Description
This Suitability and Mortgage Deferrals professional development course aims to address common questions relating to deferrals for borrowers facing short-term financial challenges, and provides a strategy for analyzing their suitability according to a borrower’s financial situation. The course is divided into the following modules:
1. Course Overview
2. Assessing Client Needs and Circumstances
3. Mortgage Deferrals
4. Calculating the Cost of Deferrals
5. Assessing the Options and Making a Suitable Recommendation
6. Communicating the Outcomes
7. Course Summary
This course offers 2 hours of professional development.
Learning Objectives
After completing this course, learners will be able to:
• Assess the suitability of a mortgage deferral based on the borrower’s needs and circumstances.
• Describe a mortgage deferral.
• Calculate the costs associated with mortgage deferrals.
• Recommend suitable mortgage options to borrowers in a professional manner, even if certain conversations can be difficult.
- Formation continue
