I Am a Mortgage Broker

An Invitation from
Managing Director Michael McClure

Grow your business with Westate Finance

Freedom, Choice and Support – Westate Finance offers a cost effective solution to empower you to grow and nurture your business.

Westate Finance is seeking quality, experienced Professional Lending Consultants in all capital cities and major provincial areas.

The Westate Finance business model provides Members with a secure, low cost, efficient and comprehensive business operating system supporting a national network of Diploma qualified, experienced and accredited Mortgage and Finance Consultants.

Westate Finance is a business built by loan writers for the benefit of loan writers. Membership extends to all major capital cities, also many provincial centres and is available to qualified Mortgage Professionals who desire to provide quality services and advice to their clients and uphold the highest standards of the Australian Mortgage Industry..

There are no fees applicable to membership of the Westate Finance Group. Our Brokers are paid commission on all loans settled, receiving a generous percentage of the gross lender upfront and trailing commission. There are no additional costs for access to your lending software, client management system, commission processing and the majority of professional development events.

With Westate Finance, our success and revenue is dependent upon your success, we partner with you to help you build a successful business.

Trading Structure

You may choose to operate under either our Branded model or trade using your own brand.

The branded model is designed to reduce your business costs by providing you access to trade under our professional Westate Finance brand;

  • You are the business owner, you own the commission and the client data.
  • Receive up to 95% of gross lender commission (depending upon settlement volume).
  • Our branded solution is provided at a low once off fee. Under this arrangement you receive
    • Use of the Westate Finance brand
    • An email account
    • Business cards
    • Soft copy marketing flyers
    • A personalised web page
    • Presentation folders
    • A branded business shirt
    • Your CRM and Loan Lodgement platform
    • On the ground BDM support
    • Accreditation support

If you choose to operate using your own business name and brand, you are welcome to do so at your own set up cost. You can move between models at a time of your choosing.

Security of commission

Our Members’ incomes are secured, managed and paid via our independent Trustee arrangement with Tower Trust. The trustee structure is separately funded and administered to provide security and continued distribution of all commissions to Members regardless of continuing membership of the Westate Finance Group.

This security is a key aspect appreciated by our membership allowing them to join the Westate Finance Group knowing that ownership of their client base and income entitlements is guaranteed.

Professional Development

Buyers Choice / Westate Finance and PLAN Australia deliver a comprehensive professional development and events program.

  • Multiple professional development days
  • A heavily subsidised national conference
  • Frequent Lender workshops
  • Access to a range of local based training and networking events

If not commercially accredited, you are provided with access to commercial finance solutions via a formal referral partnership with experienced and accredited commercial brokers.

Software Platform – Podium 2.0

Westate Finance members and their administrative staff, are provided with their own unique access to award winning platform Podium 2.0.

Podium is an efficient, easy to use and functionally rich system designed to help maximise customer relationships and grow your business. In its design and ongoing development, extensive research was conducted to respond to the technology and CRM needs of the broker market.

Automated marketing, business and compliance tools work together to provide an end to end experience for you and your customers.

Enhanced modelling capability and a rapid data capture process make loan lodgement simple.

Sales and Marketing

Westate Finance provides access to an array of marketing templates for you to utilise, enabling you to concentrate on growing your business through staying in touch with your customers. These are ideal for local area marketing, targeted offers, referral campaigns, online marketing and consumer publications.

NCCP Support

Whether you are a Credit Representative of our licensee or an ACL holder, you are provided access to tools, resources, templates and training to assist in meeting your compliance requirements.

Lending Products

With a panel in excess of 30 lenders, Westate Finance members are able to offer comprehensive choices for their clients.

Our white label offering, PLAN Lending, is exclusively available to our brokers, delivering excellent value to both the customer and the broker.

We provide comprehensive lending options for experienced Commercial and Asset Finance brokers and also for our members looking to diversify income streams by referring these types of finance through a referral program.

Please phone Mick McClure or Brett Mansfield today on 1800 888 876 to discuss how we can help you grow your Mortgage Broking business.