Year-to-date originations grew by 21 per cent, according to the mortgage bank. It has attributed the growth to both direct consumer business and growth through referral partners, including banks and mortgage brokers.
As part of its growth strategy, HomEquity Bank is launching its Mortgage Broker Direct service in September offering an official designation for approved brokers.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Richmond, Clearwater Bay, Wards Brook, Armstrong Lake, Stratton
HomEquity Bank, the reverse mortgage bank for over 55’s, has recorded a record high for reverse mortgage originations: $41 million in July.