BRITISH COLUMBIA’S

MORTGAGE SERVICES ACT (MSA)


The British Columbia Mortgage Services Act is in Force starting October 13th, 2026


If you have any questions or inquiries regarding MSA with A Better Way Mortgage Group, please reach out to us at compliance@abwmortgage.ca.


We aim to respond within 24 hours. If you haven't received a response within this timeframe, it may be because we're awaiting additional feedback to provide you with an accurate answer. Your patience and understanding are greatly appreciated.


MSA DISCLOSURE FORMS FOR BORROWERS

MSA Disclosure Scenario Cheatsheet MSA Disclosure Scenario Guide
FORM 1A: DISCLOSURE OF REPRESENTATION TO BORROWER FORM 2A: DISCLOSURE OF RISKS TO UNREPRESENTED BORROWER FORM 3A: DISCLOSURE OF INTERESTS TO BORROWER FORM 4: DISCLOSURE TO BORROWER OF EXPECTED REMUNERATION FORM 6A: DISCLOSURE OF SUITABILITY AND MATERIAL RISKS TO BORROWER FORM 7: DISCLOSURE TO CLIENT OF REMUNERATION FORM 8: DISCLOSURE OF THE RISKS OF DUAL AGENCY FORM 9: AGREEMENT REGARDING CONFLICT OF INTEREST BETWEEN CLIENTS

MSA DISCLOSURE FORMS FOR LENDERS

FORM 1B (for lending): DISCLOSURE OF REPRESENTATION LENDER FORM 1C (for trading): DISCLOSURE OF REPRESENTATION LENDER FORM 2B (for lending): DISCLOSURE OF RISK TO UNREPRESENTED LENDER FORM 2C (for trading): DISCLOSURE OF RISK TO UNREPRESENTED LENDER FORM 3B: DISCLOSURE OF INTEREST TO LENDER FORM 5: DISCLOSURE OF INFORMATION STATEMENT TO LENDER FORM 5: ADDENDUM FOR INTER ALIA MORTGAGES FORM 5A: ADDENDUM FOR CONSTRUCTION AND DEVELOPMENT MORTGAGES (if applicable) FORM 6B: DISCLOSURE OF SUITABILITY AND MATERIAL RISK TO LENDER

PACKAGES - MSA DISCLOSURE FORMS

FORMS PACKAGE #1: DISCLOSURE TO REPRESENTED BORROWERS (Package contains Forms 6A,4,3A) FORMS PACKAGE #2: DISCLOSURE TO REPRESENTED LENDERS (Package contains Forms 6B,7,5,3B) FORMS PACKAGE #3: DISCLOSURE TO UNREPRESENTED BORROWERS (Package contains Forms 6A,4,3A) FORMS PACKAGE #4: DISCLOSURE TO UNREPRESENTED LENDERS (Package contains Forms 6B,5,7,3B)


MORTGAGE SERVICES ACT GUIDELINES AND INFORMATION

Guideline on Remuneration Disclosures Guideline on Disclosure of Suitability and Material Risks Guideline on Disclosing and Managing Conflicts of Interest Guideline on General Compliance Requirements for In-Flight Files during the Transition from MBA to MSA Guideline on Representation Disclosures Guideline on Personal Mortgage Corporations ADDITIONAL Guideline on Personal Mortgage Corporations Guideline on identity verification and transaction integrity Guideline on Dual Agency Guideline on mortgage administration service agreements Guideline on advertising Guideline on designated agency Guideline on acceptable and unacceptable activities for unlicensed assistants Guideline on co-brokering Guideline on anti-money laundering Guideline on social media conduct for mortgage services licensees
Information on advertising mortgage services Understanding disclosure requirements under the Mortgage Services Act Mortgage Services Regulatory Index How to Incorporate a Personal Mortgage Corporation Information on significant interest holders Information on mortgage lending licensing exemptions Information on licensee duties by licence category Information on Savings Institution Exemptions Mortgage Services Act: Fees Mortgage Services Act: Licensing Permitted Person Definition Information on Mortgage Services Teams Information on disclosures

BCFSA REGULATORY STATEMENTS

Regulatory Statement - Disclosures: Information Statement to Lender Regulatory Statement - Disclosures: Representation and Forms Packages Regulatory Statement - Disclosures: Disclosure of Remuneration Regulatory Statement - Disclosures: Conflict of Interest Regulatory Statement - Mortgage Brokerage E&O Insurance Requirements Regulatory Statement - Transition Education Requirements for Previously Exempted Persons under the MBA Regulatory Statement - Mortgage Broker Reporting Requirements Regulatory Statement - Principal Broker Absences Regulatory Statement - Principal Broker Absences Regulatory Statement - Labour Mobility Requirements for Mortgage Services Licensing


MSA TRAINING - VIDEOS AND INFORMATION