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Ontario Mortgage Broker Education Program

Full completion of Phase I – Online is a mandatory pre-requisite for registration into a Phase II – In-Class session.

Phase II In-Class

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: June 17 - 21
Time: 9 AM - 5 PM
Location: Virtual Classes via ZOOM 

 

Review the Course and Cancellation Policies prior to registering.

PHASE II IN-CLASS

Register for the Phase II in-class portion of the
Ontario Mortgage Broker Education Program in-class.

More Details

 

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For more information on course policies, content and to review frequently asked questions, click on "More Details" for your desired registration option above.

About the Class

  • Session registration is available on a first-come, first-served basis. Space is limited – register early!
  • Both in-person and virtual classes run from Monday to Friday.
  • Arrive on time! Class begins at 9:00 am and runs until 5:00 pm.
  • Attendance on all days – for the whole day – is mandatory.
  • Individuals who miss class due to lateness or leaving early may not be permitted to write the exam!

 

About Registration

  • Registration closes once room capacity is reached, or 2 (two) weeks prior to the session start date.
  • If a session is full, you may email to request a spot on a “wait list” in the event of cancellations. We cannot guarantee a spot for individuals on the wait list.
  • You must register for a Phase II session within 6 (six) months of your Phase I online course completion.
  • All program communication is through email: please ensure your online profile is up to date.
  • Cancellations and transfers are subject to conditions and may incur an administration fee – please review the Policies and FAQ for more information.

Important note about new licensing requirements

 

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.

FAQ with FSRA

 

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.

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