Renewing Your Submortgage Broker Registration

BCFSA requires persons who are registered as submortgage brokers under the Mortgage Brokers Act to qualify for registration renewal, and unregistered persons to qualify for reinstatement of their registration, by completing mandatory continuing education.

Before You Renew

Before applying to renew your registration, make sure that you have completed your mandatory continuing education requirements. Be sure to register for your continuing education early, to ensure you have sufficient time to complete all requirements before submitting your registration renewal application.

How to Renew Your Registration

We will send you an email 60 days before your registration expires notifying you that your renewal application is due. A renewal service request will be available to you in the IRIS portal.

Steps to Renews in IRIS

1. Before beginning your renewal, make sure you have:  
   
   A certified criminal record check (for information on criminal record checks and how to obtain them, view the Suitability Requirements for Submortgage Broker Applicants Regulatory Statement); 
   
   A colour copy of a government-issued photo ID; 
   
   A VISA, MasterCard, or American Express for payment (the fee for renewal is $1,500 as of April 1, 2022. Late fees may apply for late submissions); and 
   
   Completed all education requirements for renewal. 
2. Once you have all the materials required for renewal, sign up or log in to IRIS and find your Service Request number (SRXXXXXX) under the Personal Dashboard to begin the renewal application. 
3. Complete all required fields in the renewal application and submit the application by following the instructions in IRIS.

Review and Approval

Once you submit your application, the designated individual must attest to the application before it is sent to BCFSA registration staff for approval. BCFSA’s registration staff will review your application. If it is complete and satisfactory, you will receive an approval email and your registration information will be updated in our Find a Professional Database.

Registration staff will contact you if BCFSA requires more information or if you need to correct any deficiencies on your registration renewal application.