Understanding Specialized Mortgages was developed in collaboration with the University of British Columbia, Sauder School of Business: Real Estate Division, a leading provider of industry–driven, online distance education programs.
Mortgage Professionals Canada and the Sauder School of Business have introduced six new courses on a number of key industry-related topics in support of professional development and the AMP National Competency Exam – Non-Broker Stream.
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While underwriter’s may not deal across the spectrum of specialized mortgages, they should have a basic understanding of the various financing alternatives available for borrowers and types of property in order to ensure an appropriate financing solution based on the borrower’s unique needs is provided. At times, this may involve a recognition that the mortgage submission should be referred to a colleague who specializes in certain types of product (e.g. commercial mortgage). Specialized mortgages range from various repayment plans, private mortgages, leasehold, construction, and commercial financing.
An expert understanding of these mortgages will help mortgage professionals to serve a broader range of clients, or to specialize in specific sectors.
When you click the Register button, you will be redirected to the UBC Sauder School of Business: Real Estate Division website.
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