Licensed as a Mortgage Agent

Becoming Licensed as a Mortgage Agent

An individual who wishes to become licensed as a mortgage agent in Ontario must

Be 18 years of age or older,
Be a resident of Canada,
Have a mailing address in Ontario that can receive registered mail (not a post office box),
Be authorized by a Mortgage Brokerage to deal in mortgages,
Work for only one Mortgage Brokerage,
Meet the Mortgage Agent education requirements, and
Have a valid e-mail address (this is necessary for the application process).

Mortgage Agent Education Requirements

To meet the education requirements for a mortgage agent license, you must

Mortgage Agent Education Programs

The Superintendent has approved the following mortgage agent education programs for licensing purposes. Programs are provided commercially, and tuition fees are set by each program provider. All of these programs were developed using the same curriculum, but different providers may use different formats, such as classroom, correspondence, online, or a combination. All of these approved programs include a course of study followed by a final examination.

To learn more about Mortgage Agent Education Programs.(Information courtesy of Financial Services Commission of Ontario www.fsco.gov.on.ca).