Brokers (Intermediaries) Mortgages and Loans

Government and Non-Government Licensed and Regulated

Canada - International

Government and Non-Government Licensed and Regulated Credit Intermediaries (loan brokers and mortgage brokers); do "private finance" and "private lending" right (correctly and properly) -- do it to the Canada's Federal National and International Equivalent (in 118+ Countries) Standard; better, safer and more efficiently, with MQCC™.

HOME TO CANADA and WORLD'S SAFER™ BRAND STANDARD FOR PRIVATE FINANCE

Welcome the global home of MQCC™ Canada-International, Sustainable, Accountable, Flexible-Fair-Fiduciary-Frank, Efficient, Regulated-Respectful-Realistic (SAFER™) “Private Lending” Program (safer.mqcc.org for project summary) and "the MQCC LOSS-LESS Origination" Program for Government Licensed Mortgage Brokers

who originate non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt and free trading; also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow real-estate-secured financial instruments (mortgages).

MQCC: Canada's ONLY National, International Standards (NISC) Class Regulatory Compliant,

Non-Bank, Private Mortgage Lending Solutions


Powered by LENDING LOOP®: Enabling Person-to-Person Mortgage Capital through Licensed Mortgage Brokers. Making money go round.

Learn about Person-to-Person Mortgage Capital at lendingloop.mortgagequote.ca

Home of the Entrepreneur Options Creative Mortgage Financing and Federal Government, Trademark Registered Venture Capital, High Ratio Private Mortgage: VenCap PRV® Programs

Private Finance Mortgage and Loan Products Brochure

Email Your Application or Investor Referral to

underwriting@mortgagequote.ca


Tell us the following:

  1. How much does your client want to borrow or invest?

  2. for Borrowers: What is the money for?

  3. for Borrowers: Description/Value of security (email appraisal if you have it).

  4. for Borrowers: Describe how your clients will be able to make the payments/or explain your exit strategy.

  5. for Borrowers or Investor Referrals: Email us your application or referral name and contact phone and email; along with applicable borrower client credit bureau, your borrower disclosure and all relevant documentation.

Credit Intermediation for Real Estate Secured Financial Products (Mortgage Broker Activity)

Government Licensed Mortgage Brokerages: Protect Your License - Protect Your Livelihood: Earn Money, Sleep Well At Night

Since 2008, MortgageQuote Canada Corp. is the only mortgage lender and licensed mortgage broker in Canada certified by the Standards Council of Canada-Accredited, BSI Group, operating under Royal Charter; whose integrated Quality Management System complies with the requirements of ISO 9001:2015 for the following scope: Provision of mortgage banking ("lending" in Canada) and mortgage brokerage services. Learn more and supporting proof of claims at www.mqcc.org.

What does this mean to you as a licensed mortgage person and your retail mortgage customers? As explained by the Standards Council of Canada: MortgageQuote Canada Corp.'s private and non-private mortgage solutions are delivered in an effective standards-based environment, which "help to ensure better, safer and more efficient methods and products". Critically important for private lending and non-bank transactions - ask your errors and omissions insurer if you have any doubts. See below to learn more.

PRIVATLENDER.ORG: Canada's Private Lending Network®; The World's Private Finance Network™

Professional Liability and Errors and Omissions Prevention-Integrated, Fully Indemnified Private Lender Origination for Mortgage Brokerages whose Professional Liability, Errors and Omissions Insurance companies do not classify and recognize and insure the brokerage for "primarily trading in non-bank or Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow goods (products) and services (methods)"; and therefore the organization does not possess the minimum standards of competence nor proficiency and systems, technology and infrastructure, management and supervision expected of a practitioner or organization that primarily trades in, and is insured primarily for, trade in Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow goods (products) and services (methods). Register at edu.MQUCC.org to learn more; or simply send your deals to MQCC™ and Learn as you Work™.

All you need is an email account to ENTER THE BLOCKCHAIN™ (www.EnterTheBlockChain.com); or simply email your files to underwriting@mortgagequote.ca to enjoy the benefits (subject to organization regulatory intake agreements signed by your broker of record or CEO).

