MFAA Certified Mentors

The best way to choose a mentor

Mentoring Workshops can provide knowledge for business success

Seeking a mentor to help you start and grow your new mortgage broking business is one of the most important tasks you need to do.

The right mentor can achieve success quicker and more efficiently, and also help you avoid the pitfalls.

A mentor is also a mandatory requirement to enter the industry. But don’t choose a mentor just so you can meet that requirement.

And don’t choose a mentor because they are the least expensive. As someone once told me, there is a very good reason why they are inexpensive. It is never only about their mentoring fees. Look also at the value that they can bring to your business.

Behind every successful mentee is a successful mentor!

Here are some universal advice on what to look for and what to avoid when choosing a mentor for your mortgage broking business.

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What to look for in a mortgage broking mentor?

How to choose the right mentor for you?

Mortgage Broking can be one of the most financially and personally rewarding businesses there is. To achieve real and lasting success, you need the right tools and the right guidance.

As a new to industry mortgage broker, you must have a mentor.  This is a mandatory requirement that the  Mortgage and Finance Association of Australia (MFAA) and the Finance Brokers Association of Australia (FBAA) have put in place.   All new mortgage brokers must be mentored for the first 2 years of their career.

Don’t underestimate the amount of training, knowledge and expertise it takes to start a mortgage broking business and becoming successful.

The amount of information you will need to learn in the beginning can be overwhelming.  The analogy that you will be drinking from a fire hydrant is not too far fetched.

This means you need to be trained correctly by a mentor to help you succeed in your business.

But how do you go about selecting the right mentor for you?
What questions do you ask? And how does it work?

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PLAN Australia prefers Masters Broker Group for mentoring mortgage brokers

In an update on the PLAN Australia website, Masters Broker Group is now the supplier of choice with PLAN Australia to mentor their new to industry mortgage brokers.

The Master Class by Masters Broker Group is aimed at providing a structured mentoring program for new to industry mortgage brokers. It has been endorsed by the MFAA, and sets the industry benchmark to producing the next generation of mortgage brokers.

Masters Broker Group at the 2012 MFAA Convention

Andrew Tan and Mario Borg of Masters Broker Group attend the inaugural MFAA Certified Mentor Professional Development Day in conjunction with the 2012 MFAA Convention at Adelaide. The Professional Development day was attended by MFAA Certified Mentors.