How does Mates Rates Mortgage Brokers get paid?

Like all brokers, we receive an upfront commission from the lender who funds your loan; but no matter which cash back loan you choose, we are always paid the same amount and credit the ongoing Finsure lender paid trailing commission to you as our Mates Rates monthly Home Loan Cash-back Subsidy to your home loan, helping you to Pay it off Faster! Unlike a Cash-Grab mortgage broker that may choose a higher commission paying lender to recommend to you and pocketing your cash-back.

If the upfront commission is lower, it can be made up from your cash back, we call it a Lender Commission Leveller or LCL.

Our minimum fee paid by the lender’s commission, means you can rest assured knowing our recommendations are fair-dinkum and under no influence by the commissions – because mates will always do the right thing by their mates!

Find out more about different types of cash back.