Mortgage Architects

Mortgage Architects

March 02, 2011 07:00 ET

Mortgage Architects is Poised for Grow With Expansion Into Franchising

MISSISSAUGA, ONTARIO--(Marketwire - March 2, 2011) - Mortgage Architects, one of North America's most respected mortgage brokerages, is pleased to announce they are expanding their full service broker business model to include franchising in the Canadian marketplace.

"We recognize the market has changed and that some top-performing brokers want to own and run their own businesses while still accessing a myriad of services that will help them efficiently run and grow their volumes," said Bob Ord, President & CEO, Mortgage Architects. "Our goal is to provide franchise owners vision and leadership along with the best and most comprehensive self-serve e-business solutions in the industry."

Mortgage brokers who prefer franchising can now benefit from one of the strongest management teams in the industry. "Franchising really comes down to brand recognition, quality of offering, direction and vision, and the expertise of management to make it happen," said Meini Ickert, Vice President, National Sales. "Mortgage Architects is one of the best service companies in all categories, and received the 2010 CAAMP AMP Corporate Excellence Award, the first national mortgage brokerage to win this recognition. It's time we leveraged this excellence."

MA Franchise will offer brokers the ability to own their own franchise while plugging into the company's intranet and extensive technology-based solutions for marketing, CRM, training, and reporting. MA Franchise Plus will become the only mortgage franchise offering in Canada to provide payroll and paperless compliance services. Franchise owners require their own broker licence and sign a contract for either three years for MA Franchise Plus, or five years for MA Franchise. 

Mortgage Architects Full-Service Broker model, which built the company's reputation and the businesses of its best-in-class brokers, offers a wider breadth of business solutions, including licensure, advanced product support, customized marketing, business planning, team recruiting and training, state-of-the-art technology-based programs for CRM, mortgage planning, and reporting, dedicated regional support, and access to unique product offerings and benefits with a number of key lenders through the company's streaming desk. Brokers in this model sign the current 30-day contract. 

Mortgage Architects will continue with its very selective recruiting practices, including minimum volume targets of $25 million for lead planners and franchises.

myNext Mortgage Company, the brokerage's exclusive lender, will be available to all three business models. "We've got the industry's best-of-the-best brokers; the elite in the industry," said Ord. "Now we look to further strengthen our broker base with those high-producing brokers who prefer the franchise model."

ABOUT MORTGAGE ARCHITECTS

Mortgage Architects is a Canadian and broker-owned national mortgage brokerage focused on delivering mortgage-planning services to Canadians. Lead planners and franchises require a proven track record of high professional standards and $25 million in yearly volume prior to joining the company. The company's planners offer homeowners access to mortgage options from over 50 lenders, including major banks, credit unions, trusts and other national and regional lenders. With this outstanding range of mortgages and lenders, the experienced mortgage planners of Mortgage Architects are helping more Canadians achieve their goals of homeownership and financial security. www.mortgagearchitects.ca.

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