Information for Borrowers:
Why is my application being co-brokered? Your mortgage broker has suggested co-brokering to you in an effort to provide you with the best possible service and to obtain the most cost effective solution to your financing needs. We are very experienced in working with other brokers and always respect existing relationships and the effort that your broker has put into your application. Our team has specialized experience in some niche lending areas which through our partnership often allows us to deliver a superior result. We co-broker a lot! Approximately 25% of our total business volume is co-brokered to us. We have processes and procedures established to help ensure your mortgage is processed as smoothly as possible from application to funding, while always keeping you and your broker up to date. This will include an engagement letter / client services agreement, direct communication with you for required documentation and in cases where a lender does not compensate us, a mortgage brokerage fee for our services. The whole process is very transparent, and rest assured, all revenue is shared with your broker.
Information for Brokers:
Our mortgage team does things a little differently. We have established relationships with many non-traditional lending partners, as well as specialized expertise in some normally very challenging financing circumstances. We regularly work with mortgage brokers all across Canada providing unique and cost effective financing solutions for your clients who may not fit the underwriting guidelines of the majority of lenders. We particularly specialize in high net worth and self-employed individuals, residential construction (both owner occupied and spec development), commercial transactions, non-residents of Canada, corporate borrowers (both holding companies and operating companies), and large acreage properties. We regularly are able to provide an "A" rate solution to a client who was otherwise faced with "B" products or even private financing options.
Save your client money. Save yourself time.
Our co-brokerage program is offered on a commission or fee split basis.