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Mortgage Broker News | 25 Feb 2013, 12:00 AM Agree 0
If a home is the biggest purchase clients will ever make, they should at least be given a chance to read the documents they’re asked to sign, says one industry veteran, pegging that interval at 24 hours.
  • David O'Gorman CPMB | 26 Feb 2013, 06:27 AM Agree 0
    For Ontario you just look at the Standard Charge Term number give on the commitment from the lender, google it on line & print it off for your borrower.... or just ask the lenders/BDO you do business with to give you a copy of their various SCTs & give your borrower a copy with the commitment & disclosures...which makes me wonder why you pay your broker a cut of your finder's fee & master franchise a franchise fee? Isn't the ability to provide information and documentation like this,what you pay fees for?
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