The government and FSRA have implemented new licensing classes for mortgage agents and brokers effective April 01, 2023. Visit the New Licensing Requirements Transition - Information and Resources page for details.

Please note that FSRA is not accepting applications for new mortgage agent or broker licences between March 15-31, 2023. Applications will re-open on April 1, 2023.

If you wish to work as a mortgage broker in Ontario,, you must apply to upgrade your mortgage agent licence with the Financial Services Regulatory Authority of Ontario (FSRA). In order to be a mortgage broker, you must have been already licensed as a mortgage agent for at least 24 months in the 36-month period before your application.

About the licence

A mortgage broker is a professional who deals or trades in mortgages for a licensed mortgage brokerage. They may also be responsible for supervising the activities of one or more mortgage agents. All individuals acting as mortgage agents or mortgage brokers must have a licence from FSRA.

Requirements for getting a licence

If you wish to become a licensed mortgage broker in Ontario, you must:

  1. Be 18 years of age or older.
  2. Be a resident of Canada.
  3. Have already been licensed as a mortgage agent for at least 24 months during the 36-month period prior to your mortgage broker application.
  4. Have an Ontario mailing address that can receive registered mail (not a post office box).
  5. Complete the approved mortgage broker education program within three years before you apply for the mortgage broker licence.
  6. Complete an approved mortgage agent course if you have not already done so. For more information, review the mortgage agent licence requirements.

Mortgage broker education program

Before applying for your mortgage broker licence, you will need to take a course approved by FSRA and pass an exam.

This course is offered through:

You must apply for your broker licence within three years of completing the course.

French Language courses

French-language courses and examinations are also available. To inquire, please email [email protected] to obtain the contact information of the approved French language course provider.


There is no fee to apply to obtain an Ontario mortgage broker licence, as long as your mortgage agent licence has not expired.

Education equivalency requests

Certain individuals might qualify for a broker licence without completing the mortgage broker education program, if they meet other education and experience requirements. To see if you qualify, review the education equivalency criteria.

Ready to apply for a licence?

If you have met all the requirements for becoming a licensed mortgage broker, the Principal Broker of your brokerage then initiates your licence application through Licensing Link. To successfully complete your licence application, you must:

  1. Click on the application link sent by your Principal Broker. This link will take you to Licensing Link.
  2. Complete the application as directed and click "Submit."

Your brokerage's Principal Broker will then review your licence application before submitting.