BANK REFERRAL PROGRAM
The Bank Referral Program at TFN Realty allows TFN agents to collaborate with leading banks for mortgage referrals, providing a structured payout for successful referrals. The program is designed to reward agents while ensuring compliance with bank agreements and maintaining strong relationships with financial institutions.
Program Overview
The TFN Realty Bank Referral Program includes partnerships with the following banks:
Bank of Montreal (BMO)
Royal Bank of Canada (RBC)
National Bank of Canada (National)
Agents are encouraged to refer clients seeking mortgage financing to our partnered banks, per the terms outlined for each program.
1. Bank of Montreal (BMO) – Agent Program
Total Payout: 0.05%of the mortgage amount (paid by BMO) plus HST. Payout is subject to the agent/company transaction split and any applicable fees.
Bank Contacts: Daniela Pereira, Vice President, Mortgage Specialists (daniela.pereira@bmo.com)
Nadia Islam, Vice President, Mortgage Specialists, Greater Toronto Region - North (nadia.islam@bmo.com)
2. Royal Bank of Canada (RBC) - Agent Program
Total Payout: Avion Points
Bank Contact: Brandon Parry l Mobile Mortgage Specialist (brandon.parry@rbc.com)
Priscilla Bell, Mortgage Specialist (priscilla.bell@rbc.com) Juan Cerquera, Mobile Mortgage Specialist (juan.cerquera@rbc.com)
3. National Bank of Canada (National) - Agent Program
Total Payout: 0.05% of the mortgage amount (paid by National). Payout is subject to the agent/company transaction split and any applicable fees.
Bank Contacts: Colin McGrath, Residential Financing Manager (colin.mcgrath@bnc.ca)
General Guidelines for Agents
Referrals:
Agents are encouraged to refer clients to the partnered banks. Ensure clients are fully informed of their mortgage options, and complete the necessary referral forms for the chosen bank.Payout Structure:
Each bank's payout structure varies. Agents will receive a percentage of the mortgage value, as outlined in the program details above, subject to applicable taxes and company splits.