New Brunswick - Get Mortgage Broker License

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Procedure

Apply Online:

1. To apply for a Mortgage Broker License (Real Estate License), the applicant can approach the Financial and Consumer Service Commission. Here is the contact Link
2. The applicant will need to complete a course before they can be licensed. Find information here Link
3. The applicant will need to fill out an application form. Click on the following link to the online form Link
4. If the applicant has an account they can log in. If the applicant does not have an account, follow these steps:
   • On the log-in page, click on the “New User” option.
   • The applicant will need to enter their email address and click on “Submit”.
   • The applicant will need to enter an invitation code sent to their email address.
   • Enter password and click on “Sign Up”.
   • The applicant will receive a pop-up confirmation that their account has been created. the applicant will also receive an email confirmation.
   • Once logged in, the applicant will need to enter their personal information.
   • Under account type, select the option that applies.
5. The applicant will need to fill out the application form with all the relevant details.
6. The applicant will need to send in information proving that they have completed an approved course.
7. The applicant will need to attach copies of documents as mentioned under the “Required Documents” section of this page.
8. The applicant will have to make a fee payment. Find further information under the “Fees” section of this page.
9. The applicant will need to undergo a criminal record check.
10. The application will be processed within a few weeks from the submission of the application.
    

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Required Documents

• Application form Link
• Course completion certificate
• Criminal record check
  

Office Locations & Contacts

Address:
Saint John Office Location
85 Charlotte Street, Suite 300
Saint John, NB E2L 2J2
Canada

Address:
Fredericton Office Location
225 King Street, Suite 200
Fredericton, NB E3B 1E1
Canada
Toll-Free: 1-866-933-2222
Monday to Friday
8:30 AM to 4:30 PM
Email: [email protected]
Contact Link

Eligibility

• The applicant must be 19 years of age or above.
• The applicant must legally be allowed to work in Canada.
• The applicant must be authorized to trade in mortgages on behalf of a brokerage.
• The applicant can work only for one brokerage.
• The applicant must demonstrate at least 24 months of experience as a licensed mortgage associate in the brokerage industry during the preceding 36-month period of the mortgage broker licence application date.
• The applicant must complete the course.
• The applicant must undergo a criminal record check.
• Find education-related eligibility here Link
  

Fees

• The fee-related information 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

• Mortgage broker act 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.