By: Staff Reporter
In a bid to ramp up its competitive position within the industry, mortgage manager Iden Loan Services announced it will offer brokers who settle loans that were submitted during the months of May and June a special remuneration structure.
The mortgage manager will pay brokers who sell a product from the company’s selected suite of fully featured loans, 0.8 per cent upfront and 0.15 per cent trailing commission.
Barrie Gaubert, director of Iden Group said he hoped the special offer would entice brokers that are currently looking for a better remuneration structure and greater flexibility in sourcing suitable loans.
“Having been around for almost 10 years, we have always believed that our brokers deserve fairer remuneration for the efforts they put in and we have always strived towards providing them just that,” Mr Gaubert said.
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