Mortgage club TMA is offering an interactive calculator designed to show directly authorised (DA) brokers the benefits and income they can expect to receive when they join the club.

The calculator is hosted on a TMA microsite dedicated to explaining the many value added benefits offered by TMA. The tool gives DA firms a way of calculating what brokers can expect to earn through TMA compared with their current mortgage club, while also illustrating the profit that can be shared as a result of loyalty and regular business.

The launch of the calculator comes the week after TMA announced the launch of its profit share scheme to reward loyal advisers.

David Copland, spokesperson for TMA, said: “The aim of our microsite is to simplify the process that all DAs go through when looking for a mortgage club.

“The DA market has similarities to a supermarket; the beauty of being a DA is that you can ‘shop’ anywhere you want. Our challenge is to show DAs why they should do their ‘big shop’ through our club and how we reward this loyalty by finding ways to support their business. Some of the ways that we support advisers are by sharing profits, creating bespoke training, offering access to specialist events, business development including face-to-face meetings and compliance support. We want to redefine what a mortgage club is by rejuvenating how it supports DA businesses.“