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What is a mortgage?

by Cain Daniel | Mar 30, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

What is a mortgage?  According to the Ontario Mortgages Act, R.S.O. 1990 c.M.40 (the legislation that governs mortgages in Ontario), the word mortgage is defined as, “any charge on any property for securing money or money’s worth.” Most consumers would not...

4 Easy Strategies to Market Your Mortgage Financing Services

by Cain Daniel | Mar 13, 2015 | Marketing, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

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...

The Financial Components of Mortgages

by Cain Daniel | Feb 11, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog

The Financial Components of a Mortgage The basic premise behind every mortgage is the borrower’s promise to repay the amount borrowed.  There are several components to a mortgage, as is illustrated in the Standard Charge Terms, but at its core a mortgage payment...

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