Mortgage brokers are people that mortgage on behalf of a licensed mortgage brokerage. Mortgage broker candidates ought to meet each education and skill, and should be suitable for licensing. Please sit down with the Registration and Licensing System (RLS) info for directions for knowing how to apply.
If you're seeking a license as a mortgage broker, you must:
1. Submit an online application form;
2. Submit the $250 initial review fee;
3. Submit the $400 annual fee (note: this fee will be refunded if your application is refused);
4. Send in information demonstrating you have completed an approved mortgage broker education course;
5. Send in information demonstrating you meet the 24 months experience requirement; and
6. Provide the required supporting information, including a completed criminal record check dated within 3 months of the date of application.