The Private Mortgages Course is a new education requirement that mortgage agents must complete in order to upgrade their license to level 2 and be able to deal and trade in mortgages provided by lenders other than financial institutions and CMHC approved lenders under the National Housing Act, such as:
Mortgage agents and brokers must complete this course by March 31, 2024, as part of the Financial Services Regulatory Authority of Ontario's (FSRA) new licensing requirements.
Below is the licensing and experience requirements, effective as of April 1, 2023:
For information on the new licensing requirement transition that begins on April 1, 2023, please visit FSRA's website.
Click here for important information on education requirements to renew your licence!
IN-CLASS
Register for the Private Mortgages Course in-class.
$299 Members
$349 Non-Members
VIRTUAL CLASS
Register for the Private Mortgages Course virtual class.
$299 Members
$349 Non-Members
For more information on course policies, content and to review frequently asked questions, click on "More Details" for your desired registration option above.
The transition period will take place between April 1, 2023, and March 31, 2024.
Mortgage Agents - To transition to mortgage agent level 2, individuals must:
Mortgage Brokers - To maintain their mortgage broker licence, individuals must:
Mortgage Agents - To transition to mortgage agent level 2, individuals must:
Mortgage Brokers - To maintain their mortgage broker licence, individuals must:
Mortgage Agents - To transition to Mortgage Agent Level 2 must:
Mortgage Brokers - To maintain their mortgage broker licence, individuals must:
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.
