AMP for Brokers


Qualifications for Brokers to become an Accredited Mortgage Professional

(Mortgage Originators including Associates, Agents, Salespersons and Submortgage Brokers)

  • Membership: be employed by a Mortgage Professionals Canada member company - Not yet a member?
  • Licensing/Registration*: be licensed or registered as a mortgage broker, agent, submortgage broker, associate or salesperson in province(s) of operation AND carry Errors and Omissions (E&O) insurance coverage.
  • Experience:
    • Residential
      • Mortgage Originator Applicants - must have completed a minimum of 24 funded deals per year for each of the past two years.
      • Management and Compliance Applicants - must have overseen a minimum of 100 deals per year for each of the past two years. This category includes those responsible for deal oversight including team leads, hub-underwriters and other review roles.
    • Commercial
      • Mortgage Originator Applicants - must have completed a minimum of 15 funded commercial deals with a minimum total value of $10 million for each of the past two years.
  • Reference Letters: provide two letters of recommendation; one from an employer, one from a lender; at least one letter must be from a current AMP; at least one must confirm experience requirement.
  • National Competency Exam: successfully complete an in-person National Competency Exam, administered by the University of British Columbia, Sauder School of Business; achieving a minimum grade of 70%.

* If an education component is not a requirement for licensing/registration in a province, the AMP applicant must show proof of completion of a proficiency course equivalent to entry-level licensing education in another province. The term ‘broker’ is used as a general term representing licensed originators in the brokerage channel; titles by province may vary.

For questions, please contact amp@MortgageProsCan.ca

AMP for Brokers