In order to be licensed under the new Mortgage Brokerages, Lenders and Administrators Act, 2006, Mortgage Brokers and Mortgage Agents must meet or be exempt from Broker/Agent education requirements.
Information for Mortgage Brokers and Mortgage Agents:
New Approved Mortgage Agent Education Programs- Mortgage Agent Education & Equivalency Requirements (until June 30, 2008) (PDF)
- New Regulation on Conditional Licence
- Mortgage Broker Education & Equivalency Requirements (until June 30, 2008) (PDF)
- Frequently Asked Questions on Transition (Advance Application Period)
- Mortgage Agent courses approved for the purposes of transition
- Mortgage Broker Qualifying Standards
- Mortgage Agent Qualifying Standards
Information for potential/current education providers:
- Mortgage Broker Education – Request for Proposals now available on MERX
- Course Approval Process (Transition)
- Criteria for Approving New Mortgage Agent Education Programs under the Mortgage Brokerages, Lenders and Administrators Act, 2006
- Mortgage Agent Qualifying Standards (MAQS)
- Concordance Table Template - MAQS
- Questions and Answers
Financial Services Commission of Ontario