Find out how the nation's top lenders are faring in the eyes of mortgage brokers across Canada
Even during calm economic times, the relationship between mortgage brokers and lenders is one of the most critical parts of a flourishing mortgage industry – and it’s doubly important in a turbulent market.
For lenders, productive partnerships with brokers are integral to business growth. But how do brokers across Canada view the country’s leading lenders this year? We have the answers through our Brokers on Lenders report, available to view now.
Our annual report sees brokers give their verdict on the service provided by lenders across multiple categories, ranking lenders on performance in areas including broker support, commission transparency, turnaround time, and overall service levels.
CMP categorized lenders into three distinct groups this year – Alternative, Prime, and Private/MIC – to provide a more nuanced view of lender performance within specific market segments.
We also asked brokers to weigh in on important aspects of the broker-lender relationship including how commissions and bonuses might change and why they choose to send deals to banks rather than monoline lenders.
Our report also shines a light on key trends in the industry, including encouraging news for lenders: brokers are increasingly satisfied with top lenders in Canada, with nine out of 10 categories improving over last year.
Find out how Canada’s top lenders, including winners Haventree Bank and Three Point Capital, performed in the eyes of brokers by checking out the Brokers on Lenders report for free here.
