Within the province of Ontario, mortgage brokers must be legally licensed. In order to obtain this license, brokers must complete an accredited educational program that has been approved by the province. Most mortgage brokers who currently practice within the province of Ontario belong to the Canadian Association of Accredited Mortgage Professionals. All mortgage brokers who work within Ontario are regulated by the Financial Services Commission of Ontario.
To find out if an Ontarian mortgage broker is licensed, contact the Financial Services Commission of Ontario. Any person who is not registered with this commission cannot legally act as a mortgage broker within the province of Ontario. Consumers who wish to file a report against a mortgage broker can do so by contacting the Financial Services Commission of Ontario. Prior to working with any mortgage broker, it is wise to ask a broker to produce a valid license. Any reputable broker will be able to show all consumers a valid Ontarian mortgage broker license without hesitation.
The best way to find a great mortgage rate within the province of Ontario is to comparison shop. Contact any one of the brokers listed on this page (according to your location), and ask for a free price quote. By taking the time to contact a number of licensed brokers, you can find the best possible mortgage deal. Start by looking for a broker near you by selecting one of the brokers listed below. |
