Thinking about buying a house or a condo is a big step. Securing a mortgage is one of the biggest financial decisions you will make.
For information about mortgage brokers, associates, administrators and brokerages select from the options below.
Before obtaining a mortgage, it’s important to think about the risks:
Mortgage brokers and associates work with banks and lenders to find a mortgage that works for you. They assess and compare mortgages, explain the application and approval process, and complete documentation.
When looking for a mortgage broker, ask the following questions:
If you are having problems with your mortgage broker, you should raise your concerns with the broker’s brokerage. If your concern is not addressed, you can contact the Consumer Credit Division of the Financial and Consumer Affairs Authority at (306) 787-6700 or firstname.lastname@example.org
The Mortgage Brokerages and Mortgage Administrators Act describes the responsibilities, obligations and powers of the Superintendent of Financial Institutions. One of the responsibilities of the Superintendent is to investigate consumer complaints against brokers, associates, mortgage brokerages and mortgage administrators.
To register a complaint against a broker, associate, mortgage brokerage, or mortgage administrator, please complete our complaint form.
Please note that the licensing provisions of the Act do not apply to banks, credit unions, certain insurance companies, certain trust and loan corporations, provincial or federal Crown corporations, and members of the Law Society of Saskatchewan in the course of practicing as barristers or solicitors.
For more information, please contact:
Superintendent of Financial Institutions
Consumer Credit Division
Financial and Consumer Affairs Authority of Saskatchewan
4th Floor, 2365 Albert Street
Phone: (306) 787-6700
Fax: (306) 787-9006
This section contains documents relating to actions taken, such as consent orders, decisions, administrative penalties and licence conditions.