Risk-Based, Credit Intermediation Solutions for Mortgage Brokers

The world's best; made for you™.

MQCC teaches EO companies how to reduce losses and increase profits by creating environments for higher-risk mortgage brokers or large mortgage brokerages with hundreds of agents and thousands of points of failure or risk exposure , to verifiably reduce risk.

Don't change your EO insurance company, change your operations, for the better to theMQCC ACCREDITED CLASS®.

Learn more.


Anything goes, so long as it makes sense to the person writing the cheque.™

Investing or Lending

Government Licensed Mortgage Brokers and Agents

Trade & Profit from Private Lending; Sleep Well at Night

  • Do you want your clients to participate in the lucrative world of certified quality managed private lending to earn the returns as described at our MQCC Investor-Lender page?

  • Do you want to earn money in private lending without compromising, invalidating or otherwise affecting your errors & omissions insurance?

Understand that not every mortgage brokerage is permitted to trade in private lending. Who decides? Your EO Insurance coverage; your regulator required Customer Relationship decision (agent for borrower, intermediary or agent for lender).

Alberta:

Pursuant to RECA standards of conduct (https://www.reca.ca/consumers/standards/rules/part2-div1.htm)

Industry Member Prohibitions

42

Industry members must not:

(section 42), (c) use confidential information obtained from any person for personal gain nor should that information be used for any purpose other than that for which it was obtained;

Section 42,combined with Section 43 (Written Service Agreements), 44 (Protection of Client Information) places the same burden of confidentiality on your client (the private investor-lender)

Agent for Lender Requirements

https://www.reca.ca/industry/relationships/representing-lender.htm

Mortgage brokerages are cautioned that their industry members must only undertake activities that match the type of relationship the brokerage has chosen to have with lenders and/or borrowers (e.g. AGENT FOR BORROWER). For example, if a mortgage brokerage business model is to act as an intermediary, an advertisement that indicates “we ensure borrowers get the best mortgage rate” may be false and/or misleading, as it could lead a borrower to believe that the mortgage brokerage is working on his or her behalf. Appropriate wording could be “we work with borrowers to provide appropriate options for their consideration.”


MortgageQuote Canada Corp. (MQCC) - your only safe way to trade and profit from certified statutory, regulatory and process (SRP™) conformity private lending in Canada.

If your brokerage choses to act for borrowers, or as an intermediary. It (or it's licensed agents) can NOT act for a private lender (as defined by RECA). So, it may be best to direct your private lending activity (or refer your interested investor-lenders) to a trusted quality brokerage firm that has chosen to act for private lenders from the outset, ie; MortgageQuote Canada Corp. For the record, MQCC is Canada's ONLY mortgage brokerage firm that is certified to be fully compliant with regulatory private lender interaction requirements, in Canada. First in Canada: Certified Quality Management System & Certified Regulatory Compliance

You still get control of your investor-lender referral and you still participate in the lucrative private lending area, it's just that you do it within the context of compliance.

This is the best way to prevent downstream issues from arising.

BC:

Similar to Alberta

ONTARIO:

Similar to Alberta

Contact your MQCC BDO for details: underwriting@mortgagequote.ca

Broker Tools, Training and Support

Broker Tools

Certified Unified Risk Based Quality Management Systems (uQMS™)for Licensed Mortgage Brokers

Email us at info@mortgagequote.ca


Broker Training & Support

Click Here to Contact us via email or Click here to Register Online with MQCC website for Broker Training & Support


Email MQCC™ Broker Support Site Team

Background

Why MQCC™ SAFER™ Private Finance is Important for Government and Non-Government Regulated and Licensed Credit Intermediaries (Loan and Mortgage Brokers)?

