How to Become a Mortgage Professional in Canada

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:

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:

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

• 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:

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

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:

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

• Hire an assistant
• Build and manage a team
• Start your own brokerage

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

Here are some ways in which you can get involved:

* Source: Bank of Canada