Anyone looking to practice mortgage brokering in Ontario can take the courses, as there are no address limitations, however they do need to be a resident of Canada.

An Ontario address for service in Ontario is required, but they do not need to be a resident of Ontario. On the licensing application there is a spot for both residence address, and address for service (cannot be a PO box).

If an Ontario License applicant is already licensed in another province, they can apply for a license using reciprocity, which eliminates the requirement for them to take the Ontario course (though it does not eliminate the need for the individual to become fully versed in the Ontario Act and Regulatory requirements). All other licensing criteria still apply – reciprocity just means that you don’t have to complete the provincial course. Note that a letter is required from the Alberta regulator. Here is a link to some more information

Additional charges will apply for the final exam. Please contact us at education@cmbaontario.ca for further information.