Video

Course curriculum

    1. Manual Application Process in Velocity

    2. Important Disclosure to Borrower Updates

    3. How to Task the Hub or Your Assistant

    4. Keeping your Documents Organized in Velocity

    5. Private Mortgage Compliance

    6. How to Submit Compliance

    7. Additional Mortgage Material Risks

    8. The Importance of IDs

    9. When is a New Signing Package Required?

    10. Letter of Direction Forms

    11. What to Include in a Renewal Compliance Package

    12. Setting Yourself Up for Success Using Velocity Settings

    13. Ensuring your Renewals are compliant (Sample renewal Attached)

    14. Submission Notes

    15. FSRA Changes to compliance

    16. End of the trade record sheet

    17. Material Risks - Please download to your Computer to add to every Ontario Disclosure to Borrower

    18. Letter of Direction and MCC Broker fees

    19. Adding Private Lending Fee to Letters of Direction & Disclosures to Borrower

    20. Line of Credit Disclosure Form

    21. Dislosure to Borrower - A Deals

    22. Disclosure to Borrower - Terms & Conditions

    23. Disclosure To Borrower - APR

    24. Letter of direction for Private Lenders - Nov 22 2024

    25. Compliance Suitability Forms - Dec 6 2024

    26. Submitting a compliance package - Jan 3 2024

    27. 2025 Disclosure Refresher

    1. Home Trust Renewals

    2. New Private Mortgage Onboarding Rules

    3. Effort Trust Private Mortgages

    4. Onboarding Private Lenders with Monica Dubon

    5. Haventree Commitment

    6. Documents for STEP Mortgages

    1. Scarlett Payroll Part 2

    2. Intro to Scarlett Payroll With Christian

    1. Submitting Files with Central Underwriting Unit

    2. New Disclosure to Borrower for Credit Repair

    3. How to Send Secure Links

    4. All About Using Purview

    5. Tasking on Velocity

    6. Tools of the Trade: Property Tax Search

    7. Tools of the Trade: Lawyer Search Tools

    1. What you need to know about AML - Oct 4 2024

    2. AML & PEP is Live! - Oct 11 2024

    3. Updated Compliance Checklist for AML & PEP - Oct 18 2024

    4. AML & PEP - Open class - Nov 1 2024

    5. AML Due Diligence - March 5th 2025

About this course

Discover your potential, starting today

Instructor

Closing Specialist Kelsey McKinnon

Kelsey has a background in Human Resources and has years of customer experience that she looks forward to combining with her growing career at Mission35 Mortgages. She gives our clients the care and detailed attention that they expect when working with us. Kelsey will be in contact with you throughout your mortgage process to make sure you are always in the know and will do all she can to ensure a smooth closing