Private Mortgage Archives - Mortgage Rates & Mortgage Broker News in Canada

Relicensing deadline looms for thousands of Ontario brokers who have yet to complete requirements

March 25, 2024 2 Comments

With just days remaining, FSRA says thousands of Ontario agents and brokers still haven’t completed two education courses required to maintain their existing licences.

Clock ticking to private mortgage course deadline

The clock is ticking for Ontario brokers wanting to arrange private mortgages

November 16, 2023 No Comments

A reminder to Ontario brokers wanting to arrange private mortgage deals in the new year: the deadline to complete the new licensing requirements is quickly approaching.

Private mortgages: what brokers need to know

October 25, 2023 No Comments

While private mortgage providers may offer higher interest rates, they can be an attractive option for homebuyers unable to secure financing through A lenders.

Critics say OSFI’s proposed mortgage changes could do more harm than good

May 4, 2023 No Comments

While OSFI’s proposed underwriting changes announced in January were presented as an effort to control market risk, critics say the regulator risks overtightening a market that is already in decline.

What you need to know about FSRA’s new licensing requirements for private mortgages

April 3, 2023 No Comments

New licensing categories are now in effect for all Ontario brokers and agents starting in April.

How brokers can excel in a challenging market, and other lessons from the FSRA conference

January 20, 2023 No Comments

Mortgage professionals may be feeling angst these days with origination volumes well down from last year’s highs. But it’s in times like these that the value prospect of a broker is at its highest.

These Homeowners Need a Private Mortgage

November 13, 2019 1 Comment

Most of us don’t give much thought to private mortgages. We are vaguely aware they exist, but perhaps have the impression they are mortgage solutions

What is a private mortgage and when does it make sense?

August 31, 2017 No Comments

For those having trouble qualifying for a traditional mortgage, other solutions are still available, one of which is a private mortgage. And with increasingly stricter

Private Mortgage