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Permitted Clients

by Cain Daniel | May 2, 2023 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

What is a Permitted Client? For the purposes of Non-Qualified Syndicated Mortgages (NQSMI), a the definition of a Permitted Client is defined in Regulation 188/08, which refers to National Instrument 31-103, Registration Requirements, Part 1 – Definitions. ...

Advantages of being a Mortgage Broker

by Cain Daniel | Apr 4, 2023 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

If you’re looking for a fulfilling career in the finance industry, becoming a mortgage broker might be the perfect fit for you. As a mortgage broker, you act as a liaison between borrowers and lenders, helping people find the best mortgage options for their unique...

Top 10 Reasons to Use a Mortgage Broker

by Cain Daniel | Mar 5, 2023 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

If you’re in the market for a new home, you may be wondering whether you should work directly with a lender or use the services of a mortgage broker. While both options have their advantages, using a mortgage broker can offer several benefits that make it a...

Mortgage Stress Test and how it affects you

by Cain Daniel | Feb 10, 2022 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

If you think getting a mortgage is as easy as qualifying based on your lender’s mortgage rate, think again!  You have to pass a test;  A stress test. What is the mortgage stress test? This is what the Office of the Superintendent of Financial Institutions...

How to become a licensed life insurance agent

by Cain Daniel | Nov 2, 2021 | Life Insurance Licensing in Canada, REMIC Blog

How to become a licensed life insurance agent Career as a Life Insurance Agent begins with the HLLQP course (formerly the LLQP course). This is a fantastic industry with literally unlimited income potential. In Ontario there is a straightforward four step process to...
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