Mortgages & Mortgage Insurance
In the course Mortgages & Mortgages Insurance, we discuss the different types of mortgages and their attributes, how Canadians can qualify for a mortgage, the Home Buyers' Plan, the First-Home Savings Account, and the consequences of exiting a mortgage. On the insurance side, we discuss the types of life insurance available to mortgagees, and the required CMHC mortgage insurance.
We also compare what Canadians can do with excess savings: invest it or pay down their mortgage.
In order to receive CE credits, you will need to receive a mark of 9 out of 15 or higher on the quiz. This course qualifies for the following continuing education (CE) credits:
| Governing Body | Credit Hours | Category |
|---|---|---|
| AIC | 4.0 | Life only |
| CSF | 4.0 | Mutual Funds / Épargne Collective |
| FP Canada | 4.0 | Financial Planning |
| IAFE - The Institute | 4.0 | n/a |
| ICM | 2.0 | Life/A&S |
| ICS | 4.0 | n/a |
| IDD (CIRO) | 4.0 | Professional Development |
| Institut de Pl. Fin. | 2.0 | SFPA / PDOM |
| MFD (CIRO) | 4.0 | Professional Development |
This course may also qualify for CPA credit hours. More information about continuing education requirements is available here.