Description
The New Brunswick Mortgage Broker Education Program is required by the Financial and Consumer Services Commission of New Brunswick (FCNB) for Mortgage Broker licensing under the Mortgage Brokers Act. For full broker licensing requirements, please visit FCNB's website.
The New Brunswick Mortgage Broker Education Program is designed in line with the FCNB-mandated curriculum as set forth by the Qualifying Standards for Mortgage Brokers (QSMB). FCNB developed the QSMB with the assistance of education experts and through extensive industry consultation, ensuring that the standards align with actual practice.
This program has a different focus than the mortgage associate course. It is based on the skills and knowledge required to effectively supervise associates and to ensure the brokerage complies with all applicable rules.
The Program focuses on:
- Implementing policies and procedures to ensure brokers/associates comply with the Act and Regulations;
- Supervisory skills;
- Ethics;
- Conflict of interest; and
- Best practices.
Individuals applying for a Mortgage Broker license in New Brunswick must complete this course and pass an in-person exam at an approved testing centre. They must also demonstrate at least 24 months of experience in the last 36.
- Permis
- Nouveau-Brunswick