One reason is that MQCC is important because it recognizes the true risk that face government licensed and regulated credit intermediaries when they trade in Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow goods (products) or services (methods); as follows:

1 - One or All of the following parties:

  • your customer

  • your regulatory body

  • your licensing body

  • your professional liability and errors and omissions insurer, risk underwriter, insurance agent or broker

  • your Designated Broker

  • your Chief Executive Officer (CEO) of your brokerage

  • your brokerages' Top Management (as defined in the applicable Canadian Federal and International Standard)

  • your brokerage's shareholders, investors, lenders and corporate risk insurers/Directors and Officer's Liability Insurer and risk underwriters

  • prospective customers

require that you or your:

  • Brokerage

  • Fellow Brokers (Agents and Sub-Brokers)

  • Unlicensed assistants

trade in credit transactions:

  • to a standard that conform to expectations and requirements by regulators, consumers, investors, lenders, fellow employees, shareholders of your brokerage, Top Management of your brokerage and your professional liability and errors and omissions insurers/brokers/agents; namely, that you:

Operate or Function or Act in a manner that is beyond reproach (or, at the minimum, accountable); specifically, that is:

  • at a minimum; competent in nature (ie; you have necessary and sufficient training; you are tested for efficacy and possess minimum competency standards to trade with the public.)

Example of Competency Standards include: MQCC™ Competency - Private Finance 001/2006-2021-CPFS

Visit PEM® Institute (PEMI®) at www.PEMInstitute.org to learn more.

  • at a minimum; proficient in nature (ie; you have necessary and sufficient training; you are tested for efficacy and possess minimum proficiency standards to trade with the public and lead others in the role of an authority on the subject.)

Example of Proficiency Standards include: MQCC™ Proficiency - Private Finance 001/2006-2021-PPFS

Visit PEM® Institute (PEMI®) at www.PEMInstitute.org to learn more.

so that all:

  • statutory requirements

  • regulatory requirements

  • industry requirements

  • procedural requirements

are satisfied, for each and every transaction in which you are involved; with records and evidence of conformity to be held and made available for regulatory audit or other discovery, for a period of up to seven (7) years; subject to your jurisdiction of regulation, licensure or operation.

2 - All of the following leadership roles:

  • regulatory bodies and regulators (Chief Executive Officers CEO; Executive Directors; Investigators; Lawyers; Market Conduct Officials)

  • Professional liability and errors and omissions insurer, risk underwriter, insurance agent or brokers

  • Lawyers with an expertise in professional negligence

  • Trained, Tested and Accredited Academics

Will acknowledge that the nature, quality, feature, characteristic, extent and function of financial (finance industry sector) trade classified as:

Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow

for example:

  • Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow loans

  • Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow mortgages

  • Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow financial sector services (methods)

  • Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow other financial sector services (methods) or goods (products) - fungible and non-fungible

is scientifically (precisely, exactly, empirically, materially, measurably) dissimilar to trade in traditional and general financial intermediation, namely,

Non-Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow

for example:

  • Non Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow loans

  • Non Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow mortgages

  • Non Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow financial sector services (methods)

  • Non Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow other financial sector services (methods) or goods (products)

  • Financial goods (products) and services (methods) provided by

(a) Central Banks (CB)

(b) Federally Regulated Financial Institutions (FRFI)

(c) other-jurisdiction-Regulated financial institutions, including those regulated by members of:

  • FINRA (Financial Industry Regulatory Authority; USA)

  • CSA (Canadian Securities Association; Canada)

  • FCA (Financial Conduct Authority; United Kingdom UK)

  • And other International equivalent bodies

scientifically (precisely, exactly, empirically, materially, measurably) dissimilar because the Kind of Activity Units KAU which produce the output of Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow goods and services are inherently not the same as the KAU which produces the output of non- goods and services, specifically, the principal productive activity accounts for most of the value added is not the same; (KAU is a definition of the OECD, United Nations and member states; see OECD/UN/WIPO/WTO Textbook written by Anoop Bungay available at Amazon® and Google Play®; entitled:

  • How the April 9, 2005 - World's First - Commercial Application of "Principles of 'BlockChain'" Was Influenced by Secretaries- & Directors-General of UNGA, OECD, WIPO & WTO Organizations from 2001-2005How the April 9, 2005 -World's First- Commercial Application of "Principles of 'BlockChain'" Were Influenced by Secretaries- & Directors-General of UNGA, OECD, WIPO & WTO Organizations from 2001-2005); for organizational references).

