Non-major extends broker bonus campaign

A non-major lender has announced it's extending its bonus commission scheme for brokers following popular demand

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ME Bank has extended its broker bonus commission campaign by a month to the end of December 2013. 

The campaign will calculate bonus commissions on home loan settlements greater than $1 million that are accumulated during the four-month period from September 1, 2013, to December 31, 2013.

All accredited brokers are eligible, regardless of the number of home loans they currently put with ME Bank.

Stewart Saunders, ME Bank’s national manager brokers, says the campaign has been extended due to a high response rate from brokers and favourable feedback.

“We want to maximise the benefits brokers will receive by considering ME Bank home loans when servicing their client’s needs,” he says.

Total value of settlements

Upfront bonus commission (on top of current commission)

$1,000,000-$1,999,999.99

0.10%

$2,000,000-$2,999,999.00

0.20%

$3,000,000 +

0.30%

 

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