The Program

The two-phased format of the Ontario Mortgage Broker Education Program (OMBEP) is prescribed by FSRA. The program focuses on the skills and knowledge required to hire and effectively supervise agents and to ensure that the brokerage complies with the Mortgage Brokerages, Lenders and Administrators Act, 2006, its Regulations, and prescribed requirements. It is also designed to meet both the Mortgage Broker Qualifying Standards (MBQS) and MBRCC's Managing Broker Program Competencies and Curriculum.  

OMBEP includes information on:

• Understanding the regulatory environment and the importance of promoting a collaborative relationship with the Regulator
• Implementing policies and procedures to ensure agents comply with the Act, its Regulations, and prescribed requirements
• Determining whether staff are acting ethically or unethically and determining the most appropriate action to take
• Dealing with, and protecting, clients
• Creating and implementing best practices

For more information on full broker licensing requirements, please visit FSRA's website.

Your Next Steps

1. Register for Phase I: Online today! You will receive your registration confirmation via email. Access your online modules immediately by clicking on "My Activities" once you're logged in.

2. Once you have successfully completed Phase I, you will be eligible to register for Phase II: In-Class. You must complete Phase I: Online before you can register for Phase II: In-Class! Click here to learn more about Phase II.

Registration
Pricing: $495.00