We are an Australian mortgage broker with a difference. We simplify getting the right home loan from dozens of lenders with hundreds of options then we pay you a monthly cash refund on your home loan.
Take a look at the savings on a $350,000 National Australia Banks, 30 year Homeside HomePlus Package:
| Refund Saving | Impartial Brokers | 100% Refunds | Monthly Refunds | Yours to Keep | |
| Mates Rates | $53,014 | Yes | Yes | Yes | Yes |
| Refund Home Loans | $4,138 | No | No | No | No |
| The Banks | $0 | No | No | No | No |
The current interest rate of this loan is 5.82% p.a. (effective 04-02-2010) however many other lenders and loan products are also available. Savings are based on home loan refunds being deposited directly to your loan. You can download a copy of the calculations here.
Save more every time
You often hear that mortgage brokers save you time and money. We do it better than anyone.
Mates Rates helps you make a simple mortgage choice then dramatically reduces the time and money it takes to repay your mortgage by depositing monthly refunds into your home loan. This works out up to 10 times better for you than once-off rebaters like Refund Home Loans.
So whatever you do, don’t confuse Refund Home Loans the franchise, with refund home loans from Mates Rates. We’re better. Click here to arrange a free, no obligation appointment or call 1300 55 81 61.
Impartial Mortgage Brokers
Unlike most brokers, your Mates Rates mortgage broker does not work on commission. They are full time professional employees. When it comes to choosing different lenders and loan features, your Mates Rates broker offers impartial advice on each of our lenders and their products.
So whilst our competitors use a complex mix of sub-contractors, franchisees and commission based brokers, you can be sure the person you deal with at Mates Rates is employed by us, to look after you.
100% Mortgage Refunds
Mates Rates pays you 100% of ongoing commission which is the largest piece of the commission pie and the bit that mortgage ordinary mortgage brokers want to keep – When you see how much it can save you, you’ll understand why.
Monthly Refunds
After we help you arrange your mortgage, we pay 100% of ongoing commission to your mortgage on a monthly basis to maximise the savings you get at Mates Rates.
The best our competitors can manage is once a year. Some of them, just once per loan and the others, never.
Refunds Are Yours To Keep
Unlike other refund mortgage brokers, your home loan refunds are never at risk. There’s no nasty fine print (sometimes called “clawback”) that obliges you to repay your refund if circumstances change.
