Network: Mortgage Intelligence
Location: Brampton, ON
Focused on profitability versus volume, along with training and broker coaching that includes life planning, Key Mortgage Partners offers many unique advantages to its brokers. With a system that favours brokers taking on less volume if it means they take home more profit, the brokerage focuses on finding a balance between improving each broker’s net earnings, personal satisfaction and client service.
Training is very important at Key Mortgage Partners. The brokerage holds sessions every Wednesday focused on the “four pillars of life planning: career, family, health and personal finances.” It also offers coaching on building personal wealth through investments in MICs or real estate. During COVID-19, to keep up morale and learning, principal broker Don Stoddart held ‘sunshine calls,’ which featured industry leaders from his team, as well as brokers from other firms.
Overall, the Key Mortgage Partners team has a funding ratio of more than 85% (commitment to fund), and average volume per broker is around $18 million.