B beech 17th Feb, 2002 #1 From: Darren Beech hi guys just wondering if an Interest only loan instead of a P&I loan set up by a mortgage broker affects a brokers commission?i assume they would get commission for either loan but someone told me they dont for IO. Last edited by a moderator: 5th Apr, 2017
From: Darren Beech hi guys just wondering if an Interest only loan instead of a P&I loan set up by a mortgage broker affects a brokers commission?i assume they would get commission for either loan but someone told me they dont for IO.
P pobrien3 17th Feb, 2002 #2 Reply: 1 From: Patrick O Brien Darren It doesn't matter whether the loan is I/O or P&I-Brokers still get the same commission. Cheers Patrick Last edited by a moderator: 5th Apr, 2017
Reply: 1 From: Patrick O Brien Darren It doesn't matter whether the loan is I/O or P&I-Brokers still get the same commission. Cheers Patrick
R Rolf Latham 17th Feb, 2002 #3 Reply: 2 From: Rolf Latham Hi Darren I would agree with Pat with the following addition. Many lenders will only pay to 70 % of a Line of Credit Limit. Ta Rolf Last edited by a moderator: 5th Apr, 2017
Reply: 2 From: Rolf Latham Hi Darren I would agree with Pat with the following addition. Many lenders will only pay to 70 % of a Line of Credit Limit. Ta Rolf
A Alan H 17th Feb, 2002 #4 Reply: 2.1 From: Alan Hill Rolf, All this time I thought you did it for the love of it! I always assumed that longish number on your business card was a Registered Charity Number.....now I look at it closer.....your right, it's an ABN! Last edited by a moderator: 5th Apr, 2017
Reply: 2.1 From: Alan Hill Rolf, All this time I thought you did it for the love of it! I always assumed that longish number on your business card was a Registered Charity Number.....now I look at it closer.....your right, it's an ABN!