This course covers all the Mortgage Agent Qualifying Standards (MAQS) identified by the regulator, the Financial Services Commission of Ontario (FSCO). The course provides those wishing to become licensed Mortgage Agents in Ontario an understanding of the mortgage brokerage industry and an ability to perform the Agent's role in the mortgage application process. The course also covers the legislation which governs the industry; the role of the Agent in consumer protection; and ethical decision-making.
Those who successfully complete this course will have met the educational requirements for licensing by the regulator, the Financial Services Commission of Ontario (FSCO) as a Mortgage Agent in Ontario. All of the competencies (Mortgage Agent Qualifying Standards), or "MAQs" identified as critical by the regulator have been addressed in this offering.
The following information was taken from the FSCO website:
A Mortgage Agent is an individual who carries out mortgage activities for a mortgage brokerage under the supervision of a licensed Mortgage Broker.
In order to be a licensed Mortgage Agent, you 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 or have met the Mortgage Agent education requirements
• have a valid email address
*The Mortgage Brokerage must apply to FSCO for your mortgage agent license.
For complete requirements for registration as a licensed Mortgage Agent- please visit the Financial Services Commission of Ontario (FSCO) website at:
The minimum passing grade for this course is 60%.
Students must obtain a minimum 60% on the final exam.
We are currently maintaining a waitlist for this course. If you would like your name added to the waitlist, please contact the Registration Call Centre at 905.721.3000.
Unfortunately, registration is no longer available for this course. Please check the upcoming semester or feel free to browse our website for other courses of interest. You may also click on the link above this course on the course detail page to be notified when a new class is added.
We are currently maintaining a waitlist for this course. If you would like your name added to the waitlist, please contact Enrolment Services at 905.721.3000.
|10280||12-MAY-20 to 18-AUG-20||12:00 am - 12:01 am||42||Online||$367.60|
|10360||08-SEP-20 to 15-DEC-20||12:00 am - 12:01 am||42||Online||$367.60|