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. ...
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...
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...
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...
by Cain Daniel | Jun 28, 2020 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
The Canadian government sets the guidelines for default insured mortgages to, in part, manage the housing market, while provincial governments can use other tools, such as taxes. The following summarizes the changes made by governments since the financial crisis...
by Cain Daniel | Jun 7, 2020 | Life Insurance Licensing in Canada, Mortgage Brokering, REMIC Blog
Awesome Online meetings – Your Top 9 List Conducting online meetings has never been more important or relevant than in today’s environment, but do you know how to conduct awesome meetings? Most don’t, since most financial professionals are used to interviewing...
