Key takeaways
- →Registration for the current UBC Sauder Mortgage Brokerage in BC course closed on July 15, 2026 — it is no longer available to new registrants.
- →Anyone who registered for that course before it closed has until July 15, 2027 to write the final exam.
- →The new Mortgage Services Licensing Course opens for registration on August 4, 2026, with its first exam sitting on October 13, 2026, and carries no separate transition-education requirement.
- →A new applicant starting today should plan around the new course, not the closed one.
As of this writing, a new applicant asking “how do I become a mortgage broker in BC?” is standing at a genuine fork in the road. The course that has trained BC mortgage brokers for years, UBC Sauder's Mortgage Brokerage in British Columbia course, stopped accepting new registrants on July 15, 2026. Its replacement, built for the MSA framework, opens for registration in a matter of days.
This piece lays out exactly where each path stands right now, so a new applicant knows which one actually applies to them.
01 · What are the two entry paths for new BC applicants right now?
Prospective new applicants during the transition period have had two possible paths: enrol in the current Mortgage Brokerage in BC course before its registration closed, or wait for the new Mortgage Services Licensing Course. As of today, only one of those paths is still open to someone starting from scratch.
02 · What happens to anyone already enrolled in the current course?
The last day to register for the current Mortgage Brokerage in BC course was July 15, 2026 — that registration window has now closed to new applicants. Anyone who registered before that date can still write the final exam, with exam sittings available until July 15, 2027.
Registrants on this path still need to separately complete MSA transition education (see what current registrants must do) before applying to be licensed once they've passed — passing the exam alone doesn't complete the picture under the new framework.
03 · What is the new Mortgage Services Licensing Course, and when does it open?
The new Mortgage Services Licensing Course opens for registration on August 4, 2026, with its first exam sitting on October 13, 2026 — the same day the MSA itself comes into force. This course is built for the MSA framework directly and carries no separate transition-education requirement layered on top.
04 · Which path should a new applicant actually plan around today?
Anyone starting from scratch today should plan around the new Mortgage Services Licensing Course — the older course is closed to new registrants and only relevant to people who got in before July 15, 2026. For the fees attached to each path, see BC Mortgage Licence Fees and Costs.
Once licensed, the operational side of the job starts — see how Treadstone works with Canadian mortgage professionals to scale without hiring, and see Treadstone's Canadian Mortgage Underwriting Course waitlist for the skill layer that comes next.
Plan the licence path, then the growth path
Once you're licensed, the next question is capacity.
Treadstone helps newly licensed BC mortgage brokers handle file volume without a first hire, so the licence converts into producing files sooner rather than later.
Frequently asked questions
This article is general information to help you scale — not a substitute for tailored advice on your specific business, licensing, or compliance obligations. All figures are illustrative examples for planning purposes; actual costs vary by province, market, and brokerage.