The Phase II – In-Class component of the OMBEP builds on the knowledge and skills that presented in the Phase I (online) component, using practical examples. In class, you’ll get to interact with other program participants and learn from everyone’s experiences. The program facilitator, with the assistance of industry practitioners, guides you through the “real world” application of the Act and Regulations at the brokerage level. Open discussion, interactive activities, and fact-based scenarios provide an eye-opening view of the compliance management responsibilities of a brokerage.
Next Session:
Date: January 20-24
Time: 9 AM - 5 PM
Location: ZOOM Virtual Classes
PHASE II IN-CLASS
Register for the Phase II in-class portion of the
Ontario Mortgage Broker Education Program.
$0
For more information on course policies, content and to review frequently asked questions, click on "More Details" for your desired registration option above.
After April 1, 2023, individuals can apply for a mortgage broker licence if they have been licensed for a total of at least 24 of the last 36 months as a mortgage agent (agent level 1 or agent level 2) before applying for the broker licence.
Individuals will need to confirm that they have successfully completed the Ontario Mortgage Broker Education Program in the three years before applying for the mortgage broker licence as well as the Private Mortgages Course by March 31, 2024.
Visit FSRA's website for more information.
Click here to find out details from FSRA's Fireside Chat* regarding the new requirements for licensing in Ontario.
*This discussion took place June 2023 and some of the questions relate to the transition period ending March 31, 2024.