Programs
If new to Canada, you may qualify under this
What is Newcomer Program
With this on the rise, amortization is being affected
What are Interest Rates
One Advisor on our Team resides in this Province
What is Ontario
TDS
What is Total Debt Service
What is an Open Mortgage
"I've always rented and have never owned a home", this might be a good candidate under this program
What is First Time Home Buyers Incentive Program
PPIN, page 2 will indicate this, and it's based on current mortgage details
What is the Trigger Rate
Announcing her retirement, she will be missed beyond measure
Who is Victoria
DLA
What is Delegated Lending Authority
The greater of 3 months interest or the IRD
What is the Prepayment Charge
A Canadian earning income outside of Canada, may qualify under this
What is Foreign Income Program
10% POP, Double Up & 10% increased payment
What are Prepayment Options
Team BAMO has 10 of these, combined
What are dogs
PEAT
What is Pricing Exception Authority Tool
0.15 is the discount often approved for a mtg renewal generated from this type of lead
What is Engage & Save
This income can be used for Investment Property purchased...if the tool is used
What is Appraised Market Rent
The new term selection, w/out prepayment charge to early renew closed variable.
What is equal to or greater than current remaining term
Matthew and Elliott kept us entertained with these...
What are Dad Jokes
HVE
What is Home Value Estimator
Where Self Serve Employee Income Verification Letters can be found.
What is Workday
Conforming or Non-Conforming define the mortgages found under this program
What is Wealth Accumulator Program
This can be found in Connect and will assist when speaking with our clients
What is The Conversation Guide
Who makes up the "B" in Team BAMO
Who is Abe & Al
MPOW
What is Mortgage Pricing Options Worksheet
Spend these on Gym membership, running shoes, yoga classes - just to name a few
What are Wellness Credits