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100: Why B/Private Business Should Be a Focus for Brokers with Mark Eade
Commission Breath | For Mortgage Brokers & Loan Officers
32 minutes 30 seconds
7 months ago
100: Why B/Private Business Should Be a Focus for Brokers with Mark Eade
MODERN MORTGAGE BROKER BROADCAST CHANNEL
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EPISODE DESCRIPTION
In this episode, Brandon and Tom are joined by Mark Eade. Mark is a Mortgage Broker at Key Mortgage Partners from Burlington, Ontario, who's built his business with relationships from B and private mortgages. Mark is also apart of BFT Mortgage Investment Corporation, an investment and lending company designed specifically for mortgage lending (primarily residential mortgages). Their business model is focused solely on working with registered and licensed mortgage brokers in order to fund first and second residential and commercial mortgages in the Golden Horseshoe.
Mark is here to discuss:→ How he got into mortgages, the difference between now and 2008, and how he builds client loyalty with "B" and private files.→ Current bottlenecks on the "A" side like slow turn-around times & rates, TD's new set-up & lender disconnect, and the race to the bottom when it comes to broker compensation.→ Using private deals to create personal wealth, how a broker can lend their own money, and Mark's MIC.
BFT Mortgage Investment Corp. Website: www.bftmic.com
Mark Eade's Email: mark@eademortgages.ca
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Commission Breath | For Mortgage Brokers & Loan Officers