Yes. Your licence transfers to the new brokerage through your provincial regulator, live files are handled by agreement, and your contract decides what else moves with you.
Yes. Brokers switch brokerages regularly, and every provincial regulator has a process for it. In BC the transfer runs through BCFSA, in Alberta through RECA, in Ontario through FSRA, each with its own form, fee and timeline. The new brokerage usually handles the paperwork with you.
Before you give notice, read your current agreement for three things: the notice period, what happens to files in progress, and any clause about client data or non solicitation. Then map every live file by stage and agree with both brokerages which ones close where. Lender access resets under the new brokerage, so your first submissions there need lender registration to be done in parallel with the licence transfer.
Done in the right order, a switch costs a few days of admin and no files. Done in the wrong order, it costs a month and a client. The full guide sets out the sequence for each province.
A switch here is planned around your pipeline, not ours. We map every live file with you, run the licence transfer and lender registrations in parallel, and line up the first hard file for the Deal Desk so the first week is a funded file, not a form. Clients you originate are yours, including the renewal and the referral, and that is written down.
The full guide, with the detail and the numbers.
Transfer your mortgage licence to a new brokerageThe eight reasons mortgage brokers switch brokerages, what each one costs, and the questions that tell you whether the next brokerage has fixed it.
Six things that decide whether a new mortgage agent funds files in year one: training, a mentor, lender status, underwriting support and a 90 day plan.
Ten brand names, three parent companies. Who owns what in Canada's mortgage brokerage networks and how that changes the way you read a recruiting pitch.
Bring your questions to a discovery call and a broker owner will answer them directly.