British Columbia - Get Mortgage Broker License

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Procedure

Apply Online:

1. To apply for a Mortgage Broker License, the applicant can approach the BC Financial Services Authority (BCFCA). Here is the contact Link
2. The applicant will need to fill out an application form. Click on the following link to the online form Link
   • On the login page, click on the “Create an account” option.
   • The applicant will need to enter their email address and click on “Send verification code”.
   • A code will be sent to the email address, enter this code to verify the email.
   • The applicant will need to enter their password and click on “Create”.
   • The applicant will need to enter other details when prompted and click on “Save”.
   • The applicant will receive a pop-up confirmation that their account has been created. the applicant will also receive an email confirmation.
   • The applicant can now log in to their account.
3. Once logged in, the applicant will need to fill out the application form with all the relevant details.
4. Attach documents as mentioned under the “Required Documents” section of this page.
5. The applicant will need to send in information proving that they have completed an approved course.
6. The applicant will have to make a fee payment. Find further information under the “Fees” section of this page.
7. The applicant will need to undergo a criminal record check.
8. The application will be processed within a few weeks from the submission of the application.

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Required Documents

• BC registry documents
• Consent to use the business name if borrowing another company’s name;
• A list of directors, shareholders, and officers;
• Certified criminal record checks for officers and directors;
• A colour copy of government-issued ID;
• A completed Form 2a: Link
• A partnership agreement (If applicable)

Office Locations & Contacts

Address: 600-750 West Pender Street
Vancouver B.C.
V6C 2T8
Canada
Phone: Local (604) 660-3555
Toll-Free (866) 206-3030 Fax (604) 660-3365
Contact Link

Eligibility

• The applicant must be 18 years of age or above.
• The applicant must legally be allowed to work in Canada.

Fees

• The applicant will need to pay a fee this will be intimated by the authorities.

Validity

• The validity will be specified by the authorities.

Documents to Use

Please attach documents that can be used by other people. e.g. Links.

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• It takes a few weeks to process the application.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since January 1908.

Required Information

• Name
• Business or trade
• Head office address
• Postal code
• Telephone number
• Email
• Business address(es) in Manitoba from which the applicant intends to carry on business as a mortgage broker
• Name of financial institution
• Trust account number
• Signature

Need for the Document

• A mortgage broker arranges mortgages for a brokerage company, a person is legally required to obtain a license before practising. This document proves that the applicant is licensed.

Information which might help

• Information Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

More information which might help people.