Mortgage brokers within the province of Nova Scotia must obtain a Mortgage Broker License. In order to obtain this license, a broker must apply for the license through the Service Nova Scotia and Municipal Relations Department. In addition to issuing brokerage licenses, this department also oversees all mortgage brokers who practice within Nova Scotia.
Nova Scotia has stringent consumer protection laws that have been set in place to protect consumers from certain brokers. The Mortgage Brokers’ and Lenders’ Registration Act includes various rights that apply to both consumers and businesses. Under this act, all brokers must be legally licensed, any false advertising by a broker is not permitted, and all mortgage terms must be disclosed. If any of these, or other, laws are violated, consumers can contact the Nova Scotia Municipal Relations Department.
All of the brokers who are presently listed on this page are legally licensed within the province of Nova Scotia. To find the best mortgage, it is a wise idea to gain a number of different mortgage quotes. We have organized all of our listings according to major cities within the province, so that you can choose the location nearest to you. Begin your search for the perfect mortgage by clicking on any of the brokers listed below. |