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Old 12-02-2016, 06:52 AM
Mortgage Made Easy Mortgage Made Easy is offline
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Join Date: Nov 2014
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Default National Bank Exits Broker Chanel

National Bank announced Dec 1 it will be closing their internal broker channel effective December 9th.

Announcement

National Bank has outsourced their origination to MERIX Financial to leverage their solid industry reputation in the mortgage broker channel as well as all underwriting and servicing.

MERIX Financial is one of the top 10 Mortgage Lending Institutions in Canada.

More info to follow... it is too early too tell whether or not some of their products will be offered through MERIX or not. It will take the next 6-12 months to see how these changes and the mortgage rule changes play out.
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Thanks,
Tim
403-648-1541
Mortgage. Made Easy Experts
Kardia Mortgage Inc
www.timlacroix.com
aoforum@cgymortgage.com

Click here to View current Mortgage Rates

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