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Newfoundland and Labrador Mortgage Broker Course (Online with E-Text)

NON-MEMBER
$375.00
COURSE TYPE
Licensing

This purchase option offers a promotional price and does not include a printed, hard-copy textbook.

Please read the Course and Cancellation Policies and the Learners Code of Conduct before registering.

Mortgage Professionals Canada is pleased to pleased to offer the Newfoundland & Labrador Mortgage Broker Course online. The course contains information specific to Newfoundland and Labrador's legislation, land registration and business practices.

NOTE: Current guidelines in Newfoundland and Labrador do not mandate specific education requirements in order to conduct mortgage brokering business. An individual who wishes to become a Mortgage Broker in Newfoundland and Labrador is advised to complete this course and exam to learn the industry basics and legislative requirements for conducting mortgage brokering business in the province. 

A financial calculator is NOT required for this course. 

Take up to six (6) months to complete this online course and exam. Exams must be written in Canada. 


MORE INFORMATION

COURSE POLICIES COURSE CONTENT FAQ

Please make sure to read the Course and Cancellation Policies and the Learners Code of Conduct prior to registering for the course.

This course covers all the key topics, skills and knowledge necessary for you to successfully enter the industry as a mortgage agent. See below for the course syllabus:

PART 1: THE MORTGAGE INDUSTRY IN PERSPECTIVE

  • Module 1 - Overview of the Industry
  • Module 2 - Regulatory Framework
  • Module 3 - Legal Overview

PART 2: MORTGAGE MATHEMATICS

  • Module 4 - Mortgage Mathematics

PART 3: THE MORTGAGE PROCESS FROM A-Z

  • Module 5 - Understanding The Mortgage Process
  • Module 6 - Completing The Mortgage Application
  • Module 7 - Qualifying The Borrower
  • Module 8 - Mortgage Products, Related Products, And Submitting The Application
  • Module 9 - Appraisals
  • Module 10 - The Closing Process

PART 4: PROTECTING CONSUMERS & INCREASING INDUSTRY PROFESSIONALISM

  • Module 11 - Protecting Consumers & Increasing Industry Professionalism


Got a question? Try browsing our FAQ below for help. If your question is still not answered, please call us at 416-385-2333 x2610 for further assistance!

  1. What is the passing grade?
    60%

  2. What happens if I fail?
    Rewrites are free for scheduled exams at our MPC facilities. However, a fee of $75 would apply if booking an individual exam outside the GTA, or booking an online exam. You must re-write the exam within 6 months of receiving pass/fail email notification. If you fail a second time, you will need to re-enrol in the course.

  3. How do I book an exam and where can I write it?
    Online learners need to complete their course before an exam date can be booked. Once complete, learners will have access to the BOOK EXAM button on their My Activities page. For full details on examinations and testing sites, please visit our exam info page.

  4. Does the exam cost money?
    Online exams cost $75 and the in-person exam fee is $100.

  5. How can I request a rewrite and how many rewrites do I get?
    Email exams@mpc.ca to schedule a re-write within 6 months of receiving your grade. Only 1 rewrite is permitted. If you fail the rewrite, re-enrolment would be required to continue with your studies.

  6. When do I get access to my online program?
    Online access is available immediately upon registration. Students can either download their e-textbook from their online course or use the link provided to them in their emailed registration receipt.

  7. Can I place a hold on my course, or transfer my registration to another person?
    No. However, exceptions may be made if requests are submitted to the Education Department by email for review.

 

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Mortgage Professionals Canada

2005 Sheppard Avenue East, Suite 401
Toronto, ON M2J 5B4

1-888-442-4625

1-888-759-2840

info@mpc.ca