Lender Information
Submission Agent
Kevin Dear
Submit Direct With Velocity
No
Portal Login
Kevin.DearLW - Password Tiffany@2018
Portal Website
How to Send Documents
Portal Link: https://merixfinancial.brokerstatus.com/
Rates/Policy:
MERIX Rates: http://www.merixfinancial.com/rates/MERIX_Rates.pdf
Broker Kit: http://www.merixfinancial.com/docs/broker-kit.pdf
Policy Guidelines/Underwriting Matrix: http://www.merixfinancial.com/docs/underwriting-matrix.pdf
Products/Programs:
ARM: http://www.merixfinancial.com/programs/adjustable-rate-mortgage.pdf
Fixed Rate: http://www.merixfinancial.com/programs/fixed-rate.pdf
Business for Self: http://www.merixfinancial.com/programs/business-for-self.pdf
Flex Down: http://www.merixfinancial.com/programs/flexible-down-payment.pdf
Family Plan Program: http://www.merixfinancial.com/programs/family-plan-program.pdf
Rate Plus Mortgage: http://www.merixfinancial.com/programs/rate-plus-mortgage.pdf
New to Canada: http://www.merixfinancial.com/programs/new-to-canada.pdf
Purchase Plus Improvements: http://www.merixfinancial.com/programs/purchase-plus.pdf
Rental Property Program: http://www.merixfinancial.com/programs/rental-property.pdf
Second Homes: http://www.merixfinancial.com/programs/second-homes.pdf
Switch/Transfers: http://www.merixfinancial.com/programs/switch.pdf
Bridge Financing: http://www.merixfinancial.com/programs/bridge-financing.pdf
Compensation Guides & Points Programs:
MERIX: http://www.merixfinancial.com/compensation/MERIX.pdf
Lendwise: http://www.merixfinancial.com/compensation/Lendwise.pdf
XREWARDS: http://www.merixfinancial.com/programs/xrewards.pdf
Rate Holds
Ask Nicole to complete when you speak with her ;)
Niches
YES WE CAN...
Deduct Spousal Support from income (not liabilities) on Insurable Files
Utilize a Rental Worksheet even with only ONE non-subject rental
Transfer based on Contractual Remaining Amortization vs Effective Remaining Amortization
Offer Flex Down and use it in combination with New To Canada
Approve Insured Stated Income purchases with only 5bps premium on the rate
Finance Mobile Homes on own land (built in 1995 or newer, not available in AB)
Accept Various Income - Foster Care, 100% of return to work income for Maternity, and Non-Taxable
Look at Partner Buyout under the Spousal Buyout Program
Accept Gifts of Equity
Offer Bridge Financing and Purchase Plus Improvements
Provide Residual Income through MERIX Trailers