“The [Mortgage Broker] course was useless, boring and easy. Seriously, it’s a joke.”

A newly minted Mortgage Broker, Marco911, describes the course and the exam over a series of posts at RE Talks, starting on Mon Nov 02, 2009 10:09 pm -

“I just finished my [Mortgage Broker] course a few days ago. Three weeks of my life I will never get back. … There is only one official mortgage broker course, [in order] to become licensed, offered through UBC. It is very similar to the Real Estate course that Sauder offers. The requirements to write the exam, and the course itself, was beyond easy. This means the mortgage industry is not concerned about saturation, which makes me wonder what duty they serve to the existing mortgage broker community (the answer is inherent). … The course was useless, boring and easy. You need a 65 and I managed to get 98. Seriously, it’s a joke. … I am not going to do anything special with the course for a while. Once my house is finished and I’ve settled a few issues with some investments I’m going to start a business plan so that in 2 years I can run my own brokerage. We’ll see what happens.”