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 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...
by Cain Daniel | Feb 4, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
You might think that since the mortgage broker finds the borrower, the lender doesn’t have to pay the costs associated with obtaining that borrower, such as advertising and marketing, having branch offices, etc., and therefore dealing with mortgage brokers is more...
by Cain Daniel | Jan 14, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is a mortgage broker? A mortgage broker is a practicing professional who assesses a borrower’s financial goals with respect to real estate financing and, after detailed analysis, provides solutions to meet those goals by acting as an intermediary with the...
by Cain Daniel | Jan 9, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Approximately 30% of Ontario consumers used a mortgage broker in 2010, a number that has remained consistent for the past several years, while 50% used a bank. According to a recent Mortgage Consumer Survey by CMHC, the average mortgage broker’s client had the...
by Cain Daniel | Nov 12, 2014 | Becoming a Mortgage Broker, REMIC Blog
Whether you are switching careers or deciding on your very first career, becoming a licensed mortgage broker can be a fantastic, rewarding choice. Let me begin by defining a mortgage broker’s role, because over the years it has evolved. A mortgage broker (or a...
