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Do a Health Check on Your Mortgages Every Six Months?
Mortgage brokers are remunerated from the bank or lender. So there's no out-of-pocket cost for you to use a mortgage broker. But they will have clawbacks and it can be up to two years. If that mortgage is cashed out, refinance, closed, all that stuff within maybe 18 months to two years, they will call a clawback. And you just need to check with your broker the fine print around that.
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