Q&A with Westboro’s Derek Serra

Houses for sale in Ottawa

CMP: How has it been working in the private lending space?

Derek: I have spent a lot of time in Ottawa throughout my career – it was an honour having been selected as the president of a preeminent private lender that is well known and trusted in the Eastern Ontario market. Our goal is to lean into the strong relationships that we have built while growing the footprint and brand across Ontario.

I am grateful for the tremendous support of our existing brokers and all the new brokers who form Westboro Broker Nation.  In a relatively short period, we have experienced incredible growth in our portfolio and maintained competitive returns for our investors. As the market continues to shift there becomes a growing need for client-centric, transparent, and private mortgage solutions to help customers. It is powerful that Westboro is able to offer a full suite of solutions.

CMP: We see you have launched a Private Members Club (PMC). Can you tell us what it is?

Derek: Private Members Club is about partnership! We have implemented this within Westboro to prioritize our attention and enhance the broker experience for our top partners. PMC is a tiered membership club that offers a variety of benefits for brokers including rushes, quick closes, pricing, even faster turnaround times and access to senior escalation points including direct access to me.

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