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M
ortgage Appraisal Specialist Micro-Credential Program
Bundle

Description

Appraisals play an important role in mortgage financing, helping lenders understand the value of a property and make informed lending decisions. While mortgage professionals are not expected to be licensed appraisers, having a strong understanding of the appraisal process can help them better support their clients, communicate with lenders and identify potential issues throughout a transaction.

The Mortgage Appraisal Specialist Micro-Credential provides mortgage professionals with practical knowledge of the appraisal process from start to finish. Through five focused courses, the program explores the fundamentals of appraisals, who performs them and how they are ordered, the methods used to determine property value, how to read and analyze an appraisal report, and the key considerations brokers should understand when managing an appraisal.

Earning this micro-credential demonstrates a commitment to developing expertise beyond the fundamentals of mortgage brokering. It provides a recognized way to showcase specialized knowledge of mortgage appraisals while strengthening the practical skills needed to guide clients through the appraisal process with confidence and professionalism.

What You'll Gain

By earning the Mortgage Appraisal Specialist Micro-Credential, you will strengthen your ability to:

  • Understand the purpose of an appraisal and its role in the mortgage process.
  • Distinguish an appraisal from other types of property valuations.
  • Understand who is qualified to perform appraisals in Canada and how appraisals are ordered.
  • Recognize the different valuation products that may be requested by lenders.
  • Understand the key methods and approaches appraisers use to determine property value.
  • Explain how the Direct Comparison Approach is used in mortgage financing.
  • Read and analyze the key sections of an appraisal report and identify important information.
  • Set appropriate client expectations and submit complete, accurate appraisal orders.
  • Help homeowners prepare for an appraisal inspection.
  • Navigate situations where the appraised value is lower than expected.
  • Demonstrate specialized knowledge of mortgage appraisals through an MPC micro-credential.


Total PD Hours: 2.5 hours

  • Continuing Education
  • Micro-credential
  • 2.5 PD Hours
  • Bundle
  • English

Pricing

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  • Continuing Education
  • Micro-credential
  • 2.5 PD Hours
  • Bundle
  • English

Course Policies

Please review the micro-credential course policies and learner code of conduct before registering. 

Course Content

  1. Introduction to Appraisals — 0.5 hours
    Build a strong foundation in mortgage appraisals. Learn what an appraisal is, why it is required, who pays for it and how it differs from other types of property valuations your clients may encounter.


  2. Who Performs Appraisals & How They're Ordered? — 0.5 hours
    Understand who is qualified to perform appraisals in Canada, the role of intermediaries that connect appraisers with lenders and brokers, and the different valuation products a lender may request.


  3. Appraisal Methods and Approaches — 0.5 hours
    Explore how appraisers gather property information and the three primary valuation methodologies they use. Take a closer look at the Direct Comparison Approach and the process appraisers follow when applying this commonly used method for mortgage financing.


  4. Reading and Analyzing an Appraisal Report — 0.5 hours
    Learn how to navigate an appraisal report section by section, understand what the information communicates and identify the areas that are most important to a mortgage professional.


  5. Key Information for Brokers — 0.5 hours
    Put your appraisal knowledge into practice. Learn how to set client expectations, submit a complete appraisal order, prepare homeowners for the inspection and navigate situations where the appraised value comes in lower than expected.

Earn Your Micro-Credential

Complete all five courses to earn the Mortgage Appraisal Specialist Micro-Credential, demonstrating your specialized knowledge of the appraisal process and your ability to confidently support clients throughout this important stage of a mortgage transaction.

Total PD Hours: 2.5 hours


Your Micro-Credential Badge

Your Mortgage Appraisal Specialist badge will be available by early September. Once available, you'll be able to download your personalized badge directly from the My Activities page in your MPC account and use it to showcase your achievement and specialized expertise.