What do your clients know about co-signing for a mortgage?

Do you receive questions from clients about co-signing? Do you recommend it to your clients who are struggling to gain an approval? With tighter mortgage qualification rules and high priced real estate in many Canadian cities, the subject may becoming more popular. Check out this article on the benefits and risks of co-signing for a […]

A broker’s guide to understanding income verification documents

As a mortgage broker, you need to be able to accurately interpret the information you read in company financials and income verification documents. Your client’s income is key in determining how much credit lenders might extend to them. But not all clients will have an employer letter and pay stub ready to hand over. For […]

Increase your clients’ income using gross ups and add backs

Gross ups and add backs and adjustable rates… OH MY! There are so many tools available to help get a deal done, it can be hard to keep track. Don’t fret, let us dig into a few you can use to help your clients see an approval. Gross ups and add backs can both be […]

Down payment – Part 4

Down payment is part four in a five part series about what your client can expect during the mortgage process. This article is meant to be shared with your clients so they can be prepared and move smoothly through the process. You’re almost at the finish line. It’s time to talk down payment. If you […]

Supporting docs for income proof – Part 2

Please share this article with your clients to help them navigate the mortgage process. For the full 5 part series, comment below and we’ll happily send it to you. Now that the application process (part 1 of this series) is dealt with, it’s time to validate your income to your lender. This means you’ll be required […]

Prepare your clients for what to expect during the mortgage process – Part 1

The mortgage process can seem daunting and overwhelming for the best of us. It’s so big in fact, that we had to break it up into five parts! A mortgage is a big transaction that involves a substantial amount of money. Your clients will have feelings, which is why we have developed this 5-part series […]

Save time and save face with clear communication

Get your message across the first time and cut out the back and forth. Effective clear communication will save you and your client time and frustration. Look like a super communicator using the M.A.D.E Format.