HomeMortgageBMO ramping up its broker channel division with new network partnerships

BMO ramping up its broker channel division with new network partnerships

Since its official launch in late January in Ontario and Atlantic Canada, BMO’s BrokerEdge division has been making waves and slowly growing its presence in Canada’s mortgage broker channel.

The bank kicked off its return to the broker channel—following a 16-year hiatus—in a “small and very deliberate” way, Justin Scully, Head of BMO BrokerEdge, told CMT in a recent interview.

Paula Oliveira, BMO's Regional Vice President, Ontario and Atlantic Canada
Paula Oliveira, BMO’s Regional Vice President, Ontario and Atlantic Canada

That involved working with a small group of brokers from DLC (Dominion Lending Centres) and M3 Group during its soft launch in January before expanding to a select group of brokers from TMG the Mortgage Group in early March.

“We have been in a controlled state with a very small group of select brokers to ensure that all the functionality is working as intended and that we can…

Read more at www.canadianmortgagetrends.com

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