedo and all of Florida are starting to feel the recent impact of hire interest rates again, worries about higher […]

Rising costs drive broker outsourcing trend

Outsourced loan processing and staffing is growing at a ‘phenomenal rate’ as brokers seek to reduce costs and find good staff, according to Astute Ability Finance Group principal Mhairi MacLeod. MacLeod (pictured above), whose brokerage is based in Erina on the Central Coast of NSW, said she was increasingly turning to outsourcing offshore to meet […]

What is the key to broker success?

Brokers need to get in front of clients more than they realise and avoid making wrong decisions based on shaken confidence if they want to succeed and grow throughout 2023, says the head of a broker coaching business . James Veigli (pictured above), is the founder of Melbourne-based Broker Ideas Group, which has a team […]

Mortgage Choice broker brothers offer fresh approach

Two of the youngest brokers in Mortgage Choice’s national network say the industry could benefit from an injection of younger talent, perspective and skills. Elijah Barrett (pictured above left), 20, and his brother Lucas Barrett (pictured above right), 23, bought into a Mortgage Choice franchise in the Bayside area in Victoria six months ago after […]

Why use a Mortgage Broker

Mortgage demand picks up as seller concessions rise By DDA Mortgage • 11 Jan, 2023 • Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns. “I’ve had five people […]

Broker thrives on refinancing boost

A Sydney mortgage broker says she is loving the surge in the number of her clients refinancing their home loans. Marina Michael (pictured above), owner and head finance broker of Elending Finance, said she enjoyed educating her clients about the benefits of refinancing their home loans and how and why their mortgage was structured. “The […]