Mortgage Brokering

For Consumers
For Industry

All Mortgage Brokerages, Administrators, Brokers and Agents need to be licensed with the Financial Services Commission of Ontario (FSCO) in order to conduct mortgage brokering business in Ontario. It is important for licensed individuals and businesses to understand and comply with the Act and its regulations .

What's New |

Policies and Procedures -- Non-qualified Syndicated Mortgages
Superintendent’s Guideline: Treating Financial Services Consumers Fairly
Market Regulatory Supervisory Framework
Changes to syndicated mortgage rules: New FSCO forms available
Public Consultation on Proposed Treating Financial Services Consumers Fairly Guideline

Education

Message from Brian Mills, Chief Executive Officer and Superintendent of Financial Services: The importance of cyber security
Mortgage Agent Education
Mortgage Broker Education
Are you licensed as a mortgage broker or mortgage agent in another province or territory?
Do you want to be licensed in another province or territory?
Continuing Education is mandatory

Errors and Omissions Insurance

All mortgage brokerages and administrators are required by law to carry errors and omissions (E&O) insurance in a form approved by the Superintendent, with extended coverage for fraudulent acts.