At One Link Mortgage, our brokers have access to OVER 50 different lenders and are able to offer options and solutions to every client. Here is a list of FAQ about monoline lenders...

If you have spoken to a Mortgage Advisor, chances are you have heard the term “Monoline Lender”.  A monoline lender, by definition, is a mortgage lender that focuses on just mortgages.  They do not have any other products that can be cross-sold and most monolines securitize their mortgages, instead of keeping them on their balance sheet.  Monolines are secure, follow the same rules as all Canadian Banks and they deal exclusively with Mortgage Advisors on their clients’ behalf...

Perhaps you have heard the scuttlebutt surrounding a major lender’s newly launched “Rate Match” campaign.  Launched earlier this month, this lender is promising to match the mortgage rates of 10 Canadian financial institutions.  Sounds great, right? 

Here is a question... Why are YOU, the client, responsible for doing all of the work in order to find a better rate?  Another question would be if you are going to do the work yourself, why would you stay with this lender if you could get a better rate elsewhere?