BC Mortgage Broker Course
Becoming a professional member of colleagues in association with the Mortgage Brokers Act allows you to work with clients to arrange loans. The topics outlined in the BCFSA (BC Financial Services Authority).
An overview of how it works
The fundamentals of both Mortgage Math and Law are an essential foundation for aspiring mortgage brokers to complete this exam. We teach the course in a simplified way so you can pass your exam so you can start your career with confidence.
You will be learning about the principles of accounting, financial statements, and the various estates in land with UBC Sauder School Of Business. The Mortgage Brokers Act and professional ethics are critical elements in your licensing requirements. You will be required to be of good reputation and at least 19 years of age. As this is a correspondence course, it can be challenging to stay on track.
Mortgage Broker course curriculum and what’s included
The first step is registering with the University Of British Columbia, UBC as a Mortgage Broker. To expedite the licensing process, 20 assignments will need to be submitted. Although the math section can be intimidating, Alisha Ilaender has simplified interest calculations, rate types, and all the possible variables.
A calculator introduction for PRET students to keep the methodology simple and fun. Each class has been designed using our Online Learning Management System (LMS) which includes visual and auditory learning styles so that you can go as slow or as fast as you want.
When you begin the Mortgage Broker course you will be learning new terms such as stare decisis, president, nominal rates, present value, the future value of a loan, and interest rate conversions. We are with you every step of the way.
“In economic uncertainty, immigration, and real world situations; people need stability. This comes with jobs such as Mortgage Broker, Strata Manager, and Property Manager. People need homes and the legislation allows for employees to have a distinctive learning experience both pre and post-licensing.” – Shane Ilaender
Our learning system is based on in-person meetings at PRETs Mortgage Broker Training Center located at 2099 Lougheed Hwy. A123, Port Coquitlam. Live Zoom classes are also held at the same time between 6:00 PM – 8:00 PM, and pre-recorded videos are between 3 min – 8 min available online.
The language is simplified as opposed to the complexity of the correspondence material provided by UBC. Sometimes having a class for 2 hours is too much. This is why we have created shorter video explanations for each talking point which optimizes the learning experience for our students.
About Pass Real Estate Today (PRET)
PRET was founded in 2019 and has been on a mission of improving the licensing process and lives of professionals in the Real Estate community. Employers are empowered to have skilled and talented employees on the first day.
Job placement along with interview potential interview questions for various lending firms and underwriters is part of our strategy for success. PRET works with all the top mortgage brokers to help you land on your feet and pass the UBC exam. The mock exams with math examples and explanations take your passing time frame down to 3 months.
Over-the-shoulder support with dedicated tutoring
We stand by your side even if it takes longer. If you have a question, we can show you the math explanation and the formula needed quickly. Don’t be worried about the math, we have made this fun instead of scary. And If life gets in the way and it takes a little longer than 3 months, we’re with you every step of the way. Here are a few of the topics we will be covering with the Mortgage Broker course.
Sample class slide show
What are some of the topics covered in this course?
- Background Of Our Legal System in BC
- Three Types Of Law In BC
- Judicial Decisions – Principle of Stare Decisis
- Pre-Trial Process – Procedure For Bringing a Claim
- Enforcement of a Judgment
- Appealing a Decision in BC
- The Mortgage Brokers Act and Professional Ethics
- RESA Requirements For Licensing
- Activities Requiring a License
- Trading Services, Property Management & Strata Management
- Discipline and Enforcement
- Estates and Interests in Land
- Introduction to Mortgage Law
- Legislation over Mortgages
- Principles of Accounting
- Financial Statements
- Income Tax
- Calculator Introduction
- Interest Calculations
- Interest Rate Types
- Legislation & Loan Examples
- Management of Individual Loans
- Mortgage Loan Repayment and Refinancing Options
- Direct Comparison (Comparative) and Cost Approaches of Appraisal
- Mortgage Brokering: Blending Theory and Practice
Compatibility for your device
Our Learning Management System (LMS) has been designed to have short pre-made video’s on each segment of learning, built for all devices. This gives you access at any time on your apple, android phone with any browser like chrome, firefox, safari, and others. There are also mock exams and quizzes for each chapter.
Some of our students prefer to study only the math segments. We have created a section dedicated to the Mortgage Math Chapters. The material provided by UBC is updated and written in a way that makes it easy to remember by using visuals. The modules contain real life exam questions that can be taken as many times as you like.
What would be included?
- Online access to your student dashboard
- Visual slides to all chapters in our modules
- Explanations to practice questions, assignments, quizzes, and mock exams
- Tutor study guide exam prep
- Job placement and interview guidance
- Our full dedication and support during your pre-licensing
Getting started as a Mortgage Broker
UBC Sauder School of Business
UBC Support – 604-822-8444
PRET Support With Alisha & Shane – 778-240-1919
PRET Mortgage Broker Course Login
UBC Will then send you access to their dashboard with your student number. A textbook will be sent to you and once logged in, you can download a pdf with the course material to your computer or phone. Your instructors, Shane & can then show you how to submit your assignments and stay the track to pass the exam in a matter of weeks with the PRETs easy-to-understand system.