What is a Cash Back Mortgage Broker?

Firstly, well done for uncovering this tiny segment of the mortgage broking market. A cash back mortgage broker is a regular home loan broker who gives the trailing commission to their customers each month. Most people have never heard of a cash back mortgage broker, and wouldn't even know it's possible to get cash back mortgage deals from some brokers. Our business, Cash Back Mortgage Broking, is one of very few cash back mortgage brokers in the lending market. Most home loan brokers don't share the monthly trailing commission with their customers, but we do, and it's what makes us different.

What is a Cash Back Mortgage?

A cash back mortgage is a home loan originated by a cash back mortgage broker, like us. Like other home loan brokers we have many lenders on our panel including the 'Big 4' banks, and hundreds of loan deals available. We discuss your needs with you, and present a selection of lenders deals to you that meet your needs for you to select from.

Around six weeks after your loan has settled the lender starts paying 'trailing commission' each month, and for the life of the loan. The trailing commission is usually at least 0.15% of the loan balance, the percentage varies depending on the lender you choose, and as we are a cash back mortgage broker those monthly commission payments are credited to your bank account, less a $10 administration fee.

On a $500,000 home loan balance that's at least $50 per month into your bank account, without you doing a thing.

Cash Back Mortgage Broker Mascot Ted with his Cash Back Home Loan

Want To Find Out More?

Talk to Cash Back Mortgage Broking about how much cash back you could receive each month on your home loan.

Are Cash Back Mortgage Rates Competitive?

Yes they are. You have access to the same lenders, deals and rates as you would with a non cash back mortgage broker. The home loan interest rates we offer are just as competitive as those a non cash back mortgage broker could offer. In fact if you find an offer elsewhere that you prefer bring it to us to match, and with us you get the monthly cash back on top.

The major difference using a cash back mortgage broker is that we refund the trailing commission in full, less a $10 administration fee, directly into your bank account each month. Trailing commission is usually at least 0.15% of the balance of the loan, for the life of the loan. On a $500,000 home loan balance this means you could receive $50 to $120 a month cash back, for doing nothing except choosing to use a cash back mortgage broker.

How Do I Get A Cash Back Home Loan?

The hardest part is finding a cash back mortgage broker because there are so few home loan brokers willing to give the trailing commission to their customers. But good on you, you found us! To get moving on a cash back mortgage approval to buy property, refinance or for something else, just call or contact us and a cash back mortgage broker will be in touch within one day to help you.

Talk To Us Today

1800 532 014

Or send us a message using the form below and a Cash Back Mortgage Broker will respond within one day.

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