The Barefoot Investor endorses Cashback Mortgage Broking Model

The Barefoot Investor endorses Cashback Mortgage Broking Model

In his book The Barefoot Investor, The Only Money Guide You’ll Ever Need Updated 2019, best selling author Scott Pape endorses the cashback mortgage broking model used by a select number of mortgage brokers in Australia.

Scott says he used a cashback broker when he bought his farm and put the monthly rebate he received from the broker towards paying off his home loan.

Generally, brokers receive both an upfront commission and trailing commission, both paid by the lending organisation i.e. bank.

Most brokers keep both these commissions.

But under the cashback model, the broker refunds the trailing commission back to their clients, helping them to pay off their home loan sooner.

iShare Cashback Mortgage Brokers refund all trailing commissions back to their clients every month, at no cost to you.

Call iShare today on 0422126430 and speak to our experienced brokers to help you find the best deal for your home loan.

Or visit our website https://isharebrokers.com.au for more information on our broking services.

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How can iShare afford to refund trail commissions to clients each month?

All brokers receive trail commissions each month from the lender that they placed your loan with. Most mortgage brokers keep these commissions, but here at iShare we rebate them back to our customers as a gesture of goodwill.

How does it all work?
Say you have a balance on your home loan of $500K, the trail commissions paid to us would amount to approx. $675 per year or $56.25 per month. (The calculation depends upon the balance of your home loan at the end of each month)

iShare will deposit these commissions directly into your bank account each month totally free of charge, there is no extra cost to you for this service. By depositing these amounts into either your home loan account or offset account each month, you will be reducing your loan interest and effectively paying down your home loan sooner.

So call us today on 0422126430 for a chat on how we can set this up for you. Or, if you like, visit our website www.isharebrokers.com.au to see a full list of all our services.

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iShare Cashback Mortgage Brokers continue to refund trail commissions to their clients each month

We receive a trail commission every month from our lenders and we are happy to give this back to our clients for supporting our business. We can deposit this commission directly into your home loan or offset account, or any other bank account of your choice. You can use this money to pay off your home loan sooner if you wish.

Call the friendly, helpful team at iShare today to find out more or visit our website www.isharebrokers.com.au to find our more about our services.

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What is a Deposit Bond?

This short video explains what a deposit bond is and how it may it may be useful for your situation.

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It’s Time for a Health Check!!

If your lender hasn’t passed on the latest interest rate cuts it may be time for a health check on your home loan. Call your home loan expert at iShare today for a health check to see whether it is worthwhile switching your home loan.

Call iShare today on 0422126430.

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The Barefoot Investor endorses Cashback Mortgage Broking Model

In his book The Barefoot Investor, The Only Money Guide You’ll Ever Need Updated 2019, best selling author Scott Pape endorses the cashback mortgage broking model used by a select number of mortgage brokers in Australia.

Scott says he used a cashback broker when he bought his farm and put the monthly rebate he received from the broker towards paying off his home loan.

Generally, brokers receive both an upfront commission and trailing commission, both paid by the lending organisation i.e. bank.

Most brokers keep both these commissions.

But under the cashback model, the broker refunds the trailing commission back to their clients, helping them to pay off their home loan sooner.

iShare Cashback Mortgage Brokers refund all trailing commissions back to their clients every month, at no cost to you.

Call iShare today on 0422126430 and speak to our experienced brokers to help you find the best deal for your home loan.

Or visit our website https://isharebrokers.com.au for more information on our broking service.

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Earn up to $250 cash for Referrals

Our business is built through word of mouth recommendations for doing a great job. You could earn a gift voucher or cash up to $250 for recommending our services to your family, friends or even work colleagues. Call 0422126430 and speak to one of our friendly team to find out more.

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The Barefoot Investor endorses Cashback Mortgage Broking Model

In his book The Barefoot Investor, The Only Money Guide You’ll Ever Need Updated 2019, best selling author Scott Pape endorses the cashback mortgage broking model (page 206 in the book) used by a select number of mortgage brokers in Australia. Generally, brokers receive both an upfront commission and trailing commission, both paid by the lending organisation i.e. bank.

Most brokers keep both these commissions.

But under the cashback model, the broker refunds the trailing commission back to their clients, helping them to pay off their home loan sooner.

iShare Cashback Mortgage Brokers refund all trailing commissions back to their clients every month, at no cost to you.

Call iShare today on 0422126430 and speak to our experienced brokers to help you find the best deal for your home loan.

Or visit our website https://isharebrokers.com.au/for more information on our broking service.

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