Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I am currently enrolled in a mortgage agent course, but it won’t be complete until after June 30, 2009. Will I lose my mortgage agent licence?

April 26, 2017agent COMPLETE course Currently Enrolled june 30 2009 licence lose mortgage

0

Posted

I am currently enrolled in a mortgage agent course, but it won’t be complete until after June 30, 2009. Will I lose my mortgage agent licence?

1 Answer

0

Posted

Yes, FSCO requires all individuals with conditional mortgage agent licences to successfully complete an approved mortgage agent course by June 30, 2009. This is a licensing requirement that was communicated to you when your conditional mortgage agent licence was issued in 2008. If you don’t complete the education course in time, you will no longer be authorized to deal or trade in mortgages on behalf of your mortgage brokerage after June 30, 2009.