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  • Profile photo of MattMatt
    Participant
    @mathol26
    Join Date: 2017
    Post Count: 3
    July 1, 2017 - 7:21 am

    Hi Terry,

    I will double check the AFSL licence and confirm. They haven’t disclosed the amount of commissions but they work directly with the developers and the finiancial institutions so I just figured their commissions had to come from two places. Securing loans and selling property.

    Thanks for your advice, it has been helpful.

    Regards

    Matt

    Profile photo of MattMatt
    Participant
    @mathol26
    Join Date: 2017
    Post Count: 3
    June 30, 2017 - 3:45 pm

    Hi Terry,

    We are speaking to them about SMSF and also investment properties outside of super. They to be more of a conduit really as they facilitate processes between ourselves, MODE SMSF and another company called interactive mortgage and finance. Their literature also states they are a member of the FBAA Finance Brokers Association of Australia and their credit licence is ACL 391 922.

    At the end of the day they seem legitmate from an operational and regulatory sense. I just have this feeling like their main driver is pushing you into over inflated SMSF investment properties to make sure they are achieving worthwhile commissions.

    Thanks for your reply and engaging, it is greatly appreciated.

    Regards

    Matt

Viewing 2 posts - 1 through 2 (of 2 total)