Permitted Clients
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,
Blog: Archives
Mortgage Stress Test and how it affects you
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;
REMIC Vaccination Policy
Current as of: Purpose To protect the health and safety of REMIC staff and students from the spread of COVID-19, this policy details the conditions
REMIC Vaccination Statement
Current as of: Since the beginning of this pandemic, REMIC has made the health and safety of our staff and students our main priority. From
HLLQP Licensing per Province REMIC.ca
HLLQP Licensing per Province – REMIC.ca REMIC offers the HLLQP course (previously referred to as the LLQP course), in several Provinces across Canada. This article
Whole Life Insurance
What is Whole Life Insurance? Whole life insurance is a form of permanent life insurance that typically guarantees the premiums, the death benefit, and minimum
Private Lending
Private Lending / Private Mortgages Please note: information in this article is not meant to be legal advice on private lending, private investing, private mortgages
Monoline Lenders
What is a monoline lender? A monoline lender is typically a non-bank lender (except Home Equity Bank that provides the CHIP reverse mortgage) that does
Mortgage Lenders and lending in Ontario
The Ontario mortgage industry, the largest in Canada, has dozens of mortgage lenders for consumers to use, but not all of them are available to
Legislative changes and updates to mortgage rules
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
