Central Underwriting
Argentum recognizes the industry is very fluid and is changing rapidly. These changes have stemmed from challenges shared by Lenders and Mortgage Brokerages. Lenders and Brokerages are ever more focused on key performance drivers to cultivate and manage the relationships between them with the ultimate goal of providing exceptional product selection and service to the borrower (s). It is incumbent on the Mortgage Brokerage to meet and respect the expectations of its Lenders to satisfy key areas such as efficiency ratios and volume commitments in the spirit of true partnership.
These changes impact mortgage agents and brokers in Canada by reducing access to certain Lenders and inevitably reduces choice for the borrower (s). Argentum is proud of it`s relationship with its Lenders and has strengthened those relationships while satisfying the needs of its mortgage agents and mortgage brokers through the creation of its Central Underwriting Unit (CUU).
The Central Underwriting Unit grants Argentum agents access to the Lenders they may not have had otherwise. This enhances the agents ability to offer incredible choice and pricing for the borrower (s) while preserving the integrity of the transaction by virtue of maintaining efficiency ratios and volume commitments for the Lenders.
The CUU Underwriters are friendly and knowledgeable and are empowering agents to be extremely competitive. The CUU is not mandatory for Argentum agents, brokers or Partners. It is offered merely as a service to be used by them when they so choose.