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The Mortgage Associates Licensing Program (MAP)is available in two delivery formats: online and in-class. Course materials and costs are the same for both delivery formats, so the main factors in deciding which would suit you best are: the type of learning environment you prefer, scheduling and your location.
If you have any additional questons in regards to the Mortgage Associates Program, please contact Samantha Gill at education@amba.ca. |
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Fees & Costs
The cost for both in-class and online programs is $1150 + $125 (Exam).
This program fee includes the student manual, appendices binder, a worksheets binder (inclass only), and one year free membership with the Alberta Mortgage Brokers Association (restrictions may apply).
Other costs may include:
- Transcripts: approx $10 - $20
- International credential assessments: approx $100 - $200
- Criminal record check (for licensing purposes): approx $25 - $50
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In-Class Program
Learners can participate in the in-class program in Edmonton and Calgary. The in-class program is an excellent arena for class and group discussions, meeting and networking with those who may be working with you in the mortgage industry in the future, and for speaking with the instructors who are subject matter experts in the field.
The course consists of 72 hours of classroom time, which can be completed in three weeks (full-time) or two months (part-time evenings). Learners can choose to write the Provincial Qualifying Exam immediately after completion of the course, or any time after completion as long as the exam, and re-write (if necessary), are written within one year of course start date.
Note: Minimum 70% attendance in class is required to be eligible to write the Provincial Qualifying Exam.
Finish in 3 weeks (full-time day):
Classes run Monday - Thursday, 9 AM to 4 PM.
Classes may also run Monday-Friday 9 AM to 4 PM for fast track classes.
Finish in 2 months (part-time evening):
Classes run Mondays & Wednesdays, 3 hours in the evening
Both locations will require some Saturdays, 9 AM to 4 PM.
How do I register for in-class MAP?
Once your application has been approved by AMBA, contact one of the colleges
below to register for in-class MAP.
Where do I pay for the course?
Payment is accepted at time of registration at the college of choice. |
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Calgary:
Mt. Royal University
Lincoln Park Campus
4825 Mt. Royal Gate SW
Calgary, AB
Web: MAP Information
E-mail: cebusiness@mtroyal.ca
Phone: 403.440.7707/403.440-3833
toll-free 1.888.392.3655
Start Dates:
- July 26, 2010 - Aug 12, 2010(FT)
- Sept 20, 2010 - Oct 7, 2010 (FT)
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Edmonton:
Grant MacEwan University
City Centre Campus
10700-104 Ave
Edmonton, Ab T5J 4S2
Web: MAP Information
E-mail: mercerd2@macewan.ca
Phone: 780-633-3546 780-633-3546
Start Dates:
- May 3, 2010 - May 20, 2010 (FT)
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Online Program
The online MAP provides learners throughout the province with access to the licensing program via the web. Independent study may be a suitable option for you if you do not live near a delivery institution in Calgary or Edmonton, if you are unable to attend classes, if you feel you have a strong background in the industry or for other reasons.
Is distance education for me?
This format includes the same content as in-class MAP in a graphics-rich, narrated presentation. Learners can follow along with the narration on every presentation slide with easy to read slide notes, or just listen to the narrated lesson while following the bulleted text and helpful graphics on the presentation slide.
Click here to see screen shots of the online program. |
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Chapter review quizzes follow each chapter and require a passing grade of 70% to allow access to the next chapter. Note: A minimum grade of 70% on each of the chapter quizzes is required to be eligible to write the Provincial Qualifying Exam.
Learners can choose to write the Provincial Qualifying Exam immediately after completion of the course, or any time after completion as long as the exam, and re-write (if necessary), are written within one year of course start date.
