How to Become a Mortgage Professional in Canada

1. Become Educated

Complete the entry-level educational requirements in your province.

Provinces use different terminology to refer to mortgage brokering professionals, such as: agent, associate, salesperson, submortgage broker. Refer to each province for the correct licensing/registration information and requirements.

Select your province to choose the entry-level course:

2. Get Hired

Find a company/brokerage that suits your needs. Ask questions about training, work style, support and business goals.

Find a company using the Mortgage Professionals Member Directory:

You can also browse our job board for listings:

3. Get Licensed/Registered

Your company/brokerage will begin the licensing/registration process with you. Complete the application forms, get licensed/registered, and start your exciting new career!

4. Get Working

• Build your business! Start advertising, networking, building referral sources and providing sound mortgage advice to your customers.

• Stay up-to-date with lenders’ products and policies and ensure compliance with regulatory requirements.

• Keep learning! Access education opportunities and attend industry events.

Here are some opportunities to grow:

5. Get Accredited (optional)

Consider differentiating yourself by working towards an industry-specific professional designation, such as the Accredited Mortgage Professional of Canada (AMPC).

6. Take it to the Next Level (optional)

Take your career to the next level by upgrading your licence/registration (where applicable):

• Accrue a minimum of two (2) years’ experience as a licensed/registered mortgage professional

• Complete the senior/broker-level educational requirements

• Upgrade your licence/registration status

Each province has its own unique requirements for license/registration level upgrades, if applicable. Visit the provincial regulator for more information:

7. Make Your Mark (optional)

Expanding your professional footprint and capacity. For example, you can:

• Hire an assistant

• Build and manage a team

• Start your own brokerage

8. Give Back (optional)

Share your knowledge and participate in the continuous improvement of the profession. Why not:

• Lead a team

• Mentor new industry participants

• Present at industry events and/or education sessions

• Join an industry committee

* Source: Bank of Canada