This
course is offered in English. Please note that language requirements for
licensing, examinations, and communications with the Autorité des marchés
financiers (AMF) may be subject to the provisions of Québec's Charter of the
French Language. Learners are responsible for confirming their eligibility to
receive services, examinations, or communications in English with the AMF. For
more information, please visit the AMF Charter of the French Language.
Complete MBQ101 – Mortgage Brokering in Quebec, the required education program for individuals preparing to take the Autorité des marchés financiers (AMF) mortgage broker licensing examination. This intensive online self-study program provides the Quebec-specific knowledge and preparation you need to work toward mortgage broker licensing in the province.
Build your understanding of Quebec mortgage brokerage requirements, ethics and professional practice while completing structured online modules and required readings from AMF manuals designed to prepare you for the licensing process.
MBQ101 – Mortgage Brokering in Quebec combines structured online learning with required readings from AMF manuals to help you develop the knowledge and professional competencies needed to prepare for mortgage broker licensing in Quebec. The program covers mortgage brokerage transactions, client needs, ethics and professional practice within Quebec’s regulatory environment.
Build your understanding of the Quebec mortgage brokerage environment, including the regulatory framework, professional responsibilities, ethical obligations and standards of conduct that apply to mortgage brokers.
Develop practical knowledge of mortgage products, applied mortgage mathematics, borrower qualification, real estate assets, mortgage applications and the steps involved in recommending, submitting and completing a mortgage transaction.
Apply your knowledge through required readings, online activities, knowledge checks and module tests designed to reinforce the competencies you will need as you prepare for the MPC program examination and the AMF mortgage broker qualification process.
MBQ101 is an intensive online self-study program. Before registering, review the prerequisites, study commitment, required AMF materials, completion timeline and examination requirements so you can plan appropriately for the program.
Find answers about program access, examination requirements, AMF licensing requirements, registration prerequisites, course timelines and what to expect after registering.
MBQ101 – Mortgage Brokering in Quebec provides Quebec-specific education on mortgage brokerage, applicable legislation and the professional responsibilities of a mortgage broker.
The online self-study program combines structured online modules with required readings from the AMF manuals E-116 Ethics and Professional Practice and E-611 Mortgage Brokerage. Knowledge checks, applied calculations, scenarios and problem-solving activities help reinforce the material and prepare you for the MPC program examination.
Module 0 – Navigating the Online Platform
Become familiar with the online learning environment and how to progress through the MBQ101 program.
Module 1 – Introduction to Mortgage Credit
Build a foundation in mortgage credit and the Quebec mortgage brokerage environment.
Module 2 – Mortgage Products and Mathematics Applied to Mortgage Credit
Explore mortgage products and apply the mathematical concepts used in mortgage brokerage.
Module 3 – Mortgage Credit Process and the Role of the Mortgage Broker
Learn how a mortgage transaction progresses and understand the responsibilities of the mortgage broker throughout the process.
Module 4 – The Borrower and Qualification
Develop the knowledge needed to assess borrowers and evaluate their mortgage financing needs.
Module 5 – Real Estate Assets
Learn about the real estate assets involved in mortgage transactions and the factors that affect mortgage financing.
Module 6 – Mortgage Applications, Recommendations and Submissions
Apply your knowledge to mortgage applications, recommendations and the submission process.
Module 7 – Facilitating the Closing Process
Understand the broker’s role in helping move an approved mortgage transaction through to completion.
Module 8 – Commercial Mortgages
Explore the fundamentals of commercial mortgage financing and how these transactions differ from residential mortgage lending.
MBQ101 – Mortgage Brokering in Quebec is required before you can become eligible to take the applicable mortgage broker licensing examination administered by the Autorité des marchés financiers (AMF).
Meet the Registration Prerequisites
Before registering for MBQ101, you must:
If you do not yet have an AMF client number, you must obtain one directly from the AMF before registering.
Complete the Online Modules
Interactive activities and knowledge checks are built into the online program. You must achieve a minimum grade of 80% on each end-of-module test before progressing to the next module.
