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Melbourne, Australia

Mortgage Choice franchise launches Squadron XV

Australian Franchise News – 14-08-12


Mortgage Choice has commended its longest-standing franchise owners by inducting them into a new club, known as the ‘Squadron XV’.

Officially launched at the company’s annual National Conference in late July, Squadron XV encompasses a diverse and well-deserving group of mortgage broking veterans, each of whom has been in business for 15 years.

Mortgage Choice CEO Michael Russell said, “Our Squadron XV members deserve to be acknowledged for dedicating themselves to their business, the brand and importantly, to their customers over the past 15 or more years.”

“The 17 franchisees who have been inducted into this esteemed club have developed a strong rapport and reputation within their local communities that we feel is essential to longevity in this business. They are role models within our network, having perfected their business plans over the years and determinedly maintained a high level of customer service despite the many challenges that have come their way.”

“This select few have helped to uphold the inherent value of integrity and shape the customer for life philosophy that is Mortgage Choice and we are pleased to recognise their contribution.”

Highly regarded by the company’s lender panel partners, the club is anticipated to carry a prestigious status within the mortgage broking industry.

“Squadron XV members will receive a range of special privileges within Mortgage Choice as a reward for incredible service,” said Mr Russell.

“The incentives are also aimed at encouraging our other successful franchise owners to strive to reach this highly prized status.”

Celebrating 15 years with the company, Squadron XV franchisee inductees include:

  • Valdis Bormanis (VIC)
  • Ian Macpherson (QLD)
  • Alan Heath (QLD)
  • Judith Goodman (VIC)
  • Bob Gibbons (ACT)
  • Mark Ferris (WA)
  • Stuart Ellicott (NSW)
  • Russell Crook (WA)
  • Stephanie Cook (NSW)
  • Graham Bowling (QLD)
  • Kevin McCann (VIC)
  • John Osbourne (ACT)
  • Michael Perkins (NSW)
  • Julie Schelling (NT)
  • Tony Schelling (NT)
  • Leeanne Scott (NSW)
  • Anthony Van Den Niewuwenthof (NSW)

About Mortgage Choice

Australia’s largest independently-operated mortgage broker, Mortgage Choice has sourced a home loan for well over 350,000 people since 1992. It works with all manner of property finance borrowers via hundreds of franchises.

The company writes almost in every 20 home loans in Australia by providing professional guidance on, and choice of, products offered by an extensive panel of leading lenders. Many of its brokers provide a broader service, helping customers source commercial and personal loans, asset finance, deposit bonds and risk and general insurances.

Uniquely, Mortgage Choice pays its franchisees the same commission rate for home loans they write, regardless of rate paid by the lender a new customer selects, working in the customer’s best interests to tailor a solution to them.

The company has no balance sheet or funding risk, and consistently delivers strong profits and attractive yields. It listed on the ASX in 2004 (MOC) and is a member of the Mortgage & Finance Association of Australia (MFAA).

Recent recognition: 2012, 2011 Australian Broking Awards Major Brokerage of the Year – Franchise; 2012 Australian Broking Awards Best Training and Education; 2012 Australian Broking Awards Best Ethical/Social Responsibility Program; No.1 on The Adviser magazine’s 2012, 2011, 2010 and 2009 Top 25 Brokerages list; 2012, 2010, 2009, 2008, 2006 and 2005 MFAA Awards Retail Aggregator/Originator of the Year; 2011, 2010, 2009 and 2008 10 Thousand FEET Top 10 Franchise list; 2010 Forbes Asia-Pacific Best Under A Billion list.

Mortgage Choice holds an Australian Credit Licence: no. 382869, issued by ASIC.


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