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Recommend XL Financial in Adelaide. He refunds comissions and doesn't mind working with interstaters via email / phone / fax etc
http://www.xlfinancial.com.au/services.html
Still , 0.15% adds up . on a $500K loan that is $750 per annum or $2250 after just three years.
Still , 0.15% adds up . on a $500K loan that is $750 per annum or $2250 after just three years.
Like I mentioned, the brokers who do refund trail commission that I've spoken too charge about $3000 + GST, knowing full well the life of the loan is only about 3 years. Not a bad deal for the broker...
On a slightly different note, does a minor modification such as changing from variable to fixed void the trailing commission to the broker?