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 cater our services to each individual client. Read on to learn more about our agents and what sets us apart from the rest.
The role of your mortgage agent is to conduct mortgage activities for Northwood Mortgage under the supervision of a licensed mortgage broker. In order to acquire your mortgage agent licence in Ontario with the Financial Services Commision of Ontario (FSCO) 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 go above and beyond to find the best rates specifically for you to meet all of your current needs.
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.
What Sets Us Apart
There are many advantages in choosing Northwood Mortgage over a bank. Our mortgage agents have expertise that expands across the entire mortgage market while banks are only able to offer their own products and rates. We can shop around to various lenders in order to find the right rates based on your individual case.
Northwood Mortgage also has access to exclusive deals. Our agents are able to negotiate on behalf of our clients to get the best rates and lowest fees. We strive to make the process of getting a mortgage as easy as possible and will lend support from the application process to securing the best mortgage for you. We offer a wide range of services that you can access today by contacting us.