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Mortgage broker course

Mortgage Brokerage in British Columbia Course

Facts checked 7 September 2026

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Part of the route toMortgage Broker·Course / Exam Prep

A licensing course teaching mortgage financing, loan underwriting math, and provincial lending regulations.

How long
2–4 months
Cost
About $1,500 for the whole program
Schools
1 in BC

Ways to get this paid for

Government money that can cover this course. Check who qualifies before you pay.

Free adult upgrading

Free

Grade 11 and 12 courses and English classes are free at public colleges and school districts. This covers the Grade 11 and 12 prerequisite courses, not the program itself.

Details

Canada Training Credit

Half your tuition back, up to $5,000 in your life

Federal tax credit. $250 a year builds up from age 26. Claim it on your tax return.

Details

THE ROUTE

How this program works, step by step

Grade 11 to the job. Open any step to see what is inside.

The route (8 steps)

BC Route
1Grade 11 Preparation
2Grade 12 Graduation
3Admissions & Prerequisites
4Application Process
5Program Curriculum
6Where to Take It
7Licensing & Certification
8Career Destination

For the best view, open the map full screen.

STEP BY STEP

Step by step

The same route as the map, as a list.

1

Step 1 of 8

Grade 11

⏱ 1 school year
  • General BC secondary school curriculum and coursework at the Grade 11 level.
2

Step 2 of 8

Grade 12

⏱ 1 school year
  • General high school graduation (BC Dogwood Diploma) or equivalent mature student status.
3

Step 3 of 8

What you need to get in

  • Minimum 19 years of age
  • Canadian citizenship, permanent residency, or valid work permit
  • English Language Proficiency Requirement (ELPR) satisfied
  • Suitable character check under the BC Mortgage Brokers Act
4

Step 4 of 8

How to apply

  • Enrol online with the UBC Sauder School of Business Real Estate Division
  • Open enrolment year-round with flexible start dates
  • Pay tuition fee of $1,150 to $1,450 CAD
5

Step 5 of 8

Mortgage broker course

⏱ 2–4 months
  • Self-paced distance education course with 20 graded assignments
  • Mortgage Brokers Act and regulatory framework governing mortgage origination
  • Residential and commercial underwriting, debt service ratios, and credit report analysis
  • Fixed and variable interest rate calculation, penalties, and loan structuring
  • Mortgage broker ethics, conflict of interest disclosures, and consumer protection laws
6

Step 6 of 8

Where to take it

⏱ 1 school in BC
  • UBC Sauder School of Business (Real Estate Division) — 2–4 months (About $1,500 for the whole program)
7

Step 7 of 8

Exams and registration after

  • BC Mortgage Brokerage Licensing Examination (3 hours, 70% passing mark)
  • Registration as a Sub-Mortgage Broker with the BC Financial Services Authority (BCFSA)
8

Step 8 of 8

Leads to: Mortgage Broker

  • Explore Mortgage Broker wages, job outlook, and career pathways

SCHOOLS

Where you can take this(1 school)

Compare tuitions, campus locations, and delivery formats across approved institutions in British Columbia.

🏢
University

UBC Sauder School of Business (Real Estate Division)

Vancouver & Online across BC

Duration2–4 months
TuitionAbout $1,500 for the whole program

Tuition changes every year. Confirm on the school's page. Last checked 8 September 2026.

DeliveryOnline / Distance
“The official statutory qualifying course for BCFSA sub-mortgage broker registration. Covers mortgage underwriting, mathematical calculations, and BC lending law.”

Official Sources

Last verified · September 2026