MRS | RRSP Loans Online Toolbox

< BACK

RRSP LOANS ONLINE TOOLBOX

	Forms
	Loan application: Need a paper application form? Print this PDF file. Pre-authorized Debit (PAD) Agreement for Loans and Mortgage Loans Additional documentation for loans funded to a new plan: • Plan Applications Additional documentation for segregated fund loans: • Client Identification Certificate Additional documentation for transfer-in loans: • Letter of Authorization Politically Exposed Foreign Persons Declaration Form: Complete this form if your client answers “YES” to the politically exposed foreign persons question in section four of the loan application.
	:: Back to Top
	Facts
	Fact Sheet: The most important features and facts. How-to Guide: Online Loan Application This user-friendly step-by-step guide provides instructions on the online loan application process.
	:: Back to Top
	Calculators
	RRSP Loan Planner: Find out how an RRSP Loan could help boost your income at retirement. Does it pay to borrow? Compare an RRSP Loan to a Pre-authorized chequing plan. Loan Payment and Cost of Borrowing Calculator: Specifically designed to calculate cost of borrowing and loan payments. Negative Amortization Calculator: Calculate the triggering annual interest rate above which your client's periodic payment does not cover the interest due.
:: Back to Top

	Prospecting Tools
	Prospecting letter sample: Highlighting the importance of contributing to an RRSP and the benefits of an RRSP Loan. Download and tailor to your needs.
	:: Back to Top

	Additional Resources
	Link to Marketing Materials Library: Marketing materials online.
	:: Back to Top

Toolbox Tips:
•	Left click an icon to launch the file to view or use.
•	Right click inside the toolbox frame (select 'print' from pulldown menu) to print the toolbox.
•	Download the current edition of Adobe Acrobat reader to view all the information in the lending toolbox.
	:: Back to Top

RRSP Loans are provided by M.R.S. Trust Company ("MRS Trust"), a federally regulated trust company and an affiliate of Mackenzie Financial Corporation and MRS. The term "MRS" refers to any of M.R.S. Inc., M.R.S. Securities Services Inc. (member CIPF) and M.R.S. Correspondent Corporation.

Leverage Disclosure
Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only. If your client borrows money to purchase securities, your client’s responsibility to repay the loan and pay interest as required by the loan agreement remains the same, even if the value of the securities purchased declines. Please ensure that your client reads the Leverage Disclosure Statement within the loan agreement and that you discuss with your client the actual risks and potential benefits of borrowing money to purchase securities.