Disclosure & News

Disclosure & News

CMBA-BC & Mortgage Mentor Partner for Member Programs:

Now FREE, Enhanced & available for MAC

CMBA-BC Edition, APR – Cost of Credit Disclosure from Mortgage Mentor
Your new cyber-assistant “Clerise” will accurately prepare an easy to read, easy to understand, and easy to explain form that’s required to help be in compliance with current regulations.  Using two simple, easy to fill-in screens (no scrolling) figures only need to be entered once.  Clerise knows all the places your deal data needs to go.  This program has step by step regulatory messages right where you need them.

Her math skills are excellent and she has been complimented by a key government regulator as being the only ‘assistant’ to have correctly figured out how to calculate the APR in compliance with the legislation.  Clerise helps make compliance very easy!

For more information, or any questions, click HERE

Debt Consolidation Tool
With present levels of consumer credit being a hot topic in the news and financial press now is an ideal time to get familiar with a credit improvement tool.  Just after back to school and Christmas are two ideals time for mortgage professionals to help consumers improve their overall financial situation.  This new Payment Optimizer tool will quickly show clients an overview of their credit realities, plus quickly show what a refinance option or consolidation loan would look like.

Pre-Payment Penalty Calculator
One of the big mysteries of mortgage financing is “How much will it cost if I pay out my mortgage today?” This new IRD Calculator includes not only Canada’s most comprehensive penalty generators, but also direct links to the major lenders own online penalty calculator. IRD-CALC will show you the 8 common penalty results plus display what would happen if the market changed before the payout date.

Available to CMBA-BC members for ANNUAL fee of $19.95 ea.

TO DOWNLOAD the SIGN UP FORM – CLICK HERE and FAX TO MORTGAGE MENTOR @ 1-866-245-2045

 


Forms 10 and 11 and Recent Bulletins (FICOM)


FREE MBABC BPCPA DISCLOSURE FORMS & CALCULATOR
AVAILABLE FOR OUR MEMBERS
Click Here To Open

For Questions on Disclosure and this form please contact info@mbabc.ca. (Excel Macro Security must be set at medium for this form to work properly MAC users: interface recommended to prevent loss of integrity – information available at http://www.microsoft.com/mac/products/Word2008/default.mspx)