Compliance
compliancekəm-plī′əns
noun
- The act of complying with a wish, request, or demand; acquiescence.
- Willingness to follow a prescribed course of treatment.
- A disposition or tendency to yield to the will of others.
In the mortgage industry compliance is a necessary part of business. On one side it is about doing what is right for your clients and on the other side it is about adhering to the rules and standards as set forth by our local licensing body. It’s not just a cool song by Muse.
I see my role with clients similarly to how a fiduciary would act in the financial planning field. That means I work for the clients to help them secure the financing that makes the most sense to them and as a result of a job well done I receive compensation as a result. Those who put clients in products or services as they will receive more commission are not acting in the clients best interest.
Full disclosure for me with clients means they know the details about the products, if it I a fit and my potential compensation. Yes this is a business, but by working for the client the commission only comes as a result of a job well done.
Today I am thankful for a great conversation with an old friend, some new financial advice from my investment advisor and lunch with my son today.
I look forward to hearing from you in regard to your mortgage needs.
Patrick
p.s- You can click on this link to start the process whenever you are ready. Schedule your meeting with me here.
p.s.s- I should tell you that I am licensed in Nova Scotia Brokerage (2021-3000179) Broker (2021-3000180), Ontario(M18001555) & in British Columbia(BCFSA #504098).
p.s.s.s You can download my new mortgage app here
