Lender History:
Merix Financial, a Canadian mortgage lender, was founded in 2005. Its mission has always been to offer flexible, innovative mortgage solutions to Canadians through partnerships with mortgage brokers. Merix is part of the Paradigm Quest Inc. group, one of Canada's largest mortgage underwriting and servicing companies - which was acquired by MCAP in 2021.
Lender Key Strength
Merix Financial offers specialized mortgage solutions, including their New to Canada program for newcomers without extensive credit history, a Divorce/Spousal Buyout option for smooth property transfers during separation, and competitive insured/insurable mortgage rates. These strengths make Merix a flexible, inclusive lender for diverse client needs.
Merix also offers programs for:
First-Time Home Buyers: Flexible options to make homeownership more accessible.
Business Owners: Tailored solutions for self-employed individuals.
Rental Properties: Financing options for real estate investors.
Factors to consider:
Usually not as competitive on the rates.
Parent company’s acquisition may mean some growing pains (two different phone numbers/emails based on when you funded your mortgage), however will get smoother with time.
Contact Information and Links for Merix Financial:
Head Office Location:
400-200 King Street West, Toronto, ON M5H 3T4, CanadaContact Information:
Phone: 1-833-631-0091
Email: service@merixfinancial.com
