Choosing Northwood Mortgage means having access to a wide array of professionals who can assist you with all of your mortgage needs. Our agents have the required expertise to help you get the best possible mortgage. We take the time to listen to your needs and we customize our services to each individual client. Read on to learn more about our agents and what sets us apart from the rest.
Mortgage Agents
The role of your mortgage agent is to conduct mortgage activities for Northwood Mortgage under the supervision of the Principal Mortgage Broker. In order to acquire your mortgage agent licence in Ontario with the Financial Services Regulatory Authority of Ontario (FSRA) you must abide by the following:
Be authorized by a mortgage brokerage
Be employed by only one mortgage brokerage
Meet educational requirements
Be a Canadian resident
Have an Ontario mailing address
Our Mortgage Agents and Brokers go above and beyond to find the best solution specifically for you to meet all of your current needs.
Mortgage Brokers
What is the role of a mortgage broker? To put it simply, they carry out all of the necessary mortgage activities on behalf of a mortgage broker. They bring borrowers and lenders together to find a mortgage that is right for all parties. A mortgage broker will negotiate for their client to get the best deal. They also may be direct supervisors for mortgage agents. The requirements for a mortgage broker licence are the same as a mortgage agent but with more experience. In addition, there are more educational requirements and an exam must be passed in order to acquire proper licensing.