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What is FSCO’s screening process for Mortgage Agents?

April 26, 2017agents fsco mortgage process screening

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What is FSCO’s screening process for Mortgage Agents?

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To ensure all licence applicants are suitable to deal with the public, FSCO conducts criminal background checks (CPIC) during the application process, and reviews each applicant’s professional and educational background to ensure they meet the Act’s requirements. Applicants will respond to a variety of questions on the application form. The Principal Broker will be expected to take reasonable steps to ensure that the Mortgage Agent meets the requirements to be licensed.