This Commissions Guide article relates to LaTrobe Financial loans.
Connective will maintain this guide to the best of its ability but cannot guarantee that the information within is complete, and/or in line with the latest guidance and policies of the lender. If you believe anything is missing or inaccurate, please contact us.
Contents:
Commission Rates
Upfront Commission
| ex GST | inc GST |
Lite Doc Facilities | 0.5% | 0.55% |
For P2C Loan product where Latrobe has the 1st Mortgage for both loans | 0.5% | 0.55% |
Where the loan is a 2nd Mortgage behind Latrobe | nil | nil |
Where the 2nd Mortgage is behind another lender | nil | nil |
Trail Commission
You can add trailer to a maximum of 0.40% p.a.
Trail payments will be suspended if a loan facility falls into arrears.
For P2C loan product, trail is paid where Latrobe has the 1st mortgage, or where the loan is a 2nd mortgage behind Latrobe and where the 2nd mortgage is behind another lender.
Clawbacks
No clawback policies apply.