"This business is not an overly complex one; there are a number of things that can be done in terms of responding to interesting and challenging times," Mr Lahiff said.
"The diversification we see as being a good adjunct in the latter part of this year and in 2009 to assist franchisees grow their business."
Home loan approvals fell 2.7 per cent in September, according to the latest figures released by the Australian Bureau of Statistics.
Mortgage Choice has also been affected by the reduced commissions offered by lenders to brokers.