Kelowna Consumers to Benefit from New Meridian Mortgage Franchise Alliance

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Meridian Financial Services Ltd. announces the continued expansion of its mortgage brokerage franchises with award winning Coldwell Banker Horizon Realty in Kelowna, BC.

Meridian Financial Services Ltd. announces the continued expansion of its mortgage brokerage franchises with award winning Coldwell Banker Horizon Realty in Kelowna, BC. This new franchise, Meridian Homeline Mortgage further strengthens Meridians’ position to 17 franchises within British Columbia and Alberta.

“It was a logical step to offer our salespeople the best mortgage services available” says Gary August, a principal of Coldwell Banker Horizon Realty. “After much research, we identified Meridian Financial Services as the group we wanted to join.”

Coldwell Banker Horizon Realty opened in 1990 as the first Coldwell Banker in Western Canada. Since opening, it has earned accolades as the number one individual office in Canada multiple times. Currently the group provides real estate, property and strata management, and commercial services as well as the newly added professional mortgage services under the name of Meridian Homeline Mortgage.

For 100 years, the Coldwell Banker® organization has been a premier provider of full-service real estate. Coldwell Banker Real Estate Corporation, a subsidiary of Cendant Corporation (NYSE: CD), has more than 3,700 independently owned and operated residential and commercial real estate offices with over 120,000 Sales Associates globally.

“The strength of our future lies within the people and companies we partner with” says Matt Kirby, Vice President of Franchise Operations. “We are truly fortunate to be able to work with a group of people that share an unwavering dedication to professionalism and service such as the team at Coldwell Banker Horizon Realty.”

Meridian Financial Services has been specializing in the development of the mortgage brokerage industry since the first location opened in Coquitlam in 1995. Controlled growth has seen franchise offices open throughout British Columbia and Alberta, specifically associated with independently owned real estate, financial planning and general insurance offices.

Meridian franchises obtain mortgages on behalf of borrowers through the major lenders in Canada. Meridian currently has over 50 lenders on their system, including BNS, BMO, CIBC Firstline, TDCT, HSBC, ING Direct and most major credit unions in Canada. Due to having one of the largest collective volumes in Western Canada, Meridian guarantees the lowest mortgage rate to its clients at no cost to the borrower. Meridian currently has independently owned and operated franchise locations in Burnaby, Campbell River, Coquitlam, Courtenay, Edmonton, Invermere, Kamloops, Kelowna, Nanaimo, Parksville, Penticton, Port Moody, Prince George, South Delta, Surrey, Vancouver, and West Vancouver.

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