Teams

Please ensure that all your print media and marketing materials adhere to FSRA guidelines. Failure to comply may result in a written warning. Additionally, all social media profiles, including LinkedIn, Facebook, Instagram, TikTok, etc., must include the following information:

Name: ABC

Title: Mortgage Agent Level 1/2/Broker

FSRA License: 12360

Statement: Independently owned and operated

Brokerage: Dominion Lending Centre National Ltd

Address: 5675 Whittle Road, Mississauga, ON, L4Z 3P9

Use following link to download Marketing compliance guide: https://mortgageassurance.ca/wp-content/uploads/2024/09/Avertising-and-marketing-Guildelines.pdf

We’ve secured a discounted rate with Gem Creatives Inc at http://www.gemcreatives.com. You can reach out to Tasib Zahid at (647) 761-7486. Their studio is located at 6645 Tomken Rd#3, Mississauga, L5T2C3. Their pricing is $50 for a professional headshot. They provide 10-15 raw copies, and upon finalizing your selection, they will deliver one fully edited picture.

It’s crucial for every mortgage agent to have a professional headshot for print media and marketing materials as it leaves a positive impression on clients.

To streamline the process of ordering business cards, please follow the instructions below:

• Template Selection: Choose one of the provided templates for your business card design.
• Customization: Ensure that all your details such as name, title, domain, and contact information are correctly inputted into the chosen template. Additionally, include the QR code provided in the mobile app if needed.
• Submission for Printing: Once your design is finalized, submit your request for printing to Tasib at gemicreations@gmail.com
• Invoice Processing: Tasib will send you an invoice which will have to be paid at first and then email the invoice to Rabbiya for reimbursement. Please note we will only reimburse when the agent will close their first deal, payment will be processed within 2-4 weeks of invoice submission. *We reimburse a maximum amount to $60*
• Optional Custom Design: Should you decide to choose your own design, please be aware that it will incur an additional cost of $50, which won’t be covered. You can use the DLC free design service to design for free, but we didn’t like their designs.

As per FSRA guidelines, it is imperative to utilize the registered logo of our brokerage in all marketing materials. As part of our Mortgage Assurance team, we expect agents to incorporate our team logo into all promotional and marketing materials.

To ensure compliance and brand consistency, please download the registered logos of our brokerage & Team using the following link: https://mortgageassurance.ca/wp-content/uploads/2024/09/Mortgage-Assurance-Logos.zip

Thank you for your attention to this matter. Should you have any questions or require further clarification, please do not hesitate to reach out.

As you know, we collaborate with a wide array of lenders to provide the best possible service to our clients. It’s crucial to recognize that many of these lenders have minimum commitment requirements, and failure to meet these commitments could result in termination of your contract with a particular lender.

Therefore, it’s essential that you carefully consider the lenders you onboard and ensure that you can meet their minimum funding volume requirements. If you’re unsure about which lenders to choose or need guidance on lender onboarding, please don’t hesitate to reach out to your team leader or mentors for advice and support.

Let’s continue working together to maintain successful partnerships with our lenders.

Use following link to download lender list: https://docs.google.com/spreadsheets/d/1QME_83O4-aSpicxFxUyNk3TL9fqOr3rdqukPTonxQKY/edit?usp=sharing

To support all the agents in marketing their businesses, we’ve secured a deal with Gem creratives for flyers and door hangers. Please find the pricing and design details below:

Door Hangers (14 PT Card Stock):

• Size: 3.5×8.5

  • Qty: 500 – $140.00
  • Qty: 1000 – $195.00

• Size: 4.25×11

  • Qty: 500 – $160.00
  • Qty: 1000 – $225.00

Trifold Flyers (100lb Gloss/Matte):

• Qty: 500 – $235.00
• Qty: 1000 – $270.00

Please refer to the attached designs for visual reference: Door Hanger / Flyer

Please follow the attached checklist as this is what our compliance team will review and ensure all docs are attached with it.

• Client Engagement Letter. So first off, if your deal came in online and they gave you consent to pull credit, then you can have the clients sign “Client Engagement letter” after you pull credit. But if you met with client or took app over the phone, you would need them to sign this first. The client Engagement letter is your consent for credit as well as other clauses to protect you and the franchise.
• Photo ID from all borrowers
• Mortgage application / Summary – signed by all clients. You can find this in the ACTIONS button top right. Download and then upload into your Conditions and Documents portal
• Ontario Disclosure to Borrower includes the Amortization schedule, so no need to do one separately. This is the most important document. Please disclose all fees (legal fees, appraisal fees, lender and broker fees)
• Lender commitment – this can NEVER be signed before you do the disclosure to borrower. Always after or at the same time if they waive the 2 business days waiting period
• MPP application – once client accepts or waives, email copy to apps@mppbroker.com and then you will get the MPP Indemnity Certificate emailed to you.
• MPP Indemnity certificate
• Letter of direction if you are charging a fee to the client
• Include all Income, downpayment and any property info that was requested by the lender. Anything the lender asked for on the commitment, needs to be in your file.

Use following link to download On file Checklist: https://mortgageassurance.ca/wp-content/uploads/2024/04/ON-File-Checklist-2023-4.pdf

As Level 1 Agents, you are not permitted to handle MIC (Mortgage Investment Corporation) deals, including any communication or acceptance of documents related to such deals. In such cases, it is imperative that you promptly reach out to your Team Leader or Mentor so they can assume responsibility for managing your MIC deals.

Understand that you will still receive compensation at a 60/40 split for the first 4 deals. However, upon exceeding this threshold, a fee of $450 will be applicable on each subsequent deal until you obtain a Level 2 license.

Furthermore, please note that engaging in Private deals is strictly prohibited unless the investor has been properly onboarded with the brokerage. For more information regarding private investors and related protocols, kindly liaise with your Team Leader or Mentor.