by Cain Daniel | Apr 3, 2015 | Becoming a Mortgage Broker, Life Insurance Licensing in Canada, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
How to Win a Face-2-Face Client Meeting There are three basic places where a mortgage agent can meet a client: The client’s home The mortgage agent’s office Another outside location. There are several positives and negatives for each location, but it is important to...
by Cain Daniel | Apr 2, 2015 | Becoming a Mortgage Broker, Mortage Investments, Mortgage Brokering, REMIC Blog
Top 3 things mortgage brokers needs to know about private mortgages – Slide Deck Thanks for joining us for this webinar (the download for the slide deck is at the bottom of this page). You can access our other information packed sessions, some free...
by Cain Daniel | Apr 1, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
The interest only mortgage is straightforward. The borrower takes out a lump sum of money and only repays the interest due each payment period. This means that, throughout the life of the mortgage, the borrower will always owe the same amount of principal....
by Cain Daniel | Mar 27, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
How to apply for your Mortgage Agent License in Ontario Licenses are issued when approved, and are then renewed every two years on a fixed date. For example, March 31, 2012 and each two year period thereafter. Licenses for agents are renewed as long...
by Cain Daniel | Mar 25, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is Mortgage Default Insurance? Mortgage default insurance is an insurance policy between the insurer and the lender that will compensate the lender for losses suffered on an insured loan. It’s important to note that mortgage default insurance does not...
by Cain Daniel | Mar 16, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, REMIC Blog
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...