20 Things I’ve Learned in my 20 Years as a Mortgage Broker
Reaching this milestone in my career and looking back I wouldn’t have imagined I’d still be a mortgage broker, but here we are! I’m in my 20th year as a broker and I still love what I do, every single day. Because I’ve surpassed this milestone, I think it’s fitting to pass along some of the wisdom I’ve gained throughout my tenure; here are twenty things I’ve learned… so far! As a mortgage broker I’m not paid if you do not get the mortgage you are needing, therefore I (always) work extra hard! As a mortgage broker, I hold a license that is regulated and requires educational components to hold and keep it. This isn’t something any of the Bank Mortgage Specialists have so they have less accountability. Rules change all the time! Back 20 years ago we could write on a piece of paper what someone’s equity is, now it all has to be what they file through Revenue Canada to ensure they are paying their share of the taxes. A lot of mortgage brokers come and go – being in this business for 20 years is an anomaly. Many deals get lost by the broker or bank employee