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Mortgage brokerage in CanadaPosted on:3/29/2006
| The laws governing mortgage brokerage in Canada are determined by provincial governments. |
The laws governing mortgage brokerage in Canada are determined by provincial governments. Throughout Canada, high ratio loans are insured by either the Canada Mortgage and Housing Corporation or Genworth Financial.
Quebec is unique in all of North America as its laws are based on the Civil Code. The law permits mortgage brokerage to be performed by those in the finance industry, as well as those in the real estate industry.
All text is available under the terms of the GNU Free Documentation License (see Copyrights for details).
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