In most scenarios, we don’t charge our clients brokerage fees as we are paid commissions by your lender upon successful loan settlements. However, we may sometimes charge fees such as commitment and brokerage fees for certain scenarios (bridging finance/complex scenarios). If a fee is payable, your broker should provide you with a credit quote upfront before engagement of service.

Most lenders will clawback the commissions paid to your broker if your loan’s discharged within the first 12-24 months after settlement. Legally, brokers are no longer allowed to pass on the clawback expenses to their clients and charge them a clawback fee.