The BC mortgage broker course and exam: what to expect, and how it's changing.

UBC Sauder School of Business's Real Estate Division, through its Licensing Education program, is the institution BCFSA recognizes for mortgage broker licensing education in BC. It's the same division that delivers BC's real estate trading services, property management, and broker's licensing courses, so mortgage education sits inside a broader BCFSA-recognized curriculum rather than a standalone private-school offering.

That matters if you're comparing options: courses from tutoring companies or unrelated providers won't satisfy BCFSA's registration requirement on their own, no matter how the marketing reads.

The course is a blended-learning program: self-paced assignments you work through over a defined registration window, followed by a final examination once the assignment set is complete. Exams are scheduled several times a year at locations around BC, with a computerized option available at UBC's Vancouver campus.

BCFSA and UBC Sauder publish the specific fees, deadlines, and format details directly — go to UBC Sauder's course page for current information before you register, rather than a third-party tutoring site.

• →A Diploma in Urban Land Economics, or its three core courses (Real Property Law & Ethics, Foundations of Real Estate Mathematics, and Real Estate Finance in a Canadian Context), completed in the last 10 years.
• →A four-year Bachelor of Commerce degree with a specialization in Real Estate, completed in the last 10 years.
• →The Examination Challenge Option, available to individuals with significant mortgage industry experience who receive written confirmation from the Registrar — this allows challenging the final exam directly, without completing the full assignment set.
• →The Mortgage Brokerage Supplemental Course, for individuals already licensed with BCFSA or who recently completed former real estate services education, who want to add mortgage broker registration.

Each path has its own eligibility conditions set by BCFSA's Registrar, so confirm which one applies to you before enrolling in anything. Our course selection guide walks through how to weigh the options.

Yes. As part of BC's transition from the Mortgage Brokers Act to the Mortgage Services Act, UBC Sauder's Real Estate Division is phasing out the current Mortgage Brokerage in British Columbia course. The last day to register in that course was July 15, 2026, and a new Mortgage Services Licensing Course launched August 4, 2026, built around the MSA's new licence levels and categories.

Course materials, practice questions, and instructor-led sessions come bundled with registration — UBC Sauder explicitly recommends using those included resources rather than paying an external tutoring company, several of which the Real Estate Division has flagged for making unsupported claims about pass rates and guarantees.

Once you're registered and working through it, pair the coursework with a look at the full BC registration path so you know what comes next once you pass — lining up a sponsoring brokerage can happen in parallel with your studies.