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citycapital
111 Posts |
Posted - 05/18/2008 : 12:00:42 PM
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My friend lives in Toronto,,he says the market is still good ,,,he doesnt know mortgage ,,,does anybody know how mortgages are originated there?brokers,banks,mortgage branches etc ..licenses ,,any feed back.
Thank you |
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khoiey
1709 Posts |
Posted - 05/18/2008 : 1:11:20 PM
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Are you going to live in Canada to do mortgages? lol. It's the same setup but I'm sure it's tough to earn business in Canada while you live in US.
quote: Originally posted by citycapital
My friend lives in Toronto,,he says the market is still good ,,,he doesnt know mortgage ,,,does anybody know how mortgages are originated there?brokers,banks,mortgage branches etc ..licenses ,,any feed back.
Thank you
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citycapital
111 Posts |
Posted - 05/18/2008 : 1:28:10 PM
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Friend ofered me a job ,,,maybe on the side i would if there is money to be made but the lenders guide lines,fees etc..these things i was trying to find out.
quote: Originally posted by khoiey
Are you going to live in Canada to do mortgages? lol. It's the same setup but I'm sure it's tough to earn business in Canada while you live in US.
quote: Originally posted by citycapital
My friend lives in Toronto,,he says the market is still good ,,,he doesnt know mortgage ,,,does anybody know how mortgages are originated there?brokers,banks,mortgage branches etc ..licenses ,,any feed back.
Thank you
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mortgagemessiah
8003 Posts |
Posted - 05/18/2008 : 5:37:27 PM
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Well, you need to get approved by Immigration Canada and licensing is tougher. It's also done on both the federal and provincial level.
The reason the Canadian economy is strong is because of the strength of the Canadian Dollar and the fact that the Canadian Federal Government has their debt under control. |
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loancloser1342
496 Posts |
Posted - 05/18/2008 : 11:55:41 PM
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| 3% of mortgages in Canada are originated by brokers. |
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