Mortgage Agent- S2025
Course Information
Code
FIN1403
Name
Section/
Program
Chris Loughran
CRN 51083
Douglas A. Smith Family School of Business
School
Professor Contact Information
Name
Chris Loughran
Phone
N/A
Email
Class Time
and
Locations:
Room #
chris.loughran@cambriancollege.ca
Monday: Room: 1658
8:30pm to 11:20am
Assignment #1
Assignment #2
10%
10%
Applied Activity #1
Applied Activity #2
Applied Activity #3
Applied Activity #4
10%
10%
10%
10%
Midterm Exam
Final Exam
Total
1|Page
N/A
20%
20%
________
100%
Mortgage Agent- S2025
This is a living document: Flexibility to accommodate work periods and group meetings with Professors
Week
1
Date
Details and Deadlines
 Course Introduction
 Chapter 1 – Market Overview
 Chapter 2 – Basic Mortgage Concepts

May 5th
2

May 12th
3

May 19th



4

May 26th



5

June 2nd



6

June 9th




Chapter 3 – Advanced Mortgage Concepts
Chapter 4 – Property Ownership in Ontario


2|Page
Chapter 5- Regulation and Legislation
Chapter 6 – Transaction Overview
Assignment #1 due May 19th in-class
Chapter 7 – Insurance in the Mortgage Industry
Chapter 8 – Credit and Lending Criteria
Chapter 9 – Underwriting Process
Chapter 10 – Financial Calculations
Applied Activity #1 – Due June 2nd in-class
Chapter 11 – The Mortgage Application Process
Chapter 12 – Application Analysis Borrower Documents
DUE:
MID-TERM EXAM in-class
Mortgage Agent- S2025
7

June 16th



8

9

June 23rd
June 30th
10

July 7th
Chapter 13 – Property Assessment
and Appraisal
Chapter 14 – Loan-To-Value and
Mortgage Insurance
Applied Activity #2 – Due June 16th
in-class

READING WEEK – NO CLASSES


Chapter 15 – Understanding Amortization
Chapter 16 – Interest Rate and Payment Types




Chapter 17 – Prepayment and Penalties
Chapter 18 – Mortgage Renewals and Refinancing
Applied Activity #3 – Due July 7th in-class
11

July 14th


Chapter 19 – Private Mortgages
Chapter 20 – Mortgage Fraud
12

July 21st



13

July 28th


Chapter 21 – Ethical Responsibilities in Mortgage Brokering
Chapter 22 – Regulatory Compliance in Mortgage Brokering
Applied Activity #4 – Due July 21st in-class
Chapter 23 – Trends and Innovations in the Mortgage Industry
Assignment #2 due July 28th in-class
3|Page
Mortgage Agent- S2025
14

15

4|Page
August 4th
August 11th

Exam Review

DUE:
FINAL EXAM – August 11th – in-class