Quebec AMF Broker Practice Questions - AMF Mortgage Broker Qualification Examination (Quebec) Exam

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Before a client enters into a mortgage agreement, a mortgage broker must disclose all fees and charges related to their services. When must this disclosure primarily occur?

Before the client accepts the broker's services and before any mortgage application or commitment is made. Only upon the client's specific request for a fee breakdown. Within 30 days of the initial mortgage application submission to the lender. At the time the mortgage loan is disbursed and final documents are signed.

Correct Answer:

Before the client accepts the broker's services and before any mortgage application or commitment is made.

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