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Who we are

Mortgage refinancing expertise, driven by cooperation.

The COOP is an association of notaries specializing in mortgage refinancing. In collaboration with OPCO Notaires inc., a firm dedicated to centralized processing, we provide a consistent solution across Québec, designed to meet the expectations of financial institutions while fully respecting the notary’s role.

In compliance with the requirements of the Chambre des notaires du Québec, this sharing of mandates between notaries allows us to simplify the process, lower production costs, and accelerate turnaround times, benefiting all parties involved.

Quick

We take charge of your file immediately, for quick and simplified service.

Cost-effective

We offer a fixed, competitive price across Québec, even in remote regions.

Secure

We provide a secure portal to transfer documents and track the progress of the file.

Structured Support Every Step of the Way

The file is managed centrally by six key players, ensuring rigorous, hassle-free processing.

Financial Institution

Approves, sends, disburses, pays (the invoice)

Customer

Completes,
uploads,
signs

OPCO

Authenticates, drafts, manages (funds, discharge)

COOP

Assigns a notary to the file

Notary

Explains,
validates,
receives signature, publishes

Third Party

Former lender, other borrower, etc.

A Seamless, Optimized, and Human Approach

Every file is processed in a consistent and optimized way, while fully respecting the notary’s fundamental role.

Opening the File

Gather information
from customer

File Production

Drafting
of the mortgage deed

Appointment - Notary

Signature
of the mortgage deed

Disbursement / Repayment

Funds deposited, previous lender repaid

Billing

Invoice paid
by financial institution

Closing the File

Final report, discharge, documents sent

The POWER of the Network

At the COOP, every case is supported by a united team of member notaries. Our cooperative approach fosters mutual support, transparency, and a streamlined service for all stakeholders.

F.A.Q.

You have questions, we have answers.

Why a cooperative?

The responsibilities of notaries in Quebec are constantly growing, making their practice increasingly demanding. The COOP was founded with the goal of supporting notaries by reducing their administrative burden while keeping them at the heart of the case. This allows notaries to fully devote themselves to their true role: rigorously serving the public.

Our goal was also to modernize the refinancing process. In a highly competitive environment, it became essential to create a model capable of reducing costs for financial institutions and their clients, while protecting the integrity of the notarial profession.

The cooperative model represents, in our opinion, the most structured and equitable sharing economy vehicle to achieve this. It allows all interested notaries to receive files, and financial institutions to benefit from a uniform, compliant, and efficient service.

In addition, member notaries are co-owners of the COOP and participate in collective decisions during the general assembly, which no other business model allows.

Are your services compliant with Bill 23 and the rules of the Chambre des notaires?

Which loans are eligible for the COOP's refinancing program?

The solution is aimed at refinancing single-family homes, condominiums, vacant lots and multi-unit properties of six (6) units or less. We can also handle transfers between borrowers, as well as mortgage assumption.

How much does it cost?

The COOP offers fixed, competitive pricing across the province, with no hidden fees, you know what to expect from the start. For a detailed list of rates and included services, contact us by email, phone, or through our website. We’ll be happy to provide a personalized estimate tailored to your situation.

How long does it take to process files?

Processing times vary depending on the nature of the case and the time of year. On average, a standard refinancing file takes 9 to 15 business days to complete, though more complex cases may require additional time.

During peak season (April to mid-July), we recommend allowing for a longer turnaround time.

Who should I contact if I have a question about my file?

Although several parties are involved in handling your file, you have a single point of contact throughout the process: OPCO Notaires Inc.

For any questions, simply email us, open a ticket via our website, or call us. We are here to assist you from start to finish.

How do I pay?

With most of our partners, once the disbursement request has been made, OPCO Notaires inc. forwards the invoice to the financial institution, in accordance with the contractual agreement.

The financial institution is required to pay the invoice on behalf of the client, and the amount is debited directly from the client’s account.

OPCO then provides the client with a copy of the paid invoice, along with an electronic copy of the original documents.

Your Mortgage Refinancing Experts

Structured Support Every Step of the Way

A Seamless, Optimized, and Human Approach

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