Track My Trail Team

A mortgage broker risk management template is a working document that lists your brokerage’s risks, rates how likely and damaging each one is, and records what you are doing about it. Built properly, it becomes a living register plus the policies, training and insurance decisions that sit behind it. This guide walks through building one … Read more

Mortgage broker assistant training prepares support staff to run the operational side of a brokerage: loan documentation, process management, CRM upkeep and client follow-up, while staying clear of credit assistance work that only authorised people can perform. Done well, it turns a busy broker into a functioning team. This guide covers what assistant training should … Read more

LoanKit Aggregation was a mortgage aggregator owned by Mortgage Choice until Finsure acquired it in August 2013, adding more than 500 brokers and a loan book of almost $4 billion to the combined group at the time. The LoanKit brand has since disappeared from the market entirely: Finsure trades under its own name, and the … Read more

A mortgage brokerage can operate as a sole trader or a partnership or through a company or trust structure, and that choice sets how you are taxed, how exposed your personal assets are and how much administration you carry each quarter. There is no single right answer: the best structure depends on your size, risk … Read more

Mortgage broker KPIs are the metrics that tell you whether your brokerage is actually working: how fast loans move from application to funding, how many applications convert, what each settled loan costs and earns, and where files stall. Tracked properly, they turn business decisions from guesswork into measurement. This guide covers the basic and advanced … Read more

A subprime mortgage is a home loan written for a borrower whose credit history falls short of mainstream criteria, priced at a higher interest rate to cover the added risk. In Australia the label itself is rare: lenders and aggregators call this space non-conforming, specialist or near-prime lending, while “subprime” remains mainly an American term. … Read more

A non-bank lender is a financial institution that writes loans without holding a banking licence: it cannot take deposits from the public and instead funds its lending through wholesale markets, securitisation or shareholder capital. Non-banks range from large residential mortgage managers to niche commercial funders, and they now write a material slice of new Australian … Read more

Discharging a mortgage removes the lender’s mortgage from your property’s title, and the discharge authority is the signed instruction that tells the outgoing lender to do it. The form starts the process whenever a loan ends: full repayment, a property sale, refinancing or a guarantor release. This guide walks through the discharge process step by … Read more