All online modules must be completed before you can register for the MBQ101 final program examination.
Complete Your First Exam Attempt Within 90 Days
Your online modules and first final exam attempt must be completed within 90 days of your original registration date.
Pass the MBQ101 Program Examination
The MBQ101 final examination consists of 25 multiple-choice questions and has a 90-minute time limit. The examination is open book and the passing grade is 72%.
Exam Rewrites
Students have a maximum of three attempts to pass the final examination. A second attempt must be completed within one month of the first attempt and a third and final attempt must be completed within one month of the second attempt.
If you are unsuccessful after all three attempts, you must re-enrol in the MBQ101 program in full to continue.
Continue Through the AMF Licensing Process
Successfully completing MBQ101 satisfies the MPC education requirement associated with eligibility for the applicable AMF mortgage broker licensing examination. Additional qualification, examination and authorization requirements are administered by the AMF.
Language Requirements
MBQ101 is offered in English. Licensing examinations, communications and services provided by the AMF may be subject to Quebec’s Charter of the French Language. Learners are responsible for confirming their eligibility to receive AMF services or examinations in English.
For complete and current licensing requirements, visit the Autorité des marchés financiers .
Eligible Mortgage Professionals Canada members can receive a rebate of up to $500 after successfully completing the MBQ101 program and meeting the applicable membership requirements.
Eligibility is subject to the current Member Rebate criteria established by Mortgage Professionals Canada.
Before registering for MBQ101 – Mortgage Brokering in Quebec, please review the applicable MBQ101 Course Policies .
Program Access
Online modules are available immediately after registration. Students receive access to the program for 3 months and must complete their first final exam attempt within 90 days of registration.
Course Extensions
Up to two extensions of 2 months each may be requested before the course expiry date. Each extension is subject to a $75 plus tax fee.
Program Materials
Students receive electronic copies of the AMF manuals E-116 Ethics and Professional Practice and E-611 Mortgage Brokerage upon registration. The manuals must be studied together with the online modules.
Virtual Study Group
Students have access to an online Virtual Study Group where they can discuss course material with other learners and ask questions of program instructors.
Find answers about program access, exams, course materials, rewrites and completing the MBQ101 program.
You must achieve at least 80% on each end-of-module test and 72% on the final MBQ101 program examination.
Examination results are emailed within 5 business days of completing the final examination.
After successfully completing the program and final examination, you can download your certificate of completion from your online MPC profile.
Electronic copies of the required AMF manuals are available immediately after registration and can be accessed through the information provided with your registration.
Online module access is available immediately after registration. Your first examination attempt must be completed within 90 days of registration.
You have a maximum of three attempts to pass the final examination. A rewrite must be completed within one month of the previous exam attempt.
If you are unsuccessful after all three attempts, you must re-enrol in the MBQ101 program in full.
You must complete all required online modules, knowledge checks, learning activities and module tests before becoming eligible to take the final program examination. You must then achieve the required passing grade on the final examination.
No. MBQ101 registration cannot be transferred to another person or placed on hold. Review the course policies if you are unable to complete the program within the required timeframe.
MBQ101 is offered in English. Learners should confirm directly with the AMF whether they are eligible to receive licensing examinations, services or communications in English under Quebec’s applicable language requirements.
DEO101 – Déontologie et Pratique Professionnelle is designed for specific Quebec licensing and reinstatement situations. Depending on your experience and licensing history, this program may be more appropriate than MBQ101.
DEO101 is required for Quebec mortgage professionals reinstating a licence that has been expired for less than three years.
DEO101 is highly recommended for mortgage professionals licensed elsewhere in Canada who are seeking licensing in Quebec and preparing for the applicable AMF examination.
DEO101 is offered in French only.
See what students have said about their experience completing MBQ101 and preparing for the AMF mortgage broker licensing exams.
Very clear and easy to follow.
Great online platform to get through the modules.
Really good program and all details so to point of the program.
This program helped me understand the necessary materials for the AMF in a well-designed course with ample practice problems!
Having been registered in the only other Quebec course offered in English, this program should be the standard!