Citation & Credit: https://www.fsco.gov.on.ca/en/mortgage/pages/education_ma.aspx
◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣
Download a pdf version of the study books at www.coursetreelearning.com
◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣◥◤◢◣
Becoming Licensed as a Mortgage Agent
The content on this web page has moved to www.fsrao.ca. Visit https://www.fsrao.ca/industry/mortgage-brokering-sector/how-become-licensed-mortgage-agent to update your bookmarks.
An individual who wishes to become licensed as a mortgage agent in Ontario must
be 18 years of age or older,
be a resident of Canada,
have a mailing address in Ontario that can receive registered mail (not a post office box),
be authorized by a Mortgage Brokerage to deal in mortgages,
work for only one Mortgage Brokerage,
meet the Mortgage Agent education requirements, and
have a valid e-mail address (this is necessary for the application process).
Mortgage Agent Education Requirements
To meet the education requirements for a mortgage agent license, you must
successfully complete one of the mortgage agent education programs that have been approved by the Superintendent, FSCO
and apply for a mortgage agent licence within two years of successfully completing one of the approved mortgage agent education programs.
Mortgage Agent Education Programs
The Superintendent has approved the following mortgage agent education programs for licensing purposes. Programs are provided commercially, and tuition fees are set by each program provider. All of these programs were developed using the same curriculum, but different providers may use different formats, such as classroom, correspondence, online, or a combination. All of these approved programs include a course of study followed by a final examination.
MPC's Ontario Mortgage Agent Course provided by Mortgage Professionals Canada (MPC)
CMBA Mortgage Agent Course provided by the Canadian Mortgage Brokers Association - Ontario (CMBA)
Mortgage Agent Program provided by community college members of OntarioLearn:
Algonquin College
Cambrian College
Canadore College
Centennial College
Collège Boréal
Confederation College
Durham College
Fanshawe College
Fleming College
George Brown College
Humber College
La Cité collégiale (offers services in French)
Lambton College
Mohawk College
Niagara College
Northern College
Sault College
Seneca College
St.Lawrence College
REMIC Mortgage Agent Course provided by the Real Estate and Mortgage Institute of Canada Inc. (REMIC)
The Superintendent has approved these following mortgage agent education programs for licensing purposes. Programs are provided commercially, and tuition fees are set by each program provider. All of these programs were developed using the same curriculum, but different providers may use different formats, such as classroom, correspondence, online, or a combination. All of these approved programs include a course of study followed by a final examination.