Mortgage Agent Program

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:
www.fsco.gov.on.ca

The minimum passing grade for this course is 60%.
Students must obtain a minimum 60% on the final exam.