MERIX Financial

MERIX Financial offers distinct industry-leading options. Since their founding in 2005, MERIX Financial has provided residential mortgages to over 200,000 Canadians from coast to coast.

MERIX Financial provides competitive mortgage rates and flexible financing options and has a rental program to meet the diverse needs of borrowers seeking tailored mortgage solutions.

Special Features:

MERIX Financial offers a rental program designed to help clients looking to invest in rental properties. With flexible qualification criteria and competitive rates, it provides a great opportunity for both first-time and seasoned investors. While this program has its advantages, it's essential to carefully consider all aspects before proceeding. By understanding both the strengths and limitations of this offering, clients can make informed decisions that suit their financial goals.

Downsides:

When considering this lender, it's important to note a couple of downsides. They do not offer traditional banking services, which means you won't have access to features like checking or savings accounts. Additionally, there are no physical branches, so all transactions and communications will be handled online or over the phone. While this can be convenient for some, it may not suit everyone’s preferences for in-person support. Being aware of these factors can help you make an informed decision that fits your needs.

Best Suited For:

Explore More:

List of Mortgage Lenders