by Cain Daniel | May 6, 2015 | Life Insurance Licensing in Canada, Marketing, Mortgage Brokering, REMIC Blog
The Art of Differentiation The art of differentiation comes in a variety of forms. In the mortgage industry it is important to understand that most lenders and mortgage brokerages are offering the same product: money. Since the consumer sees the product as virtually...
by Cain Daniel | Apr 27, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, REMIC Blog
Why Mortgage Brokers Love Ford, and should! It’s true, mortgage brokers love FORD, and with good reason! Not the car manufacturer, nor Doug or Rob of Toronto’s political scenery. Although I’m sure many brokers do love their Fords, I’m referring to another...
by Cain Daniel | Apr 22, 2015 | Mortgage Brokering, REMIC Blog
What is Mortgage Creditor Insurance? There are two types of mortgage creditor insurance. The first is typically a life insurance policy provided to a borrower by an institutional lender. The second is a life insurance policy provided to a borrower through a third...
by Cain Daniel | Apr 15, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Private Mortgage Lenders in Ontario Private mortgage lenders in Ontario have always been and continue to be a major source of funds for many mortgage brokers. Until the recent influx of institutional sub-prime lenders into the market, the primary means of...
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....
