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Accredited Mortgage Agent Licensing Course: Work at your own pace

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IMPORTANT: All aspiring mortgage agents should enroll in this version of the course to complete the mandatory course to obtain their license.

The CMBA Accredited Mortgage Agent Course provides learners with the knowledge and skills they need to become effective mortgage agents holding the Mortgage Agent Level 1 licence. This course is accredited by the Financial Services Regulatory Authority of Ontario (FSRA), and adheres to the Mortgage Broker Regulators Council of Canada (MBRCC) accreditation standards.

Textbook is FREE to download! CMBA offers a digital textbook that is easy to navigate with embedded links and the ability to quickly search for content.

Course fee gives you access to: online course content covering 15 chapters, downloadable textbook, final examination online.

Timeline to successfully complete the course is 6-months.

Need more time?  Two x 2-month course extensions may be purchased, for up to a maximum of four months. 

Price: $365.00 (no HST) CAD

More information on the Mortgage Agent Course, including cancellation policy: https://cmbaontario.ca/mac/

Exam Results Only for Mortgage Agent Course

Self enrolment

Register here to receive email notification when your exam results are available. Results may take up to 10 days from the date your exam was written.

You will be notified of a pass or fail only. Documents should be saved to your personal computer for future use.

Please note that if you have rescheduled your exam more than twice or you are a NO Show a $75 fee will apply (No Exceptions)

Price: Free

Mortgage Agent Course Textbook (optional resource)

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Textbook is FREE to download! CMBA offers a digital textbook that is easy to navigate with embedded links and the ability to quickly search for content.

For an additional fee of $70.00 plus $20 shipping & handling fees plus HST, you may receive a printed copy of the textbook. Please allow up to 4 weeks for delivery, depending on availability.

Additional charges apply if your mailing address is outside of Ontario. Textbooks will only be shipped to an address in Canada. Please contact education@cmbaontario.ca for further information.

Course Extension (2 months)

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Price: $75 CAD plus HST
Note: This item can be purchased ONE time. As per regulatory guidelines, we can only allow 2 course extensions per attempt at the course. If you require a second extension after purchasing this extension, please purchase the below "Second Course Extension (2 months)

Second Course Extension (2 months)

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Price: $75 CAD plus HST
Note: Only purchase this item if you have already purchased the above Course Extension. If you are purchasing this Second Course Extension, please note that we cannot grant a THIRD EXTENSION. Additionally, please ensure that your course will be completed within 1 year of your initial purchase. If you would like to enquire how much time you have remaining to complete the course before purchasing this extension, please email education@cmbaontario.ca

Exam Re-write

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Price: $75 CAD plus HST

Out-of-Province Students please note:  Additional charges will apply for: textbooks, final exam and exam re-writes. Please contact education@cmbaontario.ca for further information.

As per FSRA regulations, students are only permitted to take the exam twice. Having failed twice, students must complete the course again in full.

Challenge Exam: Private Mortgages Course

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IMPORTANT: You must be ready to write the exam once you open this module. 

CMBA offers existing brokers and agent the opportunity to write the Challenge Exam in order to meet FSRA's new licensing requirements in effect on April 1, 2023. You must have five (5) or more years of continuous licensing to be able to write this exam.

You have one (1) opportunity to pass the Challenge Exam by achieving a minimum 80% grade. Results will be provided within 7 business days. Once you open this, you must complete the Challenge Exam within 3 days.

There is no material to study in advance. The breakdown of questions by topic is provided inside this module. Please carefully review all information in this module prior to writing the exam.

Price: 

Member: $175 + HST
Non-Member: $199 + HST

Private Mortgages Course

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IMPORTANT: All mortgage agents must enroll in this version of the course to complete the mandatory course to obtain their Level 2 license.

The CMBA Accredited Private Mortgages Course provides active mortgage agents in Ontario with the knowledge and skills they need to effectively transact with Private Lenders. This course is accredited by the Financial Services Regulatory Authority of Ontario (FSRA), and adheres to the Mortgage Broker Regulators Council of Canada (MBRCC) accreditation standards. You must successfully pass the final examination by achieving at least a 70% score out of 50 multiple choice questions. Results will be provided within 7 business days. 

An electronic textbook ("eBook") is available for download free of charge once you start the course. The eBook is approximately 90 pages long and includes all exercises, case studies, and appendices.

Students have 6 months from the date of registration to complete the course materials and their examination.  Two - 2 month course extensions may be purchased up to a maximum of four months. Exams must be written within 1 year of initial registration. If the course and exam cannot be completed within 1 year, you will be required to re-register for the course again at full cost.

Price: 

Member: $299 (HST exempt)
Non-Member: $349 (HST exempt)

Private Mortgages Course - FINAL EXAMINATION ONLY

Self enrolment

IMPORTANT: You must be ready to write the exam once you open this module. 

The final examination for the Private Mortgages Course is available only if you have already completed your review of the course material through the online course or in-class course options. A score of at least 70% on the examination is required to successfully complete the Private Mortgages Course. Results will be provided within 7 business days. You have 3 days to complete the examination once you open this module. 

Mortgage Broker Course

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If you are looking to get your Broker licence, this course is for you! This course is required to be completed by active agents who intend to obtain their broker license to be able to arrange mortgages for all mortgage lenders, including private individuals (i.e. private lenders), supervise mortgage agents, and can be appointed as the principal broker for a brokerage.


Delivered in Two-Parts 

Part 1: Online/Self-Study Component:

  • Review the legislation, regulation, and standards that all brokerages must follow to be compliant.

Part 2: In-Class Facilitated Instruction:

  • Hosted at CMBA Ontario's head office at 40 Winges Road, Unit 7, Woodbridge, Ontario, L4L 6B2. 
  • You will be guided by one of our qualified facilitators, who is also a licensed broker, over 2 consecutive weekends.
  • There is a Part 2 in-class course offering every quarter throughout the year.
  • You will be able to sign up for a class once you complete Part 1. 

Deadlines:

  • Once you purchase the Mortgage Broker Course, you have 6 months to complete Part 1
  • You must complete both Part 1 and Part 2 within 12 months from signing up for the Mortgage Broker Course. 
Cancellation Policy: Learners who wish to cancel the course after purchase will receive a refund minus a 25% admin fee. Refunds are not available if you have already attempted the Part 1 Exam. 

More details on the course, including an overview of Part 1 and Part 2 of the course are available on CMBA's website here: https://cmbaontario.ca/education/mortgage-broker-course/

Price: $495 HST Exempt