Mortgage
Broker Course
This course is required for all mortgage licensees in Ontario who want to upgrade to a mortgage broker licence. this challenging course will prepare you for the next phase of your career!
Google Rating
Based on 1861 reviews
Trusted by over 50,000 learners from
leading companies across Ontario
BENEFITS OF A
Mortgage Broker LICENCE
01
Advertise as a mortgage broker
The most prestigious title in the mortgage brokerage industry – get the recognition you deserve
02
Supervise a team of agents
ONLY a licensed mortgage broker may supervise agents – now you can lead a team and share your expertise!
03
Become a Principal Broker
The Principal Broker is responsible for everything compliance related and is highly regarded. Only a mortgage broker can be a Principal Broker.
registration options
For licensed mortgage agents only – Need the Mortgage Agent Course? Click Here
Online Course
- Over 60 hours of self-study in phase 1 and a 100-question exam in phase 2 that can be completed at your own pace.
- Instructor access
- Work at your own pace and finish fully online with up to 1 year access.
398CAD
No tax
More Info
Includes:
- Self-paced online study
- Direct message with instructor
- Online exam prep
- +All online resources
Live Webcast
- Over 60 hours of live webcast instruction and self-study in phase 1 and a 100-question exam in phase 2.
- Choose between a 5 day Mon-Fri (9 am to 5 pm) class or one day per week (9 am to 5 pm) over 5 weeks.
448CAD
No tax
- More Info
Includes:
- Live, scheduled webinar class
- Live interaction with your instructor
- Live online exam prep session
- +All online resources
In-Class Course
- Over 60 hours of live in-person instruction and self-study in phase 1 and a 100-question exam in phase 2.
- Choose between a 5-day Mon-Fri class (9 am to 5 pm) or one day per week (9 am to 5 pm) over 5 weeks.
488CAD
No tax
- More Info
Includes:
- In-person classes
- In-person instructor interaction
- In-person exam prep session
- +All online resources
Google Rating
Based on 1861 reviews
1 Year Enrollment
With full online access
60+ Hours
Course Instruction
60% Exam Grade
To pass the 100 Question Exam
3 Years
Valid for licensing
What Our Students
are Saying About us
Real-time google reviews
Google Rating
Based on 1861 reviews
Frequently Asked Questions
Popular FAQS
A mortgage broker is a professional who deals or trades in mortgages for a licensed mortgage brokerage. They may also be responsible for supervising the activities of one or more mortgage agents (levels 1 and 2).
The course is valid for licensing for 3 years from the date of completion.
Upgrading to a mortgage broker license has never been more convenient. Here is what you need to know about timing:
- Immediately: Registration is now open
- 1 year: Your registration length – you can finish in as little as a week or take up to 1 year
- 3 years: How long your certificate of completion is valid
- Anyone can take this course, but we highly recommend that you are already a licensed mortgage agent level 2
- To get licensed you must pass this course and be licensed for at least 24 of the past 36 months
You should upgrade your license for several reasons:
- Title: if you’re not a mortgage broker you have to market yourself as a mortgage agent level 1 or mortgage agent level 2.
- Knowledge: Knowing the legislation, best practices, and what you can and can’t do will help keep you on the right side of the law. Many contraventions are made due to a lack of understanding or knowledge.
- Opportunity: As a mortgage broker you can be the Principle Broker of a brokerage, the most important compliance role in a brokerage. You can also start your own brokerage and hire and supervise agents.
- Respect: Being a mortgage broker comes with the respect of the industry. We know how much goes into being a broker, from experience to knowledge. You deserve the respect!
In short, NO!
Your tuition includes:
- the course,
- access for up to one year,
- unlimited exam prep attempts,
- 2 examination attempts,
- Exam review analysis report
- a pdf manual,
- support,
- a live instructor,
- Message My Teacher in your course,
- and much more!
Fine print:
- If you fail your first examination attempt, there is as $25 rewrite fee for your second attempt
- Free pdf included; Hard textbook is $100
- Extensions from $50
The exam consists of:
- 100 multiple choice questions
- 3 hour time-limit
- 60% grade required to pass
- Exams are online, proctored
- Flexible daliy exam dates and times
- Free exam analysis report is provided to all students
