Mortgage Broker Fundamentals Part 1: Underwriting and Submitting for Approval

Title: Mortgage Brokers Fundamentals Part 1
Location: Delivered in an Interactive Zoom Environment
Start date: 16 May, 2023
Cost:$299.00 for members or $299.00 for non-members

About this course: 

The Mortgage Broker Fundamentals – Practical Applications Course is a class for new or aspiring brokers, and for persons who manage them. It provides practical knowledge and skills needed to function as a mortgage broker.

The course is split into two parts, the first part concerns practical matters a mortgage broker needs to know to operate in the field while the second addresses brokering practice requirements. The first part will make you a better and hopefully more successful broker. It will support what it takes for a broker to earn income. The second will protect you by better ensuring you are entitled to continue as a broker and to keep the income you earn. It will help keep you out of trouble with your clients, the regulator, and the courts.

The course is taught by a variety of senior brokers, experts, and others with considerable knowledge of the topics they address. It is better that a student learns from a variety of perspectives and hears a variety of knowledgeable voices.

Format: Interactive Online Class
Dates: Tuesdays and Thursdays from 9:00AM-1:00PM on May 16, 17, 23, & 25 
Enrollment fees: $299 +GST

Part 1 includes:

  • an overview of the mortgage application process
  • an examination of underwriting parameters (including the stress test)
  • a discussion of required income documentation (obtaining and reviewing)
  • a review of credit reports (obtaining and reviewing)
  • a review of price and valuation documents (obtaining and reviewing)
  • a discussion of how to underwrite for approval
  • a discussion of what to do after approval is obtained
  • a discussion of high ratio mortgage qualifications and requirements
  • an examination of a private mortgage alternative to high ratio financing
  • a review of common application submission platforms including Lendesk, Newton Velocity, and Finastra
  • a review of client retainer agreements
  • a review of how to terminate a client
  • a discussion of how to shop a deal
  • an examination of title insurance

Thank you to our Sponsor:

Click here to learn more and register for Part 2: Conducting Business in a Way that Meets Regulatory Requirements

Questions? Please contact Ray Basi at

Interested in sponsorship opportunities? Please contact Victoria Tennant at