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.


If you wish to apply for a Principal Broker licence in Ontario from another province/territory, you must first apply to the Financial Services Regulatory Authority of Ontario (FSRA) for a mortgage broker licence.

Then, in order to become a Principal Broker you must be a Director, Officer or Partner of the brokerage. You must also be appointed by the mortgage brokerage to serve as the brokerage's principal broker.

For information on applying for an Ontario mortgage broker licence from another province, see Applying for a mortgage broker licence from a different province/territory.

For information on applying for an Ontario mortgage brokerage licence, see Apply for a new mortgage brokerage licence.