BC Sub-mortgage Broker Practice Questions - BC Mortgage Broker (Sub-mortgage Broker) Course Exam

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When advertising mortgage services, what is a fundamental requirement for a licensed mortgage broker or sub-mortgage broker under BCFSA regulations?

Only advertise fixed-rate mortgages. Ensure all advertising is clear, accurate, and not misleading. Obtain BCFSA pre-approval for all advertisements. Include a disclaimer that interest rates are subject to change without notice.

Correct Answer:

Ensure all advertising is clear, accurate, and not misleading.

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