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Registered funds and mortgage investing webinar slide deck This 45 minute webinar will introduce you to using RRSPs, RESPs, TFSAs and other forms of registered funds to invest in mortgages. These mortgages can be direct to borrower mortgages or through other...
Power of Sale in Ontario The power of sale in Ontario begins when a borrower defaults on his or her mortgage obligations, including any of the covenants contained in the Standard Charge Terms, the lender can consider the borrower to be in default. When this...
LinkedIn is a great business tool for professionals. It is the digital business card, Rolodex and Who’s Who all rolled in to one. It helps us connect and stay connected, find new opportunities and find new talent. Those are its good points. The dark side to LinkedIn,...
What are the costs involved in becoming a licensed mortgage broker / agent in Ontario? Updated September 30, 2020 To begin your journey in your new mortgage career you will need to take the mortgage course. REMIC’s course, considered by many to be the best in the...
How to Market / Advertise Intangibles or Services Marketing intangibles or services is quite different in comparison with marketing products that a potential customer can see and feel. Studies indicate that upwards of sixty percent of consumers will choose a...
Pros and Cons of a Fixed Rate Mortgage Also known as the partially amortized, blended constant payment mortgage with a fixed rate. The fixed rate mortgage is the most common repayment plan in Canada today. This mortgage has several characteristics. ...
4 Free Tools To Prospect and Manage Your Client Database Database marketing is the function of warehousing potential and existing client information in an electronic medium that allows the user to assemble or list these clients in groups to whom marketing efforts may...
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...
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...
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. ...
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...
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...