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Technical Requirements
Those wishing to register for the online course will require the following computer specifications:
- Internet access
- Internet Explorer browser (*The course will NOT operate properly in Mozilla Firefox)
- PC Computer (ie: Macintosh computers may experience difficulty in running Internet Explorer)
- Sound card and speakers
- Adobe Flash Viewer 8 or above
Course Materials:
Students enrolled in online study will receive the same student manual and appendix of sample documents as students enrolled in classroom study. These will be provided in downloadable PDF format. They will also receive a Mortgage Tables Book for mortgage math calculating (which will be sent by mail), as well as a one-year membership with AMBA once they have been licensed with a brokerage house, provided that brokerage house is a member in good standing with AMBA.
Tutoring and Support:
Students with questions regarding course content may direct enquiries to AMBA Education & Professional Development at (403) 685-9652 (403) 685-9652 or jlee@amba.ca. Questions will be addressed at AMBA or directed to the appropriate instructor. |
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How do I register for online MAP?
Registration for the online program is ongoing. Once your pre-requisite documents
have been approved by AMBA, you will receive an email notifying you of your AMBA
ID and password, as well as a link to the training site. Follow the link to pay the
course fee and begin your training.
Where do I pay for the course?
Payment is accepted once logged onto the training site with credit card or PayPal.
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Screenshots
Presentations have narration, slide notes, graphics and bulleted, easy to read text.
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Is Distance Education for Me?
Distance Learning Self-Assessment
Below are a few questions that reflect some of the facts about taking distance education courses and that you may want to ask yourself if you are considering independent study.
1. Do you need to take this course now?
Sometimes distance education students may neglect courses because of personal or professional circumstances, unless they have compelling reasons for taking the course.
2. Is feeling that you are part of a class important to you?
Some students prefer the independence of distance education courses; others find it uncomfortable. Some find immediate support of classmates or an instructor helpful for learning.
3. How would you classify your work habits?
Distance education courses give students greater freedom of scheduling, but they can require more self-discipline than on-campus classes.
4. How important is classroom discussion to you?
Some people learn best by interacting with other students and instructors in person, but distance education courses often do not provide much opportunity for this type of interaction.
5. How dependent are you on oral directions and explanations?
Distance education courses require you to work from written directions without face-to-face instruction.
6. Do you need immediate feedback on assignments?
It may take as long as two weeks to get comments back by mail from your instructor.
7. How much time do you have to work on a distance education course?
Distance education courses may require at least as much time as on-campus courses.
8. Do you learn well by reading?
Printed materials are the primary source of directions and information in distance education courses.
9. Do you have access to necessary equipment?
To benefit fully from a distance education course the student must have convenient access to appropriate equipment.
10. What kind of environment suits your learning style?
Distance education offers the ultimate in an unstructured learning environment, where the student is not bound to classroom schedules and procedures.
Used with permission, copyright Palm Beach Community College, South Campus, Boca Raton, Florida. |
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Some steps you can take to best improve your chances for success are:
- Set aside a specific time in your day to work on the course.
- Find ways to motivate yourself in times when you may feel like putting off studying.
- Ensure that your environment during times of study is free of distractions such as telephones, television, chores, etc.
- Let your family and friends know when you have set aside time for studying so you will have fewer disruptions.
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Course Outline
Chapter 1 The Mortgage Associate
Chapter 2 Introduction to Real Estate
Chapter 3 The Real Estate Act
Chapter 4 Legislation and Land Law Affecting Mortgages
Chapter 5 The Mortgage Document
Chapter 6 Types of Mortgages
Chapter 7 Hi-Ratio Mortgage Insurance
Chapter 8 Mortgage Funds
Chapter 9 Automated Mortgage Insurance
Chapter 10 Credit Bureaus
Chapter 11 Title Insurance
Chapter 12 Mortgage Qualifying for Residential & Commercial Properties
Chapter 13 Detecting Fraud
Chapter 14 Valuation Process
Chapter 15 Mortgage Mathematics
Chapter 16 Using Mortgage Application Software / Computer Training
Chapter 17 Marketing, Advertising and Sales
Chapter 18 Business Ethics
Final Review
Provincial Qualifying Exam |
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