Example Course
This comprehensive course is designed for experienced BC mortgage brokers seeking to deepen their expertise in alternative and private lending solutions. In today’s dynamic market, understanding how to navigate complex client scenarios and access a broader range of financing options is crucial for success and for effectively serving a diverse clientele, including those who may not qualify through traditional A-lending channels.
Participants will gain a thorough understanding of the alternative and private lending landscape in British Columbia, including key lenders, product types, risk assessment, regulatory compliance, and best practices for structuring deals. This program will equip you with the knowledge and confidence to identify suitable scenarios, ethically advise clients, and successfully secure financing, thereby improving access to homeownership and investment for more British Columbians.
Target Audience: Licensed Mortgage Brokers in BC with foundational lending experience.
CE Credits: Eligible for 6 BCFSA-Approved CE Credits
Format: Self-Paced E-Learning with interactive modules, case studies, and downloadable resources.
Learning Objectives: Upon successful completion of this course, participants will be able to:
- Identify and differentiate various alternative and private lending products available in BC.
- Analyze complex client financial situations to determine suitability for non-traditional lending solutions.
- Understand the unique underwriting criteria and risk assessment methodologies used by alternative and private lenders.
- Navigate the regulatory and compliance requirements specific to alternative and private lending in British Columbia.
- Effectively structure and present deals to alternative and private lenders.
- Communicate the benefits, risks, and costs associated with these solutions to clients in a clear and ethical manner.
- Expand their professional network by understanding the key players in the alternative/private lending space.