Commercial experts give advice

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“In my opinion, an agent looking at getting into the commercial game should mentor under someone experienced," Matthew Laverty of The Mortgage Centre Mortgage Brokers Ottawa told MortgageBrokerNews.ca. "A lot of agents are not even able to understand how to read financial statements, so how can we expect them to take a weekend course and walk away being called a commercial expert? Too often clients call and say they paid so-and-so a fee to get them a commercial mortgage and it never closed.”

The course details can be found below.
•             Module One:  Overview of the Commercial Mortgage Market
•             Module 2: The Application      
•             Module 3: Application Analysis - Income and Appraisal
•             Module 4: Application Analysis - Ratios
•             Module 5: Application Analysis - Credit
•             Module 6: Application Analysis - Environmental Assessment
•             Module 7: Submitting the Application and Obtaining a Letter of Intent
•             Pre-approved by CAAMP for 4 CE Units in the Professional Development category for the year 2014


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  • Paul Hudson on 2014-04-09 12:17:00 PM

    Will this course also be offered in Vancouver?

  • Joe White on 2014-04-09 12:36:39 PM

    Hi Paul and thanks for your interest,
    We've held the course in Vancouver in the past and look forward to getting back out to Vancouver as well as Calgary in the near future. We'll be posting additional dates on our website at remic.ca over the next couple of weeks.
    Cheers,
    Joe

  • Paul Hudson on 2014-04-09 12:50:45 PM

    Thanks Joe. Look forward to taking the course next time it's offered in Van!

  • Steve Fabian @MCAP and @REMIC on 2014-04-09 3:02:23 PM

    I'd agree with much of the article - commercial transaction sure are a different beast. As on of the instructors of the course our goal is to provide some clarity on approach and what to expect. No doubt the one dy result is not to make everyone a noted financial analyst. Looking forward to also offering this in different centers again. Good luck all.
    SF

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