Why is it to your advantage to do business with MortgageBrokers.com Inc.?

What makes MortgageBrokers.com unique is its business model and technology platform. MortgageBrokers.com strategy is to consolidate small and medium enterprise (SME) mortgage brokerages. There are currently over 50,000 small and medium sized mortgage brokerages in the North American market representing 30 to 35% of the $3.8 Trillion in annual mortgage origination that takes place. The SME mortgage brokerages have traditionally built their business around a 'bricks and mortar' strategy, which has limited their growth. Under one corporate banner, there is an opportunity to combine their local community presence with a national brand. Under this structure, we provide the consolidation of costs, allow for increased productivity and the opportunity for brokers to build a career exit strategy.

The MortgageBrokers.com solution will be powered by our proprietary platform called eXimius™. eXimius™ will help to funnel sales opportunities to our central fulfillment centre as well as improve the processing efficiencies for our customers and sales channels. Networking our sales channels to eXimius™ will allow for a seamless transfer of leads, knowledge, reporting and training, building organizational value and a high quality mortgage origination pipeline.

Credit Trivia

When you apply through a mortgage broker your credit file is accessed once, regardless of how many lenders are identified as suitable mortgage providers. When you approach one or more lenders individually your credit file is pulled by each institution you contact. This credit-file access activity is recorded in your credit file history, with each lender then able to approximate how many other lenders you might have approached. Creating excess activity in your credit file can look suspicious at a time when you do not want to create the perception that you might just be a credit shopper, or worse, lead to unasked questions as to why you might have been unsuccessful in approaching other lenders. Negative credit-inferences can be very prejudicial to you being able to negotiate the lowest rate to which you should be entitled. Using a mortgage broker helps to protect your credit reputation.