Product requires work but is worth it, say brokers
Purchase plus improvement mortgages are becoming more popular among brokers and although they may require a good deal of work, industry professionals share their tips on getting the deal done.
Brokers: Opportunity for lenders to embrace insurers
A competitive advantage is there for the taking for monoline lenders who are willing to work with Canada’s two private mortgage default insurers -- Genworth and Canada Guaranty, according to two brokers.
Brokers on Lenders: Opinions diverge
Two brokers share their take on how monoline lenders are performing ahead of the seventh annual Brokers on Lenders issue. Have your say today by filling out the survey.
Brokers lament lender wait times in wake of low rates
The spring season has seen rates drop to record lows and while the trend has bolstered broker business, it has also caused a back-log of files at a number Canada’s lenders.
CMA Standouts: Nick L’ecuyer
CMA Standouts: Nick L’ecuyer - Our Mortgage Broker of the Year Candidates – along with our Top 75 – stand atop the mortgage brokering world in Canada. Read more for details on how some of them do ‘it’
Poll results: Brokers convert business on heels of increased competition
Opinion among brokers was divided about Investors Group’s recent rate promotion and just how good a deal it was for customers. We wanted cold, hard numbers, though, so we asked our readers how many were able to convert client inquiries into funded deals. Read on for the results.
Beating the banks is worth the fight: Brokers
Tightened lending regulations have made it tougher to fund deals but brokers are best served to put their noses to grindstone and work harder to find the right mortgage for their clients, according to two players.
Brokers must 'outsmart' banks
The key is to “outsmart” the big banks, according to one broker, following one institution’s ad campaign plugging its lowest five-year fixed rate in recent memory.
Verico conference draws a 'full house'
Hundreds of Verico brokers and agents are now wrapping up a three-day conference in Las Vegas, with a roster filled to the brim with professional development but also lender appreciation for the network’s “high rollers.”
Male brokers better at self-promotion?
Leading brokers discuss female representation in the mortgage industry – an increasingly important topic that CMP is set to discuss in its upcoming Women of Influence issue.