Mortgage Agent Licensing in a Week

There are many people working in the field of property management as mortgage brokers. They function as middlemen between the two parties, the borrower and the bank. The agents or brokers have main focus of work that is to provide the best deal to their clients. This process is typical and quite hectic that not every one or any one can make it happen. It requires extensive knowledge of the field as well needs to have strong connections and relationships in the field. The mortgage agents assist their clients right from the first step till deal closes. It includes, qualification for a mortgage, gathering important information from income, asset, and credit report and employment documentations to assess borrower’s ability to obtain financing. After the procedure of documentation or paper work, brokers start working on setting suitable loan amount, loan-to-value, determining loan type. That is why people look forward to approach and hire agent who has Mortgage agent license. Yes, and those agents who are already highly experienced and have complete knowledge but do not hold license can now easily join courses offered for them to provide mortgage agent license in a week. Real Estate and Mortgage Institute of Canada (REMIC) offers FSCO approved courses for mortgage agent. They also provide job placement to applicants.