We share our commission back with you
When your home loan settles, the lender pays Jokuda a commission. Rather than keep it all, we share part of that back with you — paid in two equal instalments over your first year.
How it works
Next business day
Paid the next business day after the lender pays Jokuda the settlement commission
First anniversary
Paid on the first anniversary of your loan settlement date
A short agreement first
Before we pay any rebate, Jokuda will email you a Broker Rebate Agreement to sign. It records the rebate amount for your specific deal and the conditions explained on this page (including the repayment terms below). The agreement protects both sides: you know exactly what you're entitled to, and we have a record of the arrangement.
Once you've signed, you'll be able to track your rebate in your Jokuda account — including the agreed amount and how much has been paid so far.
Illustrative example
Loan amount: $1,000,000 net of offset balance · settles 1 June 2026
Loan settles 1 June 2026. Lenders typically pay broker commission two to four weeks after settlement — so Jokuda might receive its commission around mid-to-late June 2026.
First instalment is deposited the next business day after Jokuda receives that commission — not the day after settlement.
Second instalment is deposited on 1 June 2027 — the first anniversary of your settlement date.
After 1 June 2028 (24 months from settlement), both instalments are permanently yours — no further conditions apply.
Rebate amounts vary. The actual commission Jokuda receives — and therefore the amount we share back — differs for each lender and each deal. Loan size, lender policy, and product type all affect the final figure.
Referred deals are not eligible. Loans introduced to Jokuda by a third-party referrer — such as an accountant, solicitor, financial planner, or real-estate agent — do not qualify for the broker rebate, as a referral fee is already paid to that party.
Repayment conditions
Lenders pay Jokuda's commission on the condition that your loan stays in place. If the lender reclaims that commission from us, we need to recover the portion we've already shared with you. The conditions below mirror exactly what the lender requires of us — there is nothing extra on our side.
Instalment 1 — repayable if you leave within 12 months
If you default on your loan or refinance away from the lender within the first 12 months of settlement, the first instalment becomes repayable to Jokuda.
Instalment 2 — repayable if you leave within 24 months
If you default on your loan or refinance away from the lender within the first 24 months of settlement, the second instalment becomes repayable to Jokuda.
After 24 months, it's all yours
Once 24 months have passed from your settlement date, both instalments are yours to keep — no strings attached. The rebate is our way of saying thank you for trusting Jokuda with one of the most important financial decisions you'll make.
Want to know what your rebate would be?
Tell us about your loan and we'll work out the numbers for your situation. No credit check to start, no obligation.