Mortgage agents who have an inactive licence can apply to reinstate their licence, with the Financial Services Regulatory Authority of Ontario (FSRA). The process differs depending on how many years the licence has been inactive.

About the reinstatement

If your mortgage agent licence expired less than two years ago, you can apply to have it reinstated. If your licence expired more than two years ago, you need to apply for a new mortgage agent licence. In both cases, your brokerage will need to submit the application.

To check your licence expiry date, please visit the Financial Services Regulatory Authority of Ontario's (FSRA) public registry. Please note that licences that expired more than two years ago are not displayed in the public registry. If your licence is not visible on the public registry, you will need to apply as a new agent.

Ready to reinstate (less than two years)?

To apply for your licence's reinstatement within the two-year period since it expired, your brokerage must initiate your application. A reinstatement application will be sent to you via email.

The fee for reinstating your mortgage agent licence is $941. The fee will be prorated based on the month in which your reinstatement application is submitted. For more information on fees, please review FSRA's Fee Rule.

Ready to requalify as a new agent (more than two years)?

If your mortgage agent licence expired more than two years ago, you must apply as a new mortgage agent to begin practicing again. Before you apply, you must complete a mortgage agent course within 24 months of this application. Your brokerage must initiate your application.

Please review how to apply for a new licence for more information.