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[VIC] $250 Broker Cashback Per $100,000 Home Loan Refinance (First 20 Customers, LVR 80% or Less) @ Mr Finance Broker



I have done this before and now I decided to do it again for Ozbargainers. I am giving $250/100k BROKER CASHBACK on home loan refinance + BANK CASHBACK that you will get from bank. This Cashback is from me.

There are few simple Terms & Conditions..

1: Must be Refinance
2: Must not have bad Credit Rating or Default
3: Broker Cashback will be paid on Loan settlement
4: LVR must be 80% or less
5: This Deal is for PAYG Customers only
6: Customers must be based in Melbourne only
7: This Deal is Valid untill 11th April 2024.
8: This Deal is limited to first 20 Customers only.
9: You must have enough borrowing capacity to Refinance.
10: You must be Australian or New Zealand citizen or Australian Permanent Resident.

This Deal is to help customers to bring down their monthly mortgage instalments by assisting them to get cheapest interest rate in market with maximum BANK CASHBACK + BROKER CASHBACK as high Interest rates making daily routine life harder for people.

If you got any question or if you are interested please contact me at..

[email protected]
[email protected]

Mr Finance Broker Pty Ltd
Credit Rep. Number 540992
Australian Credit Licence Number 391237
FBAA member M-352654
ABN 22 659 041 817
ACN 659 041 817

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  • +3

    OP, there is a very good chance that all 20 customers you attract with this deal will churn away from you within first 6-12 months. What clawback terms do you have to collect your commission payment back from them?

    • agreed. interested to find out as well.

      • +1

        You guys are absolutely right. Bank take 100% commission back from Broker if client change their bank in 6-12 months. Thats what we called Clawback. With me I just want my clients to stick with me thats why I'll help them to Refinance again if they think they are not on good interest rate. I beleive in good relationship with clients.

        • +2

          Good to hear but you havenโ€™t actually answered tomclancyโ€™s question:
          What clawback terms do you have to collect your commission payment back from them?

          • +2

            @Aussiecash: I am not getting any signs for clawback condition from my customer. Its all about good relationship with my clients. Thanks

          • @Aussiecash: It's illegal for brokers to charge their clients for ckawback.

  • +1

    Why have fake testimonial photos on your site?

    • -1

      They are my real clients. Thanks ๐Ÿ™

      • -3

        Unfortunately OP, Google has a service called Lens which proves otherwise

        To be fair to yourself and the OzBargain community, you could be honest and say you are either starting out and wanted to seem legitimate or other reason that is honest. Honesty here will win the day

        • Sir they are my real clients but because of security reason we couldn't use their real face. Thanks…๐Ÿ™ I think you really want to dig out something. Instead if you enjoy what I am offering will be good for u n me. $250/100k. Thanks again

          • @Mr Finance Broker: Can you share what are the better interest rates you've seen recently and which lenders please? For $600k owner-occupied with 30% LVR in Melbourne metro. Don't need offset. Thank you ๐Ÿ™๐Ÿป

  • how to apply?
    so for a loan of $550k how much cashback are we looking at? is it going to be $1500 or $1250?

    • U can contact me at your convenience. I'll apply for you. You will be getting around $1375 for $550k loan from me. Thanks ๐Ÿ™

  • I have used Mr Finance Broker and they have become my family Broker now coz of this broker cashback scheme. They got me best interest rate in market.

      • Mate he is my client from good 2 years. I cant control what and how you think about my client. I am always their to help him anytime in their loans and probably thats why he supported me here. Thanks

    • +1

      They got me best interest rate in market

      Can you share what rate you received and which lender it was please?

  • Do you have any lenders on your panel that can do 85% LVR with No LMI?

    • Outside of the usual professions (medico, accounting, legal etc) you've got uBank and Bluestone who will do 85% LVR no LMI to everybody

      • uBank and Bluestone who will do 85% LVR no LMI to everybody

        only 2, that's it??

        Bluestone rate seems high. 8.05%?? JEez

        • +1

          Yep. Well there are other tier 2 lenders who don't charge LMI but they have other ways of charging it "risk premium" or "lender risk fee" etc. In other words, it's a higher risk loan so unless you can mitigate that risk (i.e. medico etc) then you have to pay a risk premium.

          uBank would be the go to if you can keep in under 85% LVR and you want a good rate

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