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Monoline Lender

A “monoline” is a mortgage lender that focuses just on mortgages.

A monoline lender does not have other products it can cross-sell, which differentiates it from a bank or credit union.

Most monoline lenders securitize their mortgages, instead of keeping them on their balance sheet.

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Last modified: October 29, 2010

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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