Mortgage agents or brokers licensed in Ontario who wish to apply for a licence in another Canadian jurisdiction. They may need to provide an official record of their licensing and enforcement history to the regulators of the other province or territory.
Upon request, the Financial Services Regulatory Authority of Ontario (FSRA) can send a reciprocity letter to the regulators of the other province or territory. FSRA will provide their licensing and enforcement history.
As a Principal Broker, you may wish to request this letter on behalf of one of your agents or brokers.
How to request a reciprocity letter
- Download the request form from FSRA’s Mortgage Brokering Forms.
- Fill out the form electronically and submit it through the Online Services Portal.
- You will also be asked to pay the required $25 fee on the Online Services Portal.
- Be sure to complete all fields before you submit the application. FSRA will not process incomplete request forms or provide a refund for incomplete forms.
What happens next
- The request will take approximately 10 business days to process.
- FSRA will send the reciprocity letter directly to the regulators listed on the form and you will not receive a copy.