Financial Institutions who deal with Mortgage Brokers have many products available through this channel including Home and Investment Loans, Commercial Loans, Personal Loans, Credit Cards, Transaction accounts and Insurances. The majority of these pay some form of up-front commission, ongoing trail commissions, flat fees or a combination of these. Each have their own rules regarding payment and it can be difficult to remember them all.

BrokerSource will provide the following benefits when managing Lenders:

• Maintain a contact list for each Financial Institution and all of their departments.
  
  
• Maintain a list of products that you are accredited to provide to the market and the commission structure attached to each.
  
  
• Monitor the number and volume of products sold from each provider to enhance your relationships allowing you to negotiate with them based on your level of sales.