by Cain Daniel | Mar 4, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Understanding Your Credit Score In understanding your credit score we must first define what it is. The Credit Score is a numerical representation of your current and past credit and can range between 300 (the lowest score representing the worst) and 900 (the highest...
by Cain Daniel | Mar 2, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Getting your real estate license vs. mortgage agent license So you want to be a Real Estate Salesperson, eh? (as of 2022) Real Estate Investment: $7,545 (Broker $9,105) VS. Mortgage Broker/Agent Investment: $1,600 Real estate sales can be a...
by Cain Daniel | Feb 27, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Mortgage Insurance vs Life Insurance There are two types of mortgage insurance (not default insurance; that compensates the lender on the borrower’s default). The first is typically a life insurance policy provided to a borrower by an institutional lender. ...
by Cain Daniel | Feb 25, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Co-Ownership of Real Property Property can be owned by an individual or by several individuals, referred to as co-ownership. Co-ownership occurs in one of two ways: by a tenancy in common or through a joint tenancy. Mortgage brokering in Ontario is...
by Cain Daniel | Feb 23, 2015 | Becoming a Mortgage Broker, REMIC Blog
A career as a mortgage broker A career as a mortgage broker or agent can be both financially and personally rewarding. As the individual responsible for bringing borrowers and lenders together, you will typically be compensated by the lender in the form of a...