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When brokers try to convince a customer that purchasing a particular investment such as stocks or mutual funds will be profitable because of an upcoming dividend, this is referred to as dividend selling. In reality, the broker is trying to generate commissions through selling a client on a quick and easy.
Mortgage Broker Melbourne has put together a number of resources pages to help you understand various aspects of the mortgage process, products and facilities.
Mortgage brokers are paid upfront and trail commission based on mortgage broker commission rates. Will you ever have to pay when getting a home loan? You should ask the brokerage about this upfront so you’re fully informed. For more information about how our mortgage brokers get paid.