Mortgage Broker Pays You up to $4000 for Each Loan Settled (Refinance or Purchase) @ Rannar Financial

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Go to Deal

AssociatedPRannar on 01/11/2022 - 10:03 rannar.com.au (42 clicks)
Last edited 28/11/2022 - 15:34 by 1 other user

We help homeowners negotiate the best interest rate and fee structure available with a lower interest rate and faster turnaround times. We are a completely free service and act on behalf of all the major banks and the majority of non-bank lenders.

For any property purchase or refinance applications submitted through us, we can offer extra broker cashback $101 Extra Broker Cash Back for Every $100,000 of Home Loan Balance Mortgage Refinanced or Purchased loan amount, if your net loan is at least $400,000.
You need to still have the loan until the end of the lender's commission clawback/refund period, which is either 18 or 24 months. Will be paid in four installments every 6 months after the settlement.

Not applicable if the transaction involves a construction loan or a bridging loan.

Great cashback and great variable rates for both refinance AND purchase applications.

What about the bank/lender's offers?

Some banks/lenders are offering up to $5000 cashbacks. Our broker cashback is on top of the $2k-$5k cashback provided by the bank/lender.

Here are some of the cashback offers for your reference:

We also have a refer a friend EARN $200 for those who know friends currently in the home loan market.

Please feel free to email us at [email protected] or text/call us on 0479 181 437 or booking in a time here: https://www.rannar.com.au/contact-us/ and we would be happy to answer all finance-related questions.
W: www.rannar.com.au

*"Balance Settled" means if you have a loan of $500k and $100k in the offset/redraw the cash back is for $400k balance not the total $500k loan - this is how banks pay us.

*You need to still have the loan until the end of the lender's commission claw back/refund period, which is either 18 or 24 months.

Rannar Financial Services under Australia's Services Australian Credit License 384324.

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• 

  RR88 on 01/11/2022 - 10:11

  +4

  you should disclose what your commission is

  $500 rebate on a 500k mortgage is shite

  • 

    freedomofspeech on 01/11/2022 - 10:44

    +2

    Not should.. HAVE to..

    according to best interest duty

  • 

    mortium on 01/11/2022 - 11:47

    Broker here. It's pretty standard these days at 0.6 to 1%+GST. On a 500k mortgage I'd be roughly guessing at about 3k comms for most deals.

    PS: Totally not related to these guys at all.

    • 

      AssociatedRannar @ Rannar Financial Services on 01/11/2022 - 16:37

      Thats what Bank pays to the Aggregator, not to the broker.
      Just wondering which Lender is giving 1%?

      • 

        mortium on 01/11/2022 - 18:02

        Liberty

• 

  knobbs on 01/11/2022 - 11:22

  What if you like to refinance every year. What happens with broker cashback

  • 

    AssociatedRannar @ Rannar Financial Services on 01/11/2022 - 16:35

    That doesn't mean that if a better offer is available, you will have to stick with the same bank, we can help you to move on to a better product offering in the market.
    We always work for our client's benefit not ours. All we are asking for committing to us for clawback/refund period, that how banks pay us.

  • 

    mans246 on 02/11/2022 - 11:29

    +1

    Broker here. He/She gets screwed over - most of the funds are clawed back if not all (depending on the lender). PS I am not associated with this organisation.

• 

  AssociatedRannar @ Rannar Financial Services on 01/11/2022 - 12:07

  -4

  We pay if you agree to have your loan until the expiry of our commission clawback/refund period, which is 18-24 months depending on the bank.

• 

  R14 on 04/11/2022 - 02:18

  Rep
  What is best investment variable and fixed rates offer at this moment (including Nov 1st .25%)