February 23, 2015
A career as a mortgage broker
A career as a mortgage broker A career as a mortgage broker or agent can be both financially and personally…
Category: REMIC Blog
February 20, 2015
What To Expect A Borrower To Expect
The following four expectations form the cornerstone of the transaction. By ensuring that these expectations are met, the mortgage agent…
February 16, 2015
Direct Comparison Approach Appraisal
The Direct Comparison Approach The direct comparison approach in determining the market value of a property is the most appropriate…
February 13, 2015
8 Dynamite Ways to Get More Mortgage Referral Sources
Referrals refer to those clients who have been advised to do business with the mortgage agent by a third party. A…
February 11, 2015
The Financial Components of Mortgages
The Financial Components of a Mortgage The basic premise behind every mortgage is the borrower’s promise to repay the amount…
February 9, 2015
Real estate property appraisals for mortgage financing
Real estate property appraisals for mortgage financing A mortgage lender is interested in knowing what the market will pay for…
February 4, 2015
Why do lenders deal with mortgage brokers?
You might think that since the mortgage broker finds the borrower, the lender doesn’t have to pay the costs associated…
February 2, 2015
What is a high ratio mortgage?
What is a high ratio mortgage? A high ratio mortgage is a mortgage that exceeds 80% loan to value. This…
January 28, 2015
What is a Reverse Mortgage?
What is a Reverse Mortgage? A Reverse Mortgage is a type of interest accruing mortgage that is typically provided to…
January 26, 2015
What is loan to value ltv and how is it calculated?
The loan to value of a mortgage is defined as the amount of the loan, in dollars as a percentage…
January 23, 2015
Loan to value – what is it and how do you calculate it?
What is loan to value (ltv)? The ltv is the amount of the loan, in dollars, in relation to the…
January 21, 2015
Using registered funds for a mortgage investment
Registered funds and mortgage investments Registered funds typically eligible for use in a mortgage investment are RRSPs, LIRAs, LIFs, RRIFs,…
