However you can – not just cheaper, but better as well, because we think of you as a mate. A Mates Rates Mortgage Broker makes choosing a better mortage from hundreds of options simple. Here are 5 things we do to get you a better deal:

1. 100% Mortgage Rebates
2. 100% of Lender Products impartially compared
3. 100% Professional
4. 100% One Company
5. 100% Independent

Request a free appointment – No charge, no obligation and in the comfort of a time and place that suits you. You can also call us on 1300 55 81 61.

100% Mortgage Rebates.

Lenders pay mortgage brokers, including Mates Rates, an ongoing commission which can be up to 0.35% p.a.

We pay 100% of it to you, each month as a mortgage rebate and we still don”t need to  charge you a fee for arranging your loan either.

That’s becuase most of the work done by a mortgage professional is in loan selection and arrangement so Mates Rates Mortgage Brokers uses the Up Front commission, also paid by lenders, to cover this work. As a guide, the UpFront for an average sized loan is around $2,100 which enables us to run a professional business.

No other mortgage broker does this, although we have been paying ongoing rebates to our clients since 2004.

^ Top

100% Inclusion. We search, you save.

It may come as a shock to you, but brokers including Aussie and Mortgage Choice exclude dozens of leading products and lenders from their comparison process simply because the commissions paid for those products are too low. In fact Mates Rates offers 4 times the number of CANNEX 5 Star Fixed Rate loans and 25% more 5 Star Variable Rate loans than you can access through Aussie.

100% of all products from any lender willing to pay Mates Rates any commission for brokering those products are included in our searches, impartial comparisons and recommendations.

^ Top

100% Professional. No adviser commissions.

Your dedicated Mates Rates mortgage broker is a qualified and deeply experienced finance professional. Unlike most mortgage brokers, our brokers work for a salary, not commission.

Mates Rates mortgage brokers look out for the fine print, extra costs and discounts as well as the interest rate to provide you with a better indication of the real cost of a different options. Even small differences in your mortgage rate, the fees and charges, discounts and rebates could save you thousands in the long run.

We pay them to do one thing and one thing only, to offer you the best advice and help they can.

^ Top

100% One Company.

Mates Rates Mortgage Brokers is not a franchise and it does not subcontract mortgage brokers, which means we take more care in choosing, training and supporting our mortgage broker and support team.

You’ll never get stuck in the middle of he said/she said because we are one company. 

^ Top

100% Independent.

Mates Rates is not just independently owned and operated, the state of the art software your Mates Rates mortgage broker uses is also independently owned, developed and maintained. This specialist finance tool is in use in leading mortgage research businesses, other mortgage brokers as well as lenders.

The information the software uses is regularly updated and is provided by independent finance research company Canstar CANNEX.

Find a home loan with someone you can trust, talk to a professional. Request a free appointment – No charge, no obligation and with the comfort of a time and place that suits you. You can also call us on 1300 55 81 61.

[contact-form]

Here are a few recent comments on what we do and how we do it.

First Time Buyer – Wonderful

Our decision to go with MatesRates was one of the best ones we made last year.

Everything went all good and smoothly, and Trent Lee and the team did a wonderful job in assisting us to get the best loan for us. Just give them a list of features that you want in a loan, and they will be the one doing the hard work for you.

In addition to that, you couldn’t go wrong with the ongoing comission rebate,

At first we were thinking this is a bit too good to be true, and most people would probably think so too, but this is actually a very good example of thing that is done right. They’re happy, We’re Happy. it’s a win win situation. In fact, we just received it again few days ago. I know someone who gost 400$ back from the homeloan broker, but it’s a one off thingy, where ours is ongoing. On a different note, you don’t really need to meet them personally, everything can be done by Phone or Emails so this will suit people with jobs. We’re really happy with them and we always tell everyone about it as soon as we’re talking about homeloan. Contact them now, and you’ll know why we’re happy.

Andrew & Indrawati on Mates Rates help buying their first home.

Overseas Buyer – Unbeatable

In December of 2007 we bought our first home in Australia. Mates Rates was recommended to us. Even though we were difficult and extremely demanding they were professional and helpful and got us a deal that we could not beat anywhere. They were careful to ensure that we were informed throughout the whole process and there were no surprises.

They continue to follow up with us to ensure that we are happy customers and keep us informed. All in all a great experience!

Kerry & Desi on Mates Rates help buying their first home in Australia.

Refinance – Easy, no pressure

My experience with Mates Rates Mortgages was extremely positive. There was significant consultation about my requirements for a home loan which was followed by the provision of a variety of information about options that might fulfil the criteria that I had outlined. The information was provided in a format that was easy to understand and interpret and allowed comparison between products. The broker was available to answer questions at any time and appeared to have a comprehensive knowledge of a wide range of products from different lenders. At no stage did I feel pressured to sign up with any particular company.

