www.rebatehomeloans.com.au

Upfront and trail commissions are being paid on your home loans also.

Below is an extract from the website www.rebatehomeloans.com.au

Your mortgage is highly sought after by lenders...so highly that generous commissions are paid by the banks to mortgage origination (mortgage broking) firms who bring business to them.
Almost all lenders in Australia pay two types of broker commissions on a mortgage. These are commonly known in the industry as ‘up front’ and ‘trail’ commissions.

The ‘up front’ commission is paid to the broker soon after the loan has settled and is based on a percentage of the total amount borrowed. Most lenders pay between 0.6% and 0.7% in up front commission.
e.g. A $250,000 loan amount will usually generate up front commission of at least $1,500.

The ‘trail’ commission is most commonly paid monthly after settlement of the loan and is based on a percentage of the outstanding balance of the loan during the previous month. Most lenders pay between 0.2% and 0.25% in trail commission per annum. 
e.g. A $250,000 loan amount will usually generate trail commission of approx $500 in the first year (approx $41 per month). Trail commission is generally paid for the life of the loan and the amount paid each month will decrease as the client gradually (in normal circumstances) reduces the balance of the loan by repaying the principal.