licensed mortgage brokers and agents in Ontario (Mar 31, 2025)
Source: FSRA 2024-25 Annual Report
date mortgage brokers became FINTRAC reporting entities
Source: FINTRAC — mortgage brokers
Incomplete files delay closings
Every missing pay stub is admin time you cannot bill and a submission you cannot make on time.
Functional
Pay stubs in email, bank statements in text, gift letters in a shared drive — nothing shows whether the file is complete before lender submission. PTD conditions arrive as a second chase.
Emotional
"What document do I send?" threads stretch for weeks. Self-employed income stories do not match pay-stub workflows. A deal accepted with mortgage not finalized a week before closing erodes trust.
Financial
Solo agents at micro-brokerages spend hours re-requesting blurry photos and password-locked PDFs. Renewals in fixed-rate windows add another doc wave.
Five steps to a complete borrower file
Pick a checklist, open a borrower file, collect via secure guest link (no account needed) or my-id.ca portal, track gaps with approve/reject, export for your LOS.
Pick a template
Build a reusable borrower checklist — purchase, refinance, self-employed, or first-time buyer workflow (you define the items).
Open a borrower file
Attach the checklist to the client record in Hivi-X.
Collect documents
Share the checklist; borrowers can upload via a secure guest link (no account needed — they verify email with a one-time code) or sign in to the my-id.ca portal; you can add files as they arrive from email.
Track the gaps
See completed vs outstanding items; approve or reject submissions before packaging.
Export the package
Generate a PDF summary for principal broker review or manual upload to your LOS/lender portal.
One tool, every deal type
From purchase A-lender files to principal broker oversight.
Purchase — A-lender
Photo ID, income (pay stubs / NOA), employment letter, down-payment proof, gift letter, property details, credit consent — tracked in one borrower file.
Refinance / renewal
Updated income, mortgage statement, property tax bill, appraisal if required, and renewal re-qualification package organized before lender upload.
Self-employed / BFS
T1 General, NOA, business financials, bank statements, GST/HST returns where applicable — checklist-driven instead of scattered email.
Private / alternative
Enhanced source-of-funds, investor disclosure support docs, and principal broker authentication trail in one exportable file.
Post-approval conditions (PTD)
Re-use checklist for outstanding lender conditions — conditions list as checklist items with missing-item tracking.
Principal broker oversight
Standardized intake across agents; exportable file index for principal broker review and brokerage file standards.
Document intake alongside your LOS
Not a Finmo, BOSS, or Filogix replacement — the layer before lender submission.
Reusable borrower checklists
Build purchase, refinance, and BFS intake checklists once; reuse per borrower.
Borrower file per deal
Documents scoped to each client, not scattered threads.
Missing-item tracking
Checklist progress plus submission states (todo / submitted / approved / rejected).
Item-level review
Reject blurry ID or mismatched pay stubs; borrower resubmits after rejection.
Voice notes + AI summary
Call recap against checklist lines; self-hosted AI (voice transcription, not upload matching).
Share checklist with client
Email borrower a secure link; they upload via guest link (no account needed) or my-id.ca portal.
Secure Canadian hosting
AES-256-GCM at rest; TLS in transit.
Self-hosted AI
Borrower PII not sent to OpenAI, Google, or Anthropic.
Exportable PDF package
Organized file for principal broker or LOS upload.
Built for how Ontario mortgage agents actually work
Document collection is a core compliance obligation under FSRA