lukentel replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! 15 years, 3 months ago
To add in to this…Its not necessarily correct that brokers earn the same amount from one lender.For example, NAB have different broker 'star' ratings which range from 1-5 stars. The higher the star rating, the more commission the broker earns, as well as has more product access, higher lends etc (leaving their service quality out).With Westpac…[Read more]
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lukentel replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! 15 years, 3 months ago
To add in to this…Its not necessarily correct that brokers earn the same amount from one lender.For example, NAB have different broker 'star' ratings which range from 1-5 stars. The higher the star rating, the more commission the broker earns, as well as has more product access, higher lends etc (leaving their service quality out).With Westpac…[Read more]
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