As a new Mortgage Agent, there is a lot of information to take in, including processes and regulations. Learning how to conduct a thorough client interview and submit an application in good order is...
Brokers
Three Tips for Packaging Your Deals
Are you doing all that you can to package your deal for success? Making your deal ‘lender-friendly’ is the easiest and quickest way to get approval. Here’s three tips for packaging your deals, and...
Talking to Your Client About Damaged Credit
Buying a home can feel like a scary process for some. In all the hustle and bustle of the housing market, brokers need to remember to take a step back and empathize with their clients. This means...
Staying Top of Mind with Clients
An agent or broker like yourself is the bridge between clients and lenders. That is both a rewarding and time-consuming position to be in whether you're using your customer service skills or...
Case Study: No Doc, 80% LTV
Client Story James owns a small construction business in Hamilton and is primarily paid in cash. He saved a 20% down payment for a new home. However because he accepts cash, most of his income is...
Simple Lending Solutions for Unprecedented Times
This is a fictionalized case study intended to illustrate how Magenta provides solutions for borrowers in similar scenarios. All identifying details have been changed to protect the privacy of our...
4 Tips for Mortgage Brokers to Effectively Package Deals
You create solutions for your clients by addressing their unique circumstances. The process of packaging the deal is ultimately communicating your client's story and the proposed solution to the...
3 Tips for Planning an Exit Strategy for Your Borrowers
For your clients who need a quick-fix mortgage, putting together an exit strategy is a must! Here are three tips for planning an exit strategy that will help you transition your borrowers: 1. Begin...
Follow up Fills the Sales Funnel
The alternative mortgage space is fast paced and exciting. Deals that come across your desk typically come with short turnaround times. When you factor in that many of the alternative deals are...








