Mortgage Broker - Mortgage Brokerage in Canada

Mortgage Brokerage in Canada

The laws governing mortgage brokerage in Canada are determined by provincial governments. Most provinces require mortgage brokerage companies to carry a provincial license. Throughout Canada, high ratio loans are insured by either the Canada Mortgage and Housing Corporation, Genworth Financial or Canada Guaranty.

Read more about this topic:  Mortgage Broker

Famous quotes containing the words mortgage and/or canada:

    “Loosened from the minor’s tether;
    Free to mortgage or to sell,
    Wild as wind, and light as feather
    Bid the slaves of thrift farewell.”
    —Samuel Johnson (1709–1784)

    “Canadians look down on the United States and consider it Hell. They are right to do so. Canada is to the United States what, in Dante’s scheme, Limbo is to Hell.”
    —Irving Layton (b. 1912)