Maintain Your AMP
Requirements to Maintain Your AMP Designation
1) Continuing Education Requirements
Complete 12 Continuing Education units each year, four of which must be from the following compulsory categories:
- Regulatory Compliance
- Fraud Avoidance
- Housing and Mortgage Economics
- Advertising and Marketing Standards
For more information on the Continuing Education requirements, access online courses or to view the Continuing Education Program Guidelines - click here.
To view all mortgage education course offerings - click here.
2) Experience Requirements
must have completed a minimum of 24 funded deals per year for each of the past two years.
must have completed a minimum of 15 funded commercial deals with a minimum total value of $10 million for each of the past two years.
Management and Compliance
must have overseen a minimum of 100 deals per year for each of the past two years. This category includes those responsible for deal oversight including team leads, hub-underwriters and other review roles.
You will receive an Annual Attestation confirming the above-mentioned requirements have been met. Please complete it within two weeks. Supporting documentation may be requested upon audit.
3) Submit your AMP fees upon your respective annual renewal date
If you have any questions, please contact amp@MortgageProsCan.ca