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Old 12-02-2016, 07:50 AM   #1
Mortgage Made Easy
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Join Date: Sep 2014
Location: Calgary, AB
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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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Tim Lacroix | 403-648-1541
Mortgage. Made Easy Experts
Kardia Mortgage Inc
www.TimLacroix.com

If you have any questions please feel free to PM me or email calgarypuck@kardiamortgage.com

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