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The non-major banks have been scoring goals over the past year with their speed, strong relationships, and broad offerings delighting brokers and their customers. We review how the non-majors have been breaking into the major leagues.
As the economic environment changes and rates continue to rise, there’s been a massive amount of competition in market for refinancing borrowers. Whether it’s cashback offers, discounts, or speedier turnarounds, lenders have been coming out strongly to gain the advantage with brokers and their clients. But there’s been one clear winner when it comes to broker favour: non-major banks.
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