MONTRÉAL/TORONTO/CALGARY/VANCOUVER, Oct. 3, 2016 /CNW/ - Canada's fastest growing mortgage originator, Group Multi-Prêts Mortgage Alliance today announced that it has acquired all the shares of Invis Inc. and affiliated company Mortgage Intelligence, one of the most respected national mortgage brokerage companies serving customers across the country.
The Invis Inc. and affiliated company Mortgage Intelligence acquisition gives Group Multi-Prêts Mortgage Alliance the largest most experienced full-service brokerage network in Canada, and provides a powerful platform for premium long-term growth. Founded in 1989, Invis Inc. and affiliated Mortgage Intelligence has brokers in every province, with a strong footprint in Ontario and Western Canada.
"The addition is a great fit for us as it affirms this company's deep commitment to the success of our brokers, and the value they provide homebuyers," said Luc Bernard, President and CEO, Group Multi-Prêts Mortgage Alliance. "To us that means delivering more than a transactional experience, but rather an experience that gets to the heart of what customers want when it comes to home financing – choice, convenience, confidence, and transparency. We believe in the tremendous opportunity that exists for us and our brokers in today's thriving ecosystem, and this agreement not only continues our solid game plan to transform the mortgage lending landscape, but tackle it from a position of strength."
"We're very excited to join forces with an organization we feel aligns to the values and vision for having the strongest broker network in the mortgage space today," said Cameron Strong, CEO, Invis Mortgage Intelligence. "The combination will be formidable. Together our brokers will be able to harness innovative proprietary technologies, a broader suite of mortgage and insurance products, and have the buying power to provide our customers the best possible mortgage for making their homeownership dreams a reality."
Fast Facts on the Acquisition:
- Strengthens the company's network to over 3,000 full-service brokers (#1 brokerage in the country)
- Boosts overall loan volumes to an unprecedented $22 billion annually
- Completes the first phase of the organization's ambitious business plan designed to set the company up for long-term success
Group Multi-Prêts Mortgage Alliance looks forward to welcoming Cameron, his senior management, and all of the Invis Mortgage Intelligence brokers and employees to the team.
About Group Multi-Prêts Mortgage Alliance
A leading mortgage brokerage in Canada with more than 2,000 brokers and $13 billion in annual mortgage production, Group Multi-Prêts Mortgage Alliance has a single goal: to offer the best advice, service, choice and convenience to the over 50,000 valued clients they serve annually across Canada.
About Invis Mortgage Intelligence
Invis, along with affiliated company Mortgage Intelligence, is one of the largest and most respected national mortgage brokerages in Canada, with Mortgage Consultants across the country, in every province, with representation in small and large cities; urban and rural areas.
SOURCE Group Multi-Prêts Mortgage Alliance
For further information: Chris De Vito, Group Multi-Prêts Mortgage Alliance, 514-928-8246, [email protected]