3 - In additional to Industry Sector-based differences, the Occupational differences are also dissimilar because the "tasks" which comprise the "the principal productive activity accounts for most of the value added" are separate and distinct; borne of dissimilar:

  • Blooms Framework

  • DACUM Framework

  • Standard Occupational Classification Framework

and dissimilar:

  • work performance (for both regulated and non-regulated activities and extents)

  • job duties

  • skills

  • education

  • training

  • testing

  • accreditation of educational organizations

  • career frameworks

  • standards and applications of systems, technologies and tools

  • degrees or other credentials generally required

and dissimilar:

  • competency standards

  • proficiency standards

and dissimilar:

  • organization direction and planning

  • organization management

  • organization and employee supervision

and dissimilar:

  • compensation to practitioners

  • costs and fees to applicants/borrowers

  • investment returns and yields to investors and lenders

and dissimilar:

  • professional liability; errors and omissions risk liability insurer/broker/agent underwriting standards

  • rates of risk; for example, all regulators and professional liability insurers will confirm that Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance sector transactions inherently have a higher probability of high-risk events including:

* Loss of Investor-Lender funds $$;

* Predatory behaviour of untrained Investors, Lenders, Brokers;

* Improper understanding of critical and complex residential and commercial private lending transactions;

* Insufficient or improper training, education, testing, accreditation, skills assessment of practitioners;

* Insufficient or improper standards, systems, technology and tools at both a corporation, organization and individual level (COIN™);

* Insufficient experience; 3 years for vocational standard; 4 years for bachelor degree level; 6 years for Masters (bachelor degree included); 8 years for Ph. D. level (bachelor, masters included); 12 - 15 years for expert standard; leadership level experience.

* This is not a complete list;

resulting in the causing of harm to consumers (applicants, borrowers, investors, lenders) by persons or organizations that do not possess necessary and sufficient skills, education, training, experience, organizational systems and organizational controls to effect competent or proficient delivery of goods and services of a Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow quality or nature resulting in:

* Financial $$$ penalties paid by brokers, brokerages, agents and sub-brokers due to nonconformity events including system errors, omissions and human errors and omissions;

* Regulatory complaints against brokers, agents or sub-brokers and unlicensed assistants;

* Company (brokerage) complaints;

* Statements of Claim (legal disputes);

* This is not a complete list.


Another reason is that MQCC is important is because it revolutionized the standards, systems, technologies and tools related to the origination and completion of 'private lending' or Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow finance sector transactions because:


MQCC is the Global Network Administrator GNA™ for PRIVATLENDER.ORG: Canada's Private Lending Network®; The World's Private Finance Network™

Which revolutionized mortgage origination by introducing: Professional Liability and Errors and Omissions Prevention-Integrated, Fully Indemnified Private Lender Origination for Mortgage Brokerages whose Professional Liability, Errors and Omissions Insurance companies do not classify and recognize and insure the brokerage for "primarily trading in non-bank or Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow goods (products) and services (methods)"; and therefore the organization does not possess the minimum standards of competence nor proficiency and systems, technology and infrastructure, management and supervision expected of a practitioner or organization that primarily trades in, and is insured primarily for, trade in Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow goods (products) and services (methods). Register at edu.MQUCC.org to learn more; or simply send your deals to MQCC™ and Learn as you Work™.


All you need is an email account to ENTER THE BLOCKCHAIN™ (www.EnterTheBlockChain.com); or simply email your files to underwriting@mortgagequote.ca to enjoy the benefits (subject to organization regulatory intake agreements signed by your broker of record or CEO).


This is just some examples of why MQCC™ is good for you. Read this website and related websites and textbooks to learn fully and completely.

Learn more about MQCC™ SAFER™ PRIVATE Finance Intermediation for government and non-government licensed and regulated intermediaries (brokers, agents, sub-brokers) for mortgages and loans at broker.mortgagequote.ca.

