- Service
Para Broker
Boost efficiency, reduce overhead costs, and improve customer experience while growing your business by seamlessly integrating skilled para brokers from Elite Business Staffing into your team. Our solutions are designed to cater to mortgage broker's specific needs that offer the expertise and flexibility to support your business goals effectively.
Elevate Your Mortgage Brokerage With Expert Para Broker Outsourcing Support
Para brokers are necessary in mortgage broker industry with tasks like gathering client information, preparing documentation, conducting preliminary research on mortgage products, and managing administrative aspects of the mortgage application process. But we understand that every business is unique, which is why our para broker service is fully customisable to meet your specific needs. No matter the scope of your requirements, we are here to work closely with you to design a benefits package that aligns with your company culture, budget, and objectives.
We here at Elite Business Staffing offer specialised para broker services designed to streamline operations, enhance productivity, and enable brokers to focus on building relationships and closing deals. Our dedicated para brokers provide behind-the-scenes support to help your business run smoothly and efficiently while maintaining the highest level of quality and productivity.
Whether you’re looking to fill temporary positions, hire permanent support staff, or recruit specialised talent, our para broker service delivers results that drive business success.
Servicing Calculator Assessments
We use advanced tools to accurately evaluate clients' financial capacities by analyzing income, expenses, debt obligations and other factors.
Funding Position Analysis
Our team offers comprehensive funding position evaluation by accessing clients’ available funds, assets, investment portfolios and financial commitments.
Product Research
We offer extensive research on various loan products offered by financial institutions consisting of insights into interest rates, terms, features, and eligibility criteria of different loan options.
Packages Recommendations
Our para brokers specialize in providing personalized package recommendations based on clients' financial profiles and borrowing needs.
Data Entry and Lodgment
We handle the data entry for loan applications on your aggregator platform and ApplyOnline or Loanapp. We also ensure the timely lodgment to expedite the approval process.
Pipeline Management
We maintain organized pipelines of each application's progress from submission to settlement, keeping clients informed at every step.
Previous
Next
Service Benefits
Our expert para brokers are experienced in navigating the loan application process with ease, delivering exceptional results at every stage. We prioritise simplifying your loan application and enhancing client satisfaction.
- Credit report assessment and in-depth analysis of your client's financial situation.
- Detailed comparison report of up to 4 suitable lenders and products.
- Thorough policy checks for compliance with regulatory standards and criteria.
- Productive workshops with lenders & BDMs to fine-tune relevant scenarios.
- Calculation of accurate funding position and preparation of report accordingly.
- Servicing calculators' completion and streamlined usage.
- Efficient handling of pricing requests, ensuring prompt completion.
But our job doesn’t end here. We believe in fostering long-term relationships with our valuable clients. Our dedication to your success extends beyond simply matching you with our qualified assistant. We believe that every client should receive comprehensive maintenance support to ensure their requirements are met and even exceeded.
Contact us today and let’s take your staffing strategy and brokerage to the next level of success.
*Notes:
- We go through all the supporting documents with a fine tooth comb as part of our service and prepare a list of any additional documents we’ll need for submission.
- We thoroughly and accurately complete data entry on both aggregator platforms, ApplyOnline, and Loanapp.
- Brokers need to complete their own compliance and BID commentary before we can work our loan processing magic.
- Our Experience
We are Experts in the Latest Technology
We tend to hire experts that are experienced and skilled in different technologies. Below are some of the technologies we are proficient in.
- Our Experience
We are Experts in the Latest Technology
We tend to hire experts that are experienced and skilled in different technologies. Below are some of the technologies we are proficient in.
- WHY OUTSOURCE Virtual Assistants?
How Much Will It Cost to Hire a Virtual Mortgage Broker Staff?
Outsourcing mortgage broker support roles can significantly reduce without compromising on quality. Here's a quick comparison of the average costs of hiring a Mortgage Broker Assistant, Para Broker, and Loan Processor in Australia versus outsourcing to Nepal.
| Role | Average Cost in Australia (AUD) | Outsourced Cost in Nepal (AUD) |
|---|---|---|
| Mortgage Broker Assistant | $60,000 - $75,000/year | $20,000 - $30,000/year |
| Para Broker | $65,000 - $75,000/year | $25,000 - $45,000/year |
| Loan Processor | $55,000 - $75,000/year | $18,000 - $28,000/year |
By outsourcing to Nepal, businesses can save up to 60% on operational costs while accessing skilled professionals trained to deliver exceptional results.
FAQs
What is a para broker, and how can they support my mortgage business?
A para broker is a professional assistant to mortgage brokers who can manage tasks such as loan application preparation, documentation, compliance checks, and client communication. By handling these responsibilities, they free up broker's time so that brokers can focus on building client relationships and grow their business.
What specific services do your para brokers provide?
Our para brokers offer:
- Servicing calculator assessments
- Funding position analysis
- Product research and package recommendations
- Data entry and loan application lodgment
- Pipeline management
- Compliance support and regulatory checks
How do para brokers ensure compliance with industry standards?
Our para brokers are trained to perform thorough compliance checks on all documentation. They ensure that every step adheres to legal and regulatory requirements. This minimises risks and enhances trust in your brokerage services.
How does Elite Business Staffing ensure data security?
We prioritise the confidentiality of our client's information through robust security measures. We ensure secure data handling practices and compliance with data protection regulations.
How does outsourcing para broker save time and money?
Outsourcing your routine and administrative tasks to a skilled para broker can reduce the need of a full-time staff and lower your operational costs. This way you can allocate more time to high value activities like client acquisition and retention.
Grow your business with our robust staffing solutions.
We consistently exceed our clients' expectations by providing high-quality staffing solutions. Get in touch with us to get started!