Mortgage Broker Licencing

Mortgage Broker: A person who deals in mortgages, a person who holds himself or herself out as being able to provide services usually provided by a mortgage broker or a person who for profit finds mortgage money on behalf of others.
Corporate Applicant: If the applicant is a corporation, a copy of the Certificate of Incorporation issued under the Corporations Act is required. Contact the Registry of Companies of the Commercial Registration Division) for additional information.
Address for Service: The applicant shall indicate on the application a current Address for Service in the Province. A document sent or served to the applicant under the Mortgage Brokers Act or Regulations shall be considered to be sufficiently sent or served if delivered personally or mailed by registered mail to the licencee at the address for service stated in the application for licence.
Licence Fees: The licence fee for a mortgage broker's licence is $300.00.
Licence Term: Licences issued under the Mortgage Broker's Act remain in effect subject to the filing of annual reports and payment of an annual fee as prescribed by the Minister until it is withdrawn by the registered person or is suspended or cancelled under the Act. The annual filing due date is the last day of the month twelve (12) months from the effective date of the original licence.
Application: Applications can be mailed to this division's head office.