A Mortgage Broker gets paid directly from the bank.

Commissions are calculated as a percentage of the overall loan settled by a lender. There is also an ongoing commission which is calculated as a percentage of the outstading balance from the loan. The client doesn’t pay for the services of a Mortgage Broker. The Bank pays the Mortgage Broker a commission for bringing them business.

Banks pay an upfront commission and a sometimes a trailing commission. Loan Saver Network uses trailing commissions to assist us in maintaining you as a client and to support you in your loan structuring requirements.

Loan Saver Network completes a Needs Analysis to identify the loans and structure to best suit your requirements. We abide by Transparency in Lending so you are confident with the products you choose.