{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/de5df639a764449da835418ef0b918b8\" frameborder=\"0\" width=\"2256\" height=\"1692\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1692,"width":2256,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1692,"thumbnail_width":2256,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/de5df639a764449da835418ef0b918b8-9216124719197aa7.gif","duration":2068.8,"title":"Tru Cooperative Bank (02/06/2026)","description":"This Loom explains updates to True Cooperative Bank’s broker lending process and products for BC and Ontario. Mark confirms they changed from First West Credit Union to True Cooperative Bank, became federally regulated, and are open for Ontario business, while BC deals still route to specific brands (Envision Financial for lower mainland, Island Savings for Vancouver Island, Valley First for the interior). He emphasizes using the rate sheet he emails tomorrow and effective Thursday because broker portal rates are higher, and notes he targets 1 to 2 day turnaround with underwriters handling deals end to end. Key underwriting points include A-rate requires 600+ credit and GDS 40 or under, HELOCs allow up to four people and prime plus 0.4%, and subject rentals currently use 80 percent offset that is expected to change around July to add-back."}