BROKERS - APPLY NOW for your Customers (Applicants, Borrowers or Investors)

Enter the Errors and Omissions Insurance Integrated, Fully Indemnified, MQCC™ SAFER™ Private Finance System-Network at here or visit:

Benefits of MQCC™ SAFER™ Private in your Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance Transactions

Benefits:

  • Establish Trust

in Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance Transactions

  • Create a Transparent Operating Environment

for Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance Transactions

  • Establish Accountability

in Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance Transactions

  • Assure Products (goods) and Methods (services) meet National and International Standards of Quality resulting in better, safer and more efficient products and methods

related to Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow Finance Transactions

  • MQCC™ Systems Level Artificial Intelligence (SLAI™) -based

for errors and omissions, professional liability insurance risk management and underwriting integration and assurance.

For the benefit of the following class of financial sector participants or entities:

  • Consumer

  • Industry

  • Government

  • Non-Government Organization

For the benefit of the following roles of financial sector participants or entities:

  • Borrower - Investee

  • Investor

  • Broker

  • Regulator

  • Insurer

For the following goods (products) and services (methods):

  • Mortgages

  • Loans

  • Currency

  • Other Asset or Debt or "Object of Value" (fungible or non fungible)

MQCC™ PrivateLender.org® SAFER™ Private Program for Mortgages And Loans

Mortgage and Loan Related Resources

for

  • Borrower - Investee

  • Investor

  • Broker

  • Regulator

  • Insurer

Borrower - Investee

www.privatelender.org: Global Private Lending Network®

www.mortgagequote.ca

www.bitmortgage.com®

www.PEMInstitute.org Private Equity Mortgage Institute®

And see the Borrower Articles found in the MQCC Blog™: Blog.MortgageQuote.ca

More references websites are found in the footer of this website.

Investor

General Investor Website:

investor.mortgagequote.ca

www.privatelender.org

www.bitmortgage.com®

www.PEMX.com®

www.PEMInstitute.org Private Equity Mortgage Institute®

www.GAMUS.org GAMUS: Generally Accepted Mortgage Underwriting Standards™

www.CMHCBlockChain.com: MQCC™ Canada Mortgage/d’Hypothèques Conformity (CMHC) BlockChain

MQCC™ FCP Fiduciary Capital Partners™ Website:

fcp.mqcc.org

Investing for Professional Active and Retired Athletes Website:

pa.mqcc.org

And see the Investor Articles found in the MQCC Blog™: Blog.MortgageQuote.ca

More references websites are found in the footer of this website.

Broker

Government Regulated Mortgage Brokers Website:

broker.mortgagequote.ca

www.bitmortgage.com®

www.PEMInstitute.org Private Equity Mortgage Institute®

www.GAMUS.org GAMUS: Generally Accepted Mortgage Underwriting Standards™

www.CMHCBlockChain.com: MQCC™ Canada Mortgage/d’Hypothèques Conformity (CMHC) BlockChain

And see the Broker Articles found in the MQCC Blog™: Blog.MortgageQuote.ca

More references websites are found in the footer of this website.

Regulator

Government and Regulator Website:

www.mqcc.org

And see the Regulator Articles found in the MQCC Blog™: Blog.MortgageQuote.ca

More references websites are found in the footer of this website.

Insurer

Errors and Omissions; Professional Liability Insurers Website:

www.mqcc.org

www.PEMInstitute.org Private Equity Mortgage Institute®

www.GAMUS.org GAMUS: Generally Accepted Mortgage Underwriting Standards™

www.CMHCBlockChain.com: MQCC™ Canada Mortgage/d’Hypothèques Conformity (CMHC) BlockChain

And see the Insurer Articles found in the MQCC Blog™: Blog.MortgageQuote.ca

More references websites are found in the footer of this website.

MQCC Blog™: Articles and Open Secrets™

Blog.MortgageQuote.ca

Visit www.BitCoin.eco to learn more.

MQCC SAFER™ Peer-to-Peer (P2P)/Private/ Crypto/Secret/Shadow Finance: Be The Bank® Series "Private Lending" Program

Available at Amazon® and Google Play®

Legislator, Regulator & CEO Conformity Handbook: British Columbia (BC), Canada; Finance Sector Edition: Spring 2020

Available at Amazon® and Google Play®