Course Overview

The Mortgage Brokerage in British Columbia course is the only course specifically designed to satisfy the minimum educational requirements to become registered with the Financial Institutions Commission (FICOM) Registrar of Mortgage Brokers as sub-mortgage broker in British Columbia. The course develops a thorough understanding of mortgage financing fundamentals and techniques that will enable you to handle complex mortgage problems. For detailed course content information, please view the Table of Contents and the Course Regulations.

This blended learning course allows you to register at any time. While the course is flexible in order to meet the needs of busy adult learners, it provides just enough structure to ensure high quality learning (for example, in order to provide for a minimum level of familiarity with the curriculum and for a reasonable expectation of success on the final examination, assignments may be submitted on a pace that is no greater than 2 assignments per week beginning on the Course Registration Date). You must complete all course assignments within one year of registration in the course and also pass a final examination. Regularly scheduled exams take place at various times throughout the year throughout the province (exams must be written in Canada) and your first registration is included with the course tuition fee. You may also choose to take your exam at the computerized exam centre (CEC) at UBC for an additional fee.

Pre-requisites & Language Proficiency Requirement (LPR)

English is the language of contracts in British Columbia and the language of instruction in the Real Estate Division's courses. In order to ensure that registrants are competent to communicate in English, with other registrants and consumers, a language proficiency requirement has been required by the Financial Institutions Commission of British Columbia since 1994. While there are no pre-requisites to register in the course, the LPR must be satisfied before you can register for an exam. For more information on LPR exemptions or the LPI examination, view How to Satisfy the Language Proficiency Requirement. Students should also note that all of the Real Estate Division’s courses have some level of mathematical calculations required. This course has material that contains detailed financial calculations which require a financial calculator.

After the Course

Completing the Mortgage Brokerage in British Columbia Course satisfies the minimum educational requirements for registration as a sub-mortgage broker in British Columbia and will qualify you to work for a registered mortgage broker. To apply to become a mortgage broker (with the ability to hire sub-mortgage brokers), you must first be registered as a sub-mortgage broker.

For more information on mortgage broker requirements, please view the Financial Institutions Commission (FICOM)'s Registration Information or contact the FICOM Registrar of Mortgage Brokers at (604) 660-3395.

Quick Course Info

	Blended learning course with support
	One year to complete assignments
	Final exam required
	Tutor service and lectures included
	Tuition: $1,150

What's Included

	Manual, workbook, handbook, study guide
	Course Resources website
	Tutor service by phone and email
	Face-to-face lectures and workshops
	Online video and audio lectures
	1st regularly scheduled exam registration