To keep you protected, the Mortgage Brokerages, Lenders and Administrators Act, 2006 (the law) holds the mortgage brokering industry to tough standards.
The law requires all individuals and businesses who conduct mortgage brokering activities in Ontario to be licensed with the Financial Services Commission of Ontario (FSCO), the government agency responsible for overseeing the mortgage brokering industry in Ontario.
- Learn Why the Law is Important to You
Learn how the law protects you as you make one of your biggest financial commitments.
- Consumer Handouts (PDF)
Download several easy-to-read handouts: - Frequently Asked Questions
Get answers to questions on the law, its importance to consumers and the different types of licences required by the law.
- Consumer Awareness Video
Watch a short video on the law.
- Consumer Awareness Articles (PDF)
Read articles to get an overview of the law: - Ontario mortgage brokers and agents must now be licensed
- You are protected with new mortgage broker legislation
- How to resolve an issue with your mortgage broker or agent
- Learn How to Resolve a Complaint
Learn what to do if you have a complaint about a mortgage business activity.
- Other Resources
Get helpful tips and information on shopping for a mortgage, managing debt, building a financial plan and other mortgage-related topics.
- About FSCO
Learn about the government agency responsible for overseeing the mortgage brokering industry in Ontario.
Financial Services Commission of Ontario