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Are You Passionate about training?Passion -- OK, I know you have heard this before but if you really care about training then you want to be sure you get the highest value for your money. There are numerous sites dealing with training and some may or may not have anything to teach you. That will not happen here. We are here to really stimulate your passion and make sure you get just what you need. It all starts with something you know and love and that is training. Please don't say a word. Just listen. And remember, don't share this with anyone. This is just between us. This is the single best source of finding the very best training information on the Internet. If you are truly interested in the very best in training then be sure you click the link above. We have researched the training subject extensively and can guarantee that the people have the best. The training links on the left side of this page will take you directly to the specific item you need so look around. We have made it easy for you and of course this company stands behind their training with total satisfaction guarantees. Your Rights When Investing In A Mortgage by: News Canada
(NC)-Investing money in a private mortgage for attractive returns has its merits and its risks. This type of investment is one in which a person lends money to a borrower who pledges real estate as security for the loan. These types of mortgage investments may be arranged through a Mortgage Broker. All Mortgage Brokers in the province of Ontario are required to be registered with the Financial Services Commission of Ontario (FSCO), an agency of the Ministry of Finance. Do business only with a licensed Mortgage Broker. Confirm that the broker you are dealing with is qualified and registered by visiting FSCO's website: www.fsco.gov.on.ca, or by calling (416) 226-7776. Mortgage Brokers must give you full information Mortgage Brokers are required to provide each prospective investor with information in the form of an Investor/Lender Disclosure Statement, as well as supporting documents such as an appraisal and an Agreement of Purchase and Sale. This information package must include:
By law, the broker cannot accept money from you until 48 hours after you have received this specified information and have signed a commitment to fund the mortgage. Do your homework It took a long time to save the hard-earned money you want to invest, so it's wise to carefully review all documents before making any decisions. You are entitled to take at least 48 hours (not including Sundays and holidays) to review the investment documents. Read them carefully. Consider the value of the real estate. The Mortgage Broker must provide documentary evidence of the property's value, other than an Agreement of Purchase and Sale. This could include an appraisal. Unlawful activity Mortgage Brokers are prohibited from selling or arranging the sale of mortgages that are, or have been, in default within the past 12 months. Mortgage Brokers cannot accept funds from you to hold for a future investment. Risks to consider about mortgage investments
Mortgages can be high-risk investments. Consult your financial advisor to see if mortgage investments would be suitable for you. Visit FSCO's website: www.fsco.gov.on.ca, or call (416) 590-7298, or toll free, 1 (800) 668-0128 for a copy of its comprehensive guide to investing in mortgages.
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