Not exact matches
What started as a mortgage
brokerage in 1969 has since ballooned into a complicated mass of direct - to - consumer mortgage
brokers in B.C., Alberta and Ontario, as well as a mortgage investment corporation (MIC) that raises capital from private investors to issue
loans.
Even though a
loan broker may review loads of financial information each day, the smaller details of their own
brokerage's money matters are often overlooked.
Running a commercial
loan brokerage business can be very rewarding and profitable, but it could also be a struggle if a commercial
loan broker falls in to some of the bad habits that we see in the market today.
Most independent business
loan brokers have more leeway in adjusting their fees up or down than those
brokers employed by
brokerage firms.
Business
loan brokers who prefer to work on their own might want to consider opening their own businesses and start making inroads with commercial lenders, as well as bringing over previous clients to help build their own portfolio without the lion's share going to the
brokerage firm.
Business
loan brokers can work for a
brokerage firm, or they can strike out on their own and act as independent agents — getting hired by businesses that require specialized types of financing.
5 Big Mistakes A Commercial
Loan Broker Can Make Running a commercial loan brokerage business can be very rewarding and profitable, but it could also be a struggle if a commercial loan broker falls in to some of the ba
Loan Broker Can Make Running a commercial
loan brokerage business can be very rewarding and profitable, but it could also be a struggle if a commercial loan broker falls in to some of the ba
loan brokerage business can be very rewarding and profitable, but it could also be a struggle if a commercial
loan broker falls in to some of the ba
loan broker falls in to some of the bad...
In their defense, dealers say that it's a fair return for a
brokerage job and that many
brokers use markups when dealing with other different kind of
loans.
A mortgage
broker is allowed to open a
brokerage but an agent has to maintain their license selling
loans.
The author discussed the recent price wars among
brokerage firms, noting that Interactive
Brokers provides the best price improvement on trades in the industry and is the leader in low cost margin
loans.
When an investor purchases an account on margin in the expectation that the share value will rise, or shorts a security on the expectation that share price will decline, and share prices go against the investor, the
brokerage firm will send out a margin call requiring that the investor add additional funds or marketable securities to the account to protect the
broker's
loan.
The interest rate on margin balances with my
broker is 1.58 % right now, so I could borrow another 12K, withdraw my 24K from my
brokerage account, and significantly pay down some of my private student
loan debt and in fact pay off some of the debt with the highest interest rate.
yes, this was general practice at my older
brokerage, who is no longer in business — things have a way of working themselves out...... but I still get pressure at my
broker now who does
loans..