Annual pass rates are available for all exams administered by the AMF. The table shows the number of exams administered for each sector, as well as the pass rates for the initial attempt (test 1), and second and third attempts (tests 2 and 3).

If an exam is administered to 5 or fewer candidates, only the pass rate is shown. Care should be taken when interpreting the data for exams administered to fewer than 30 candidates, as the pass rate may not be representative due to the effect of extreme values on small numbers.

Statistics – Exam pass rates

April 1^st, 2023 to March 31^st, 2024

Mortgage Brokerage

Competency	Test 1	Tests 2 and 3
16-116 Set up an ethical professional practice in compliance with the rules governing mortgage brokerage.	Number of candidates: 478 Pass Rate: 69%	Number of candidates: 163 Pass Rate: 57%
16-117 Set up an ethical professional practice in compliance with the rules governing the management of a mortgage brokerage firm.	Number of candidates: 115 Pass Rate: 86%	Number of candidates: 9* Pass Rate: 78%
16-611 Complete a mortgage brokerage transaction suited to the client’s situation and needs.	Number of candidates: 477 Pass Rate: 73%	Number of candidates: 142 Pass Rate: 55%

^{* These data should be interpreted carefully, given that only a small number of candidates wrote this exam.}