Who we Are?
Lending Circle is an Independent Mortgage Company in Canada. We are growing the brokering side of the business and are bringing on mortgage agents looking to work with direct consumers. Lending Circle has an established lending side of the business. We have been providing funding to external brokers & Agents looking to source private capital for their borrowers. Lending Circle is an accredited lender by Equifax. We are registered as a lender on Filogix, Lenddesk, Doorr & other platforms under Private Lenders for deal submissions.
We do not operate in similar fashion as typical Franchise models. We want to bring on agents who want to work independently without corporate interference, without monthly targets or daily/weekly meetings. We have transitioned to a complete virtual operations as of mid 2020 to keep our team and clients safe. We have invested in technology that provides our agents the ability to work remotely from point of contact with a client to closing the deal. No More manual Data entry. Our systems are fully integrated with softwares required in the mortgage industry. Working from home or independently isn’t for everyone. However, If you are self-driven and can hold yourself accountable to your personal goals then working independently can be extremely awarding.
Training: We do not believe in same training plan for everyone. Our training plans are customized based on each agent and their goals. Our training is conducted on one on one basis and is heavily dependent upon the business model and clientelle agents wish to target.
Compensation: Lending Circle offers the most competitive progression on compensation plans in the industry. Being Independent without any Franchise umbrella allows us more freedom to progress agent splits in a much faster & efficient manner. Our plans guarantee that all new agents will reach same compensation as experienced agents in a very short time period.
What We Offer…
- One on One Training
- LEADS – To help you get started
- Access to Prime & Sub-Prime Lenders
- Access to Unlimited Private Capital
- In-House Mortgage Investment Services
- Underwriting Help on all deals
- Personalized Online Application
- Secure Online Portal to gather documentation from clients
- Software for Automated Digital Marketing (Drip Campaigns)
- Training on Google & Facebook Advertising
- Cutting Edge CRM (Integrations with Filogix & Deal boards)
- Ability to obtain NOAs/T4 documents directly from CRA
- Must hold the Mortgage Agent or Broker License with FSRA
- Must have 2 years of Sales or Mortgage Industry Experience
Experienced Mortgage Brokers: We now offer flat fee model for experienced mortgage brokers who have their own established book of business & a team of agents. This model is ideal for someone who doesn’t want to handle their own compliance, errors & omissions cost, payroll, brokerage infrastructure etc. Please get in touch with us to discuss further.