A few weeks to three months in Ontario, several months in BC because of the course assignments, and three to nine months in Alberta across two courses and two exams.
The timeline depends on the province, because each one sets its own course and exam. Ontario is the fastest route: one approved course, one exam and an FSRA licence application, which most people finish in a few weeks to three months.
British Columbia takes several months, mainly because the course includes assignments as well as the exam. Alberta takes three to nine months, because new entrants complete two courses and two exams before the Real Estate Council of Alberta issues a licence.
In every province the application goes in through a licensed brokerage, so line one up while you study. That way the licence is not held up waiting for a decision after you pass.
A.I.M.I. Collective onboards licensed mortgage agents and brokers in BC, Alberta and Ontario. We do not sponsor the licensing course, but once you have passed the exam we will walk you through what a brokerage needs from you and what your first year looks like here.
The course, the exam, the sponsoring brokerage, the cost and the timeline in Ontario, BC and Alberta.
Every step, province by provinceUpgrade from Level 1 to Level 2 in Ontario: 12 months licensed, the Private Mortgages Course, no FSRA fee, and what Level 2 lets you do.
What mortgage agent and broker jobs in Canada actually are: commission not salary, licensed through a brokerage, and what to compare before you join one.
REMIC, Mortgage Professionals Canada, CMBA Ontario, Humber, UBC Sauder, AMBA and Alberta Real Estate School compared on price, format and exam rules.
Bring your questions to a discovery call and a broker owner will answer them directly.