The service provided by Mates Rates Mortgages was excellent. I was able to contact them at any time and timeliness of responses to questions/requests always exceeded my expectations. Once we decided on a loan product, their staff stepped me through the completion of the paperwork which saved a lot of time and reduced a lot of stress. We were moving interstate at the time and had significant time constraints. With the assistance of Mates Rates Mortgages, we were able to meet our extremely tight timeframes. Our lender at the time did not provide any options or seem interested in assisting us meet our requirements. It was an easy decision to discharge our loan with that particular organisation.

Based on my experience, I would recommend Mates Rates Mortgages regardless of any commission refund. Their service warrants referral irrespective of any refund. The broker did not push a commission refund as a selling point with any particular product – it was mentioned more as an added benefit rather than a reason for making a decision one way or another. The focus was geared towards meeting my requirements. I have been very happy with the recommended product as I had made an informed decision which was based on accurate information provided by the broker.

First Home Owner – Awesome

 “You have been awesome, I cannot believe there are so many organisations out there that lack professionalism but you have kept my belief that there are still great business people out there…”

Police Officer Darren, on Mates Rates Mortgages help financing his first home.

Next Home Buyer – Incredible Support

“I would like to express my sincere thanks to you and the team at Mates Rates, especially Jodie who provided incredible support and constructive advice during my recent home loan settlement.

Due to circumstances beyond my control the settlement date was delayed for some four months and it was during this most stressful time that Mates Rates showed their true professionalism and industry ‘know how’. Your advice to ‘lock in’ my mortgage rate proved to be invaluable information, virtually saving me 1,000’s of dollars off my mortgage and for this I truly thank you.”

Staging Manager Glenyse on Mates Rates help purchasing her dream home off the plan.

Investment Property – Professionalism

“My sincere thanks for your commitment and professionalism in establishing this loan facility.

One happy customer.”

Accountant Paul on Mates Rates help financing a new investment property.

First Home Owner – Forget the others

Trent Lee and his team were fantastic, they found me a loan for my first home that had all the options I wanted. Funny not one of the other brokers even mentioned the lender with whom I obtained my mortgage. With the bonus of the Mates Rates rebate I have no hesitation recommending their service. Forget the others, for better deals go MATES RATES!!”

Storeman, Graham on Mates Rates help financing his first home.

Refinance – A diamond in the rough

“Alan and I have dealt with several other brokers over the past five years and came to you because, quite frankly, they didn’t deserve the repeat business. We will definately be coming back to ‘Mates Rates when we are ready to purchase our next property. Your professionalism, attention to detail and customer service is exceptional. From the very first phone call, all the way through the process you didn’t miss a beat.

As all the other brokers boast ‘after sales service’ this is where I was most impressed. A letter asking us if we’re happy and offering to change things if we weren’t – at no cost? Remarkable! and the cheque in our account each month is the icing on the cake.

In a ‘cut throat industry’ Mates Rates have turned out to be diamond in the rough. Looking forward to doing business again in the future“

Staff Officer Trudi on Mates Rates help refinancing.

Ongoing Rebate Payments (ORP) is money we pay to your loan from Ongoing Commission we receive from your lender for brokering your mortgage.

When and how much?

ORP’s are smaller payments paid monthly for the life of your mortgage. ORP’s are 100% of the entire Ongoing (sometimes called Trail Commission received by Mates Rates.

It includes any special discounts or bonuses that affect the Upfront Commission paid by your lender to Mates Rates for your loan.

I am currently paying 5.10% interest, but with the Mates Rates Rebate of 0.30% I am effectively paying 4.8%.

Below are the rebates that I have had direct deposited into my offset account over the past 6 months thanks to Mates Rates generous rebate structure:

August $165.09, July $160.07,  June $165.40, May $149.39, April $165.30 March $165.20

I could not recommend Mates Rates Mortgages highly enough.

Darren

From little thing big things grow.

Although ORP payments start out a LOT smaller than an SRP, the can really add up over time, especially if you deposit them as extra payments to your mortgage. All ORP’s ares yours to keep, no matter what happens. Even if the lender initiates a “clawback”.

What’s clawback? It’s complex and it’s nasty. But don’t worry, at Mates Rates, it doesn’t affect you, because you keep your ORP no matter what.

Can I get an SRP and ORP?

Sorry, but we have to pay our staff because we need them to look after you. You can only choose one or the other.

A Single Rebate Payment (SRP) is money Mates Rates pays to you from the Upfront Commission we receive from your lender for brokering your mortgage.

When and how much?

An SRP is paid within 60 days of your mortgage settling and is 25% of the entire Upfront Commission received by Mates Rates.

It includes any special discounts or bonuses that affect the Upfront Commission paid by your lender to Mates Rates for your loan.

A bird in the hand.

An SRP is paid to you in the beginning of your loan when your money is most valuable and it’s yours to keep, no matter what happens. Even if the lender initiates a “clawback”.

What’s clawback? It’s complex and it’s nasty. But don’t worry, at Mates Rates, it doesn’t affect you, because you keep your SRP no matter what.

Can I get an SRP and ORP?

Sorry, but we have to pay our staff because we need them to look after you. You can only choose one or the other.

