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Who can become a Referrer?
Anyone based in Australia can become Referrer to our Mortgage Broker Division “Non Conforming Loans”. This means that any business or individual that has a registered abn and has not been banned from engaging in credit activities can refer clients, and if that client applies for a debt consolidation loan and that loan then proceeds through to full settlement we will pay to the person who referred the customer a referral fee.
People or businesses in related fields are in the best position to refer work to us (such as Accountants, Lawyers, Mortgage Brokers, Financial Advisors, Debt Advisors etc – but not limited to). If you have clients that require a Debt Consolidation Mortgage we can help!
All referral fees are based upon the loan draw-down amount at settlement and are a flat commission.
- Prime Loans 0.25% inclusive of GST for (No credit Impairment).
- Subprime/credit impaired or specialist loans we will pay 0.50% inclusive of GST – should a mandate not be charged to the referred client then the payment will be 0.25% inclusive of GST only.
Any prime loan referrals that are converted to subprime throughout the application process will be honoured under the subprime fee policy and paid accordingly to our referral partners.
All referral fees are payable within 30 days of the following month after settlement of a referred loan of $100,000 and above.
How do I register?
To register please go to our Non Conforming Loans website where you can apply to become a Referrer.
How does it work?
After registering as a referrer you can login and complete our secure Referral Form where Surname & Loan Amount fields will automatically add to your program for tracking. You will be updated with details of your milestones through to settlement with earnings transferred to you by direct bank deposit. We provide our Affiliates / Referrers with a high level of support, superior lead tracking and easy access to a variety of links and banners.
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