Get mortgage broker license canada

Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Please enter an answer in digits:. Automated page speed optimizations for fast site performance. Search for:. Be 18 years old and older Be a Canadian resident Have a mailing address where registered mail can be delivered Not a postal box. Fulfill the mortgage agent educational requirements Owned a mortgage agent license for at least two years Be duly authorized by a mortgage brokerage firm to deal in mortgages Work for only one mortgage brokerage firm at a time.

Enrol in Programs. Lawrence College. Apply for a License. Successfully complete the mortgage agent course within 2 years before applying for a license. Get some clients and work for a mortgage brokerage firm as a mortgage agent for at least 2 years. Finally, apply for your mortgage broker license. Other Accreditations. Author Recent Posts. Foster Mendez. I'm Foster M, and I am here to share the right information that will get you out of legal issues. Unlike many, I know what it feels like almost to lose everything.

I have been there. Luckily, I got help and advice from the right people that helped me a lot in getting my life back on track. Today, I aim at ensuring that as much as possible, I should help others in getting their lives back! There are many brokerages that are hiring both full and part time mortgage agents, and offer everything from web sites to full training and ongoing support. You need to be aware that there are different standards of training and support.

In other words, while a brokerage says it offers great training, it may not be as great as you want it to be. So what can you do? Choosing a great brokerage is definitely an important step in the process to getting your mortgage brokers license. In addition REMIC is the only educational provider that offers a free job placement assistance program. This program will help you choose a brokerage that you feel is right for you. Click here to read them all. To help pay for that policy the brokerage typically charges every agent and broker to be covered under their policy.

This can cost a few hundred dollars per year. Be aware that some brokerages will also have additional fees. These may include registration fees, training fees, marketing fees and so on. Using our list of questions to ask when being interviewed by a brokerage will definitely help you understand the differences in brokerages.