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Why lenders are courting fledgling brokers: Homeloans' BDM

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Australian Broker | 30 Nov 2012, 07:00 AM Agree 0
Last week, Australian Broker Online reported an increase in lenders' interest in inexperienced brokers - Homeloan's BDM tells us why
  • 1martym1 | 30 Nov 2012, 09:41 AM Agree 0
    Does anyone know the drop out rate in the first 12 or 24 months?
  • ozboy | 30 Nov 2012, 10:05 AM Agree 0
    “This is not an exercise to turn a profit ," he says, "it is an investment in the future.”

    Quote of the year!
  • ozboy | 30 Nov 2012, 11:19 AM Agree 0
    Does anyone know the drop out rate in the first 12 or 24 months?

    My understanding is that it runs at around 30% and moves up over 3-5 years.
  • sidbroker | 30 Nov 2012, 02:09 PM Agree 0
    MY SOURCES TELL ME IT`S 70% AFTER 12 MONTHS.
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