Mortgage Broker Licence: Moving from Nova Scotia to Ontario
The short answer
Extra steps
Applicants with eligible out-of-province licences may be exempt from Ontario's education requirements but must complete the Ontario Mortgage Licensing Equivalency Course (OMC) and a criminal record check before practising in Ontario. Source
“Applicants with eligible non-Ontario mortgage sector licences will be required to complete the Ontario Mortgage Licensing Equivalency Course (OMC) from a FSRA-approved provider.”
fsrao.ca/licensing/mortgage-broker/apply-mortgage-broker-licence-di...
Both provinces
| Licensed in Nova Scotia | Moving to Ontario | |
|---|---|---|
| Licence status | Licence required | Licence required |
| Regulator | Business Licensing Section, Service Nova Scotia (Government of Nova Scotia) | Financial Services Regulatory Authority of Ontario |
| Guide | Mortgage broker in Nova Scotia | Mortgage broker in Ontario |
Steps to transfer
Complete the OMC
Source
“Applicants with eligible non-Ontario mortgage sector licences will be required to complete the Ontario Mortgage Licensing Equivalency Course (OMC) from a FSRA-approved provider.”
fsrao.ca/licensing/mortgage-broker/apply-mortgage-broker-licence-di...Complete criminal record check
Processing time: Not stated by the regulator Check with Financial Services Regulatory Authority of Ontario
Getting Licensed? Get Your Resume Ready Too
Nainly pairs expert resume assessment with a done-for-you career marketing campaign, so your profile keeps reaching decision-makers while you work through the licensing steps.
Schedule a CallFree consultation. No commitment.