Your dedicated Mates Rates mortgage broker has real experience the home loan and property markets, but what really sets them apart from the rest is:

• They do not work on commissions
• They access the largest “outstanding value” loan range as rated by CANNEX
• Their expertise, experience and backup support
• The independent software and information they use

Mates Rates mortgage brokers will find the right loan for you

Your needs and dreams are as unique as you are. A home loan that works for your friend, brother, sister or parents might not be the right one for you. What might save them money could cost you dearly. That’s why the best range of home loans analysed with the right tools and matched with the experience of our professional mortgage brokers really makes a difference.

Your Mates Rates mortgage broker works with you to identify your specific borrowing requirements then uses the latest, independent software and lender information to rank hundreds of home loans against your requirements. Almost 400 of these loans are rated by CANNEX as 3Star+ and your broker also has a range of unrated products from reputable lenders as well.

I could not fault the professional and friendly service I received. They explained everything in detail verbally and in email. Once I had decided which lender I was going with, the process was very fast and efficient.

Nicole

It’s easy to arrange a comfortable, confidential session with a Mates Rates mortgage broker which could save you thousands not just today, but tomorrow and for years to come.

We’re with you all the way

From the moment you choose a mortgage, your Mates Rates mortgage broker, backed by a dedicated service delivery team, guides you through the entire home loan process, from application to settlement and beyond. They’ll also tell you where to sign and explain exactly what you’re signing.

Remember, once your home loan settles, you will receive your choice of mortgage rebates to help you get get mortgage free a lot faster.

Training and accreditation

As well as satisfying strict employment and training criteria, all Mates  Rates mortgage brokers are:

Fully accredited by either the Finance Brokers Association of Australia or Mortgage & Finance Association of Australia. In some cases both.

1. Qualified with the Certificate IV (Financial Services) Mortgage Broking.
2. Find a home loan with someone you trust and talk to a professional.

Request a free appointment – No charge, no obligation and in the comfort of a time and place that suits you. You can also call us on 1300 55 81 61.[contact-form]

At first we were thinking this is a bit too good to be true, and most people would probably think so too, but this is actually a very good example of a thing that is done right. They’re happy, We’re Happy. it’s a win win situation.

Andrew & Indrawati – First Home Buyers

Mates Rates mortgage brokers has an industry leading approach to ensure you get out of debt faster. Your Mates Rates mortgage broker does this by:

1. Paying you a choice of mortgage rebates
2. Accessing the largest range of  5 Star home loans and almost 400 3 Star+ loans
3. Employing full time mortgage broker professionals
4. Helping choose the right loan for today and for tomorrow as well

No matter what your experience, no matter what your need, Mates Rates can match an experienced mortgage broker to give you the best value, care and support. Arrange a free appointment – No charge, no obligation and over the phone when it’s convenient for you. You can also call us on 1300 55 81 61.


[contact-form]

We also have over 20% more 5 Star Variable Rate mortgages too. In fact, talk with a Mates Rates mortgage broker and you get easy access almost 400 home loan products with an independent CANNEX rating of 3 Stars or higher at Mates Rates.

Amongst the many important things a mortgage broker should do for you is to help you choose a good quality, well priced home loan. How good the loan you wind up with, is controlled by the quality of lenders your mortgage broker has to choose from in the first place.

Your Mates Rates mortgage broker delivers you simple help with the largest range of “outstanding value” home loans for owner occupiers and investors as rated by independent financial research company CANNEX. For a better mortgage choice, arrange a free appointment – No charge, no obligation and over the phone when it’s convenient for you. You can also call us on  1300 55 81 61.

To download the latest report from CANNEX, click here.

[contact-form]

• Get simple, consistent help on a better range of lenders
• Access savings you can’t get with old style brokers
• No pressure convenience and support

Getting started is simple, just make a 10 second enquiry.

Better lenders and more of them

Get simple, one point access to a better range of lenders than you will with most traditional mortgage brokers.

Mates Rates will simplify your choice between thousands of different loan options available from our better range of lenders. In the latest CANNEX Home Loan Star Ratings, Mates Rates offered around 3 TIMES MORE Fixed Rate Loans with a 5 star rating and about 25% more “Outstanding Value” variable rate loans than  traditional brokers like Aussie.

Online Mortgage broker savings

Mates Rates reduced costs means we provide you with a better service and more generous mortgage rebates than any moragage lender or broker. We pay you a choice of either 100% of ongoing commissions we receive or,  25% of the up front commission we receive.

Although mortgage brokers claim to be free, they’re not. As an online mortgage broker, Mates Rates takes those commissions and puts them back into your pocket.

Convenient and Professional

Even though you can deal with Mates Rates online, doesn’t mean you miss out on service. You are assigned a dedicated mortgage professional to work with you throughout. You can reach them  by telephone, email and fax to get the answers you want and the support you need.

Your Mates Rates mortgage broker is a full time employee of Mates Rates and does not work for commission so they are driven by your needs, not theirs or the lenders.

[contact-form]