GTA mortgage brokers, time is running out! The Financial Services Regulatory Authority of Ontario (FSRA) is urging brokers to submit their license renewal applications before the March 31st deadline. With only weeks remaining, less than half of eligible brokers have completed the process. Missing the deadline can lead to business disruptions, including the inability to trade mortgages and receive commissions. This year also requires confirmation of completed continuing education.
According to FSRA, applications can take 20+ business days if there are suitability concerns. Don’t wait until the last minute! Submitting on time allows you to continue operating while your application is processed. Ensure a smooth transition into the next licensing cycle.
For more details and to avoid potential disruptions, visit the original article on mpamag.com.
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