Government Licensed Mortgage Brokers, Sub-Brokers & Agents

broker.mortgagequote.ca

(services available to all persons, from any country)

MQCC™: Canada's ONLY Certified Regulatory Compliant Non-Bank & Private Mortgage Lending Solution

Powered by LENDING LOOP^®:Enabling Person-to-Person Mortgage Capital through Licensed Mortgage Brokers. Making money go round.™

Home of the Entrepreneur Options™ Creative Mortgage Financing and Federal Government, Trademark Registered Venture Capital, High Ratio Private Mortgage: VenCap PRV® Programs

Government Licensed Mortgage Brokerages: Protect Your License - Protect Your Livelihood: Earn Money, Sleep Well At Night™

Since 2008, MortgageQuote Canada Corp. is the only mortgage lender and licensed mortgage broker in Canada certified by the Standards Council of Canada-Accredited, BSI Group, operating under Royal Charter; whose integrated Quality Management System complies with the requirements of ISO 9001:2015 for the following scope: Provision of mortgage banking ("lending" in Canada) and mortgage brokerage services. Learn more and supporting proof of claims at www.mqcc.org.

What does this mean to you as a licensed mortgage person and your retail mortgage customers? As explained by the Standards Council of Canada: MortgageQuote Canada Corp.'s private and non-private mortgage solutions are delivered in an effective standards-based environment, which "help to ensure better, safer and more efficient methods and products". Critically important for private lending and non-bank transactions - ask your errors and omissions insurer if you have any doubts. See below to learn more.

Licensed Mortgage Broker Brochure

Current Version Click Here

Click here to submit your file via email >>

Tell us the following:

How much does your client want?
What is the money for?
Description/Value of security (email appraisal if you have it).
Describe how your clients will be able to make the payments/or explain your exit strategy.
Email us your application along with client credit bureau, your borrower disclosure and all relevant documentation.

Borrowing

Non Bank & Private Equity Mortgage (PEM®) Products and Services

Anything goes, so long as it makes sense to the person writing the cheque.™

Investing or Lending

Government Licensed Mortgage Brokers and Agents

Trade & Profit from Private Lending; Sleep Well at Night

Do you want your clients to participate in the lucrative world of certified quality managed private lending to earn the returns as described at our MQCC Investor-Lender page?
Do you want to earn money in private lending without compromising, invalidating or otherwise affecting your errors & omissions insurance?

Understand that not every mortgage brokerage is permitted to trade in private lending. Who decides? Your EO Insurance coverage; your regulator required Customer Relationship decision (agent for borrower, intermediary or agent for lender).

Alberta:

Pursuant to RECA standards of conduct (https://www.reca.ca/consumers/standards/rules/part2-div1.htm)

Industry Member Prohibitions

Industry members must not:

(section 42), (c) use confidential information obtained from any person for personal gain nor should that information be used for any purpose other than that for which it was obtained;

Section 42,combined with Section 43 (Written Service Agreements), 44 (Protection of Client Information) places the same burden of confidentiality on your client (the private investor-lender)

Agent for Lender Requirements

https://www.reca.ca/industry/relationships/representing-lender.htm

Mortgage brokerages are cautioned that their industry members must only undertake activities that match the type of relationship the brokerage has chosen to have with lenders and/or borrowers (e.g. AGENT FOR BORROWER). For example, if a mortgage brokerage business model is to act as an intermediary, an advertisement that indicates “we ensure borrowers get the best mortgage rate” may be false and/or misleading, as it could lead a borrower to believe that the mortgage brokerage is working on his or her behalf. Appropriate wording could be “we work with borrowers to provide appropriate options for their consideration.”

MortgageQuote Canada Corp. (MQCC) - your only safe way to trade and profit from certified statutory, regulatory and process (SRP™) conformity private lending in Canada.

If your brokerage choses to act for borrowers, or as an intermediary. It (or it's licensed agents) can NOT act for a private lender (as defined by RECA). So, it may be best to direct your private lending activity (or refer your interested investor-lenders) to a trusted quality brokerage firm that has chosen to act for private lenders from the outset, ie; MortgageQuote Canada Corp. For the record, MQCC is Canada's ONLY mortgage brokerage firm that is certified to be fully compliant with regulatory private lender interaction requirements, in Canada. First in Canada: Certified Quality Management System & Certified Regulatory Compliance

You still get control of your investor-lender referral and you still participate in the lucrative private lending area, it's just that you do it within the context of compliance.

This is the best way to prevent downstream issues from arising.

BC:

Similar to Alberta

ONTARIO:

Similar to Alberta

Contact your MQCC™ BDO for details: underwriting@mortgagequote.ca

Broker Training & Support

Click Here to Contact us via email or Click here to Register Online with MQCC website for Broker Training & Support

MQCC™ Broker Support Site

Certified Unified Risk Based Quality Management Systems (uQMS™)for Licensed Mortgage Brokers

Email us at info@mortgagequote.ca

Please register with the MQCC™ website in order to gain access and learn more to the contents of this section or the website; or visit Contact Us - About Us page or email the MQCC™ at info@mqcc.org.

The MQCC™'s Business Enterprise Quality Management System is Registered to the Canadian Equivalent of ISO 9001:2015 published by:

Canada's National Standard for Quality Management ISO 9001:2015

CSA Group: "Helping improve the safety and quality of the products and services that touch your life."

Welcome to the MQCC™ System

PEMPAC®

After reading all of the foregoing, ask yourself: Who would YOU trust your money with?

MQCC™: A new system, a new standard, a new benchmark in Canadian and global finance.

Yes, there is a "better way" to trust & confidence in Finance; the MQCC™ approach is your "better way".

Canada Provincial Mortgage Broker Regulators: (RECA - Alberta) (FICOM - BC) (FSCO Ontario - Brokerage License #12279). Non-Canada Residents and international visitors, please read "Website Terms of Service", below. All items with a ® or ™ symbol or, some items in UPPER CASE are registered or unregistered (common law) trademarks of MortgageQuote Canada Corp. (MQCC™) or licensed by same. Some third party trademarks are used pursuant to nominative fair use principles. See Intellectual Property for full details. Deconstruction of a Claim (Internal Use Only). MQCC™ Data Artifacts, Privacy (PIPEDA), Data Security, Website Terms of Service, Legal, Disclosures: Statements, Consumer Electronic Message Preferences (CEMP). Money Quality Conformity Control Organization is a registered or unregistered trademark of MortgageQuote Canada Corp. All MQCC Systems, Technologies, Services and Products conform to WFT™ Technology.

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