Thinking about becoming a licensed mortgage agent in Ontario? You’re not alone.
Searches for “how to get a mortgage licence in Ontario”, “mortgage agent course Ontario”, and “become a mortgage broker Ontario” are exploding as Canadians look for flexible, high-income careers outside traditional 9-to-5 jobs.
The good news?
👉 Ontario makes it clear, structured, and achievable.
👉 Lendworth helps you do it faster, smarter, and with real opportunity.
If you’re serious about starting a new mortgage career in 2026, this guide is for you.
Step 1: Understand Mortgage Licensing in Ontario
In Ontario, mortgage professionals are regulated by FSRA (Financial Services Regulatory Authority of Ontario).
There are two main licences:
✅ Mortgage Agent Level 1
Ideal for beginners. You can:
Work under a licensed brokerage
Arrange mortgages for clients
Learn the business while earning commissions
✅ Mortgage Agent Level 2 / Mortgage Broker
For experienced professionals who want:
Higher responsibility
Broader lending authority
Leadership and brokerage roles
📌 Most people start with Mortgage Agent Level 1 — and that’s exactly where Lendworth comes in.
Step 2: Complete the Required Mortgage Course
To become licensed, you must complete an FSRA-approved mortgage agent course, such as:
REMIC
Mortgage Professionals Canada (MPC)
Accredited Ontario providers
The course covers:
Mortgage fundamentals
Ethics & compliance
Ontario mortgage law
Private vs bank lending
Real-world case studies
💡 Pro tip: Passing the course is one thing — knowing how to succeed is another. That’s where most new agents struggle.
Step 3: Apply for Your Ontario Mortgage Licence
Once you pass your course:
Apply through FSRA
Join a licensed mortgage brokerage
Complete background checks
Secure errors & omissions insurance
Get activated under a sponsoring brokerage
⚠️ This is where many new agents get stuck, confused, or delayed.
Why Most New Mortgage Agents Fail (And How to Avoid It)
Here’s the truth no one tells you:
❌ Many brokerages don’t train
❌ No real deal flow
❌ No private lending exposure
❌ No mentorship
❌ No brand support
Agents get licensed… then quit within 12 months.
Why Start Your Mortgage Career with Lendworth?
Lendworth is not a “desk-fee brokerage.”
We are a full private lending ecosystem with real capital, real files, and real opportunity.
When You Join Lendworth, You Get:
✔ Step-by-step licensing support
✔ Brokerage sponsorship
✔ Training on private mortgages, second mortgages & equity lending
✔ Real deals — not just theory
✔ Exposure to our Mortgage Investment Corporation (MIC)
✔ Compliance-first culture (FSRA-aligned)
✔ Mentorship from senior mortgage professionals
✔ Growth path to Level 2, underwriting, or leadership
We don’t just help you get licensed —
👉 We help you build a real mortgage career.
Who Should Become a Mortgage Agent in Ontario?
This career is perfect if you are:
Switching careers
Self-employed or commission-driven
In real estate, banking, insurance, or finance
Ambitious, disciplined, and relationship-focused
Looking for uncapped income potential
No finance degree required.
No sales background required.
Just commitment and drive.
How Long Does It Take to Get Licensed?
⏱ Typical timeline:
Course completion: 2–4 weeks
Exam & application: 1–2 weeks
Brokerage onboarding: Immediate with Lendworth
🚀 You can be licensed and earning in under 30–45 days.
Income Potential: What Mortgage Agents Really Earn
Ontario mortgage agents earn:
$75,000–$150,000+ annually (full-time)
Top private mortgage specialists earn significantly more
Unlimited upside with repeat clients & referrals
Private lending expertise = higher commissions + faster closings.
Ready to Start Your New Mortgage Career?
If you’re serious about becoming a licensed mortgage agent in Ontario, don’t do it alone.
📞 Call Lendworth today
📩 We’ll guide you through licensing, brokerage setup, and your first deals
👉 Your mortgage career starts now — not next year.
Lendworth Private Mortgages
Private lending built for real life.
Your equity deserves more™
📍 Ontario-wide | GTA | Vaughan | Toronto