For example purposes, in the case of a home loan:
UPFRONT COMMISION: A one-off payment called an upfront commission is usually between 0.65% to 0.7% of the loan amount (+gst) and is paid to the broker after loan settlement. We research, prepare and submit your application, negotiate on your behalf and work with the lender to get your loan approved and settled.
TRAIL COMMISSION: A ‘trail’ or ongoing commission is usually 0.15% p.a., based on the balance of your loan. We’ll be in regular contact with you to check in on your situation and any updated goals to make sure your loan continues to work hard for you. The trail payment will continue until you pay off your loan or your loan is changed. It will also cease if your loan ever enters into default or arrears.
Yes, most definitely. Our clients are located all over Australia. While our head office is in Brisbane we also have brokers as far north as Cairns. We can work with you over the phone, via text, email, video conferencing, as well as face-to-face so it doesn't matter where you are, we can help you find a better finance deal for your home or your business.
We can work with you over the phone, via text, email, video conferencing, as well as face-to-face and we generally use a combination of all methods to facilitate varying stages of the application process and meet our strict compliance requirements. We'll make the process as convenient as possible and work in a way that suits your lifestyle. Consultation times are flexible, during the day or after hours. We can also meet you at home or your workplace, at one of our offices or at the local café.
Your Green Team Broker will work with you to confirm and easily collate all the required documents. Following is a general list of documentation you may need:
You may also need: