Almost all Mortgage Lab services are at no direct cost to you as our brokers get paid a commission by the banks and other lenders when a mortgage is finalised or refixed.
The exceptions to this:
The commissions paid are below. These commissions are accurate at the time of writing – 21st June 2022
Lender | Upfront | Trail | Refix |
ANZ | 0.85% | N/a | $150 |
BNZ | 0.55% | 0.15% | N/a |
ASB | 0.85% | N/a | $150 |
KiwiBank | 0.55% | 0.15% | N/a |
Westpac | 0.60% | 0.20% | N /a |
Sovereign Home Loans | 0.60% | 0.20% | N/a |
TSB | 0.85% | N/a | N/a |
ASAP Finance Limited | Fee Charged | N/a | N/a |
Avanti Finance | Up to 0.80% | N/a | N/a |
Cressida | Fee Charged | N/a | N/a |
DBR | Fee Charged | N/a | N/a |
First Mortgage Trust | Fee Charged | N/a | N/a |
Heartland Bank (Reverse Mortgage) | 1.50% | N/a | N/a |
Liberty Financial | 0.60% | 0.15% | N/a |
NZCU (Personal Loans) | 1.00% | N/a | N/a |
RESIMAC | 0.60% | 0.15% | N/a |
SBS Bank | 0.80% | N/a | $150 |
Southern Cross | Fee Charged | N/a | N/a |
The Co-operative Bank | 0.70% | N/A | $150 |