How We Make Money

Broker Referral Fees

When you use RooLoans and request to speak with a mortgage broker, we earn a referral fee from that broker. The fee is typically $400–$800 per qualified lead — a "qualified lead" is a user who has verified their phone number and expressed intent to get a construction loan.

This fee is paid by the broker, not by you. It does not affect the rate or terms you receive.

What We Don't Do

• ❌ We don't accept payment from lenders to include them in comparisons
• ❌ We don't accept payment from lenders to rank them higher
• ❌ We don't have "featured placement" deals with specific banks
• ❌ We don't sell your phone number to multiple brokers simultaneously

Lender Data Independence

Our lender comparison data comes from Consumer Data Right (Open Banking) APIs — a government-mandated system that requires all banks to publish product data publicly. This means:

• Any bank with a CDR API is included — we can't be paid to exclude a competitor
• Rates are the bank's published product rates — not inflated or adjusted
• We show lenders with the lowest rates prominently — not those who pay us