Haven't taken your course yet? Start here.
Choosing the right course, passing it, and starting your first deals on Day 1 is a journey. We've walked it 100 times.
We help you choose between Mortgage Agent Level 1 (REMIC, MPC) and Level 2 — most start with Level 1.
Study group with agents in the same cohort. Weekly Q&A with our Broker Manager on the toughest content.
We pre-onboard you so the day you pass, your portal is ready and your first leads are queued.
Course reimbursement: we pay you back for the cost of your course after 12 months as a licensed Mortgage Squad Advisors agent.
What Level 1 actually gets you: in Ontario, FSRA's Mortgage Agent Level 1 licence lets you arrange most residential mortgages with institutional lenders — banks, credit unions, monolines and trust companies — under a brokerage's supervision. What it does not authorize is dealing in private mortgages; that requires Level 2, which needs an FSRA-approved Level 2 course and a qualifying period of licensed experience. Almost everyone starts at Level 1, and there is no advantage in trying to skip it.
The sequence is straightforward and worth knowing before you pay for anything: complete an FSRA-approved Level 1 course, pass it, and then be authorized by a licensed brokerage — you cannot hold a licence in isolation, which is why choosing the brokerage is part of choosing the course, not a step that comes afterwards. Requirements and approved providers are published by FSRA and can change, so confirm the current ones there before you enrol.
Where most people lose momentum is the gap between passing and producing. We close it by pre-onboarding you while you study: your agent portal and SEO-optimized subdomain are ready to switch on, your first training block is already booked on the calendar, and you join the study group and the weekly Q&A with our Broker Manager before you are licensed rather than after.
Outside Ontario the regulator and the titles change — Alberta, British Columbia, Quebec and the Atlantic provinces each license separately, and BC's Mortgage Services Act and Quebec's probationary rules both changed in autumn 2026. If you are licensing outside Ontario, work from your own regulator's current page.
Highlights
- Guidance on Level 1 vs Level 2 and choosing an FSRA-approved provider
- Study group with agents in your cohort
- Weekly Q&A with our Broker Manager on the hardest content
- Pre-onboarded while you study — portal ready the day you pass
- Course cost reimbursed after 12 months as a licensed agent
- Straight into the first-90-days model once you're licensed
Frequently asked questions
What licence do I need to become a mortgage agent in Ontario?
A Mortgage Agent Level 1 licence, which requires an FSRA-approved Level 1 course and authorization by a licensed brokerage. Level 1 covers most residential mortgages with institutional lenders; dealing in private mortgages requires Level 2, which adds a further FSRA-approved course and a qualifying period of licensed experience.
Should I take Level 1 or Level 2 first?
Level 1. It is the entry licence and the one nearly every agent starts on — Level 2 has an experience requirement you cannot satisfy before you have been licensed. See our full breakdown of Level 1 vs Level 2 for what each one authorizes.
Do I need a brokerage before I finish my course?
You need one to be licensed at all, so it is worth choosing early rather than treating it as a step after the exam. We pre-onboard aspiring agents while they study, so your portal, subdomain and first training block are ready the day you pass instead of weeks later.
How much does the mortgage agent course cost, and do you cover it?
Course fees are set by the FSRA-approved provider you choose, not by us. We reimburse the full cost after 12 months as a licensed Mortgage Squad Advisors agent.
How long does it take to become a licensed mortgage agent?
It depends on the provider and how fast you work through the material, since the Level 1 course is self-paced with most providers. FSRA publishes the current requirements and approved providers — confirm timelines there before you enrol.
Can I start the process if I'm licensing outside Ontario?
Yes, though the regulator and the job titles differ by province — Ontario uses agent Level 1, Level 2 and broker, while most other provinces use a two-tier associate-and-broker model. Work from your own provincial regulator's current page, particularly in British Columbia and Quebec, where the rules changed in autumn 2026.