This is for those wishing to maintain their Mortgage Agent Level 2 or Broker licence.
CMBA offers existing brokers and agents the opportunity to write the Challenge Exam 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 3 business days.
There is no material to study in advance. The breakdown of exam 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
This is the online self-study course for individuals who are looking to obtain their Mortgage Agent Level 2 licence
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. 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 3 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.
You have to complete your review of the course and complete the exam within 6-months. All course details are on our website here: https://cmbaontario.ca/education/private-mortgages-course/
Price:
Member: $299 (HST exempt)
Non-Member: $349 (HST exempt)
This is the final examination to obtain your Mortgage Agent Level 2 licence, or to maintain your Broker licence
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 3 business days.
Register for one of our Facilitated Classes here!
This class is for individuals who are looking to obtain their Mortgage Agent Level 2 licence or maintain their Broker Licence (before April 1, 2024)
Price:
Member: $299 (HST exempt)
Non-Member: $349 (HST exempt)
Upcoming Classes:
- July 10-14: Virtual Classroom COMPLETED
- August 12-13 & 19-20 (2 consecutive weekends): Virtual Classroom COMPLETED
- August 21-25: Virtual Classroom CANCELLED
- September 7-8 & 14-15 (Thursday & Friday over 2 weeks): In-Person at CMBA's Head Office
- September 11-12 & 18-19 (Monday & Tuesday over 2 weeks): Virtual Classroom
- October 28-29 & November 4-5 (2 consecutive weekends), In-Person at CMBA's Head Office
- October 16-20: Virtual Classroom
- November 13-14 & 20-21 (Monday & Tuesday over 2 weeks): Virtual Classroom
- November 16-17 & 23-24 (Thursday & Friday over 2 weeks): In-Person at CMBA's Head Office
Note CMBA's Head Office is located at 40 Winges Road, Unit 7, Woodbridge, ON, L4L 6B2
All details on the Private Mortgages Course, including cancellation policy is located here: https://cmbaontario.ca/education/private-mortgages-course/