This 42-hour course has been accredited by the industry regulator, the Financial Services Commission of Ontario (FSCO), as meeting the educational requirements for licensing as a Mortgage Agent. It covers all the Mortgage Agent Qualifying Standards (MAQs) identified by FSCO; it provides those wishing to become licensed Mortgage Agents in Ontario with an understanding of the mortgage brokerage industry and an ability to perform the Agent's role in the mortgage application process. The course also covers the legislation which governs the industry; the role of the Agent in consumer protection; and ethical decision-making.
Students who successfully complete MAP100 need to be employed by a Mortgage Brokerage in order to become licensed as a Mortgage Agent. Only the Mortgage Brokerage who employs you may apply to FSCO for your Mortgage Agent License. For further details about licensing requirements, please refer to the FSCO website: www.fsco.gov.on.ca