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

According to the Mortgage Brokers Act, what is the primary role of an individual licensed as a 'sub-mortgage broker'?

To directly lend money to clients. To act on behalf of a licensed mortgage broker. To administer mortgage payments. To provide legal advice on mortgage contracts.

Correct Answer:

To act on behalf of a licensed mortgage broker.

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