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In order to become licensed as a Mortgage Agent, such individuals will need to be employed by a Mortgage Brokerage. Only the Mortgage Brokerage may apply to FSCO for a Mortgage Agent License on behalf of an individual. Mortgage Masters Group. in business since 1991.
2. Go the Extra Mile to Educate Your Mortgage Lender. You need to be able to explain to your mortgage lender what you do for a living. Take the time to educate him or her about your job. Perhaps print out a news article or other information that will help a lender understand what you do. "You need to prove that your past two years are normal.
Master Mortgage Requirements The master mortgage is created when a property is sold for the first time. When the balance is paid and the property is resold, a new master mortgage is created to replace the old one.The master mortgage is consulted each time a property is sold to ensure that all related debts have been paid.
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