Vanilla Loans arranges the refund of ongoing trailing commissions to you by using a wholesale mortgage broker.

The wholesale mortgage broker is remunerated by lenders and the remuneration is subject to the various agreements between the wholesale mortgage broker and the lenders.  Each such agreement contains its own terms and conditions and is subject to change.

As an example of a typical condition, ongoing trailing commissions relating to your loan will not be paid to the wholesale mortgage broker by the lender if your loan is in arrears.

Vanilla Loans has arranged for the wholesale mortgage broker to refund to you 100% of trailing commission that is received by the wholesale mortgage broker in relation to your loan.

All care has been taken to publish the correct trailing commission percentages that are paid by individual lenders to the wholesale mortgage broker, but Vanilla Loans does not warrant or guarantee that the trailing commission percentages published at this website are correct.

The refund payment to you of ongoing trailing commissions is subject to:

• Approval of your loan application and subsequent drawdown of the loan
• Your loan being made by a lender listed in the lender menu at step 2 of the Vanilla Refund Calculator
• The wholesale mortgage broker receiving the ongoing trailing commission from your lender.