Mortgage Brokers Frequently Asked Questions

On July 1, 2008, the Mortgage Brokers Act was withdrawn and the Mortgage Brokerages, Lenders and Administrators Act, 2006 went into full effect. When the Act went into effect, all Mortgage Broker registrations expired, and all Mortgage Brokerages, Administrators, Brokers and Agents now require a licence to do business in Ontario.

To view frequently asked questions on the Act click on the links below:

The Act		Education/Experience
Mortgage Agent		Applying for a Licence
Mortgage Broker		Am I exempt?
Mortgage Brokerage		Licensing Requirements
Mortgage Administrator		Business Requirements
Real Estate Brokers/Agents		Records Management & Fees
PR and Advertising		AIR Forms and Financial Statements
Disclosure and Conflicts of Interest		Requirements for Supervision

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Mortgage Brokers Frequently Asked Questions

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