While much of what you will learn here is universal in nature, there are distinct differences between the U.S.A. and Canada in areas of regulation, taxes and financing.

Also, remember that SM is for a service related business and TM is for a product related business.

( I currently work as a sales representative, so I love pitching products to ignorant customers, so I can pitch them the highest price possible)

According to an article from MPAMag.com, lender’s profits have been affected by the high costs of compliance that have been mounting since 2008.According to MPAMag.com, “Production expenses in the third quarter were the highest recorded since MBA began keeping statistics in 2008.”These high compliance costs are passed on to the borrower and have substantially increased the overall cost of borrowing.

This site is rather anti-guru, author, mentor until the members see and understand what the real product is and how it's presented as well as the knowledge of the one offering services.

When I made the switch from credit admin to loan production, the first message I received from a colleague was "welcome to the dark side."

I'm sorry this happened, but your responsible for buying the product and choosing those tenants.

In fact, scores are not the issue to prudent lending requirements, scores are a product of automated underwriting systems (AUS). :)

Excellent distinction!

. #1: most of them lie and tell us that they are actually the principal and not acting as a broker, #2: most recycle product "lists" that have we've seen several times and are quite dated (I recently was offered a package with several notes...3 of which I owned), #3: most try to get too greedy and try to structure the deal so that it doesn't work for us, and #4: most haven't got a clue what they are doing.