Private Mortgage

The Canadian Mortgage Brokers Association (CMBA)’s 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.

Participants must successfully pass the final examination by achieving at least a 70 percent score out of 50 multiple choice questions. Results are provided within three business days.

What You’ll Learn

• Education and competency requirements that better align with activities in the mortgage market.
• Enhanced consumer protection as borrowers and lenders or investors receive appropriate levels of information and recommendations to make informed decisions relevant to their mortgages or mortgage investments.
• Enhanced confidence in the mortgage brokering industry as licensees are prepared for their career in the mortgage brokering sector.