All mortgage agents must renew their licences with the Financial Services Regulatory Authority of Ontario (FSRA) each year before March 31.

About licence renewals

Your brokerage can begin the annual licence renewal starting February 1. 

FSRA will send you an email 60 calendar days before the expiration date to let you know you will need to renew your licence. This is a courtesy reminder – it is your responsibility to know when your licence will expire and to ensure your email address is up to date with FSRA.

Note: while some renewals are processed quickly, others may require additional review. Discuss with your brokerage to submit your renewal application as soon as possible to avoid having your licence expire. Your brokerage can apply to renew your licence at any time during the 60-day window.

Fee for renewing a licence

The applicable fee for renewing a mortgage agent’s licence is $841 annually. The Principal Broker of your brokerage will submit the renewal fee to FSRA after reviewing your licence renewal application. You may need to discuss with your Principal Broker whether you need to provide your brokerage with your licence renewal fee so it can be paid on your behalf.

What if I have an inactive licence?


If you want to start practicing as a mortgage agent again, review how to reinstate mortgage agent licences.

What if I miss the deadline for renewing my licence?


If you don’t renew your licence before the expiration date, your licence will lapse and it will no longer be active.


If you want to continue practicing as a mortgage agent after your licence lapses, review how to reinstate mortgage agent licences.

Requirements for renewing the licence

To qualify for licence renewal, you must:

  1. Have an active licence as a mortgage agent in Ontario.
  2. Be currently authorized by an established mortgage brokerage in Ontario to deal in mortgages.
  3. Have completed the mandatory Ontario Continuing Education (CE) Course for Agents for the current year. Learn more about the 2022 CE requirements.
  4. Reconfirm your suitability to hold a licence and meet all licensing requirements.

By reconfirming your suitability to hold a licence, you will need to verify that:

  • You are familiar with the laws of Ontario relating to the licensing of mortgage agents and brokers.
  • You will hold yourself out publicly and carry out business in good faith as a mortgage agent in the name in which you are licensed.
  • You are not engaged in any other business or occupation that would jeopardize your integrity, independence or competence.
  • You are of good character and reputation.
  • You have provided any new information about bankruptcies, lawsuits, criminal records, decisions from other regulators or licensing bodies and other employment information.
  • You are a suitable person to receive a licence and meet all licensing requirements.

Mandatory 2022 continuing education for mortgage agents

Mortgage agents who wish to renew their licence in 2022 must successfully complete a FSRA-approved CE course before applying for a renewal. 

FSRA has approved the course providers listed below to offer the 2022 Continuing Education courses. To enrol – or for more information, including course outlines and costs – visit the website of your preferred course provider:    

About the continuing education courses

The courses are designed to help increase compliance with legal and regulatory requirements. They also help agents keep their skills and knowledge about mortgage products and processes current to better serve their clients. 

The learning objectives of the 2022 Agent Continuing Education courses are:

  • Conflicts of Interest
  • Ethical Practices in Brokered Mortgage Transactions
  • Relationship between the MBLAA, FSRA and Licensees
  • Reporting and Record-keeping Requirements
  • Role of the Principal Broker

All Agent Continuing Education courses will conclude with a case study addressing one or more of these learning objectives.

Mortgage agents may complete either the 2022 Agent Continuing Education course, or the 2022 Broker Continuing Education course. The Broker course includes 2 additional hours of education on the topic of “Fostering a Culture of Compliance and Consumer Protection”. 

Ready to renew?

After your Principal Broker initiates the licence renewal process, you must complete the following steps:

  1. Click on the renewal link sent by your Principal Broker. This link will take you to Licensing Link.
  2. Enter your Licensing Link PIN, which was provided to you on your first mortgage agent application. If you have forgotten your PIN, you can reset it by following the instructions on the Licensing Link page.
  3. Complete your licence renewal application and click "Submit."

Your brokerage's Principal Broker will then review your licence renewal application and submit it with the required fee.

Frequently asked questions - MB Renewals