Assuming loan amount is $1,000,000, your cash rewards will be as follows: iApply: 0.05% = $500 *If you have chosen to co-broke during the process, cash rewards will be $500 (co-shared at 50%). iRefer: 0.05% = $500
Yes, there is a cap on the cash rewards. iApply: capped at $3,300 iRefer: capped at $3,300
You will need to submit the full set of bank’s letter of offer that has been signed/accepted by the loan applicant into the IQrate App under “Claim Cash Rewards”.
Yes, you can still claim the cash rewards if you have indicated IQrate (Emily Wee) as the mortgage broker during the home loan application. Otherwise, no cash rewards will be paid. Please refer to the steps in the user guide to claim the cash rewards.
The is to facilitate IQrate to pay your cash rewards correctly.
The cash rewards will be paid to your bank account indicated under your ‘Profile’.
It will usually take between 1 month to 6 months.
Cash rewards may not be paid to you if the loan applicants are bank’s staff, financial advisors and real estate agents. Please check if your case has been “Rework” by IQrate. If IQrate (Emily Wee) is not mentioned and acknowledged as the mortgage broker by the bank Please check that
Cash rewards will be paid to the first user who successfully completed the “Claim Cash Rewards” in IQrate APP.
The timeline to claim the cash rewards is 6 months from the date of the accepted bank’s offer letter. Cash rewards will not be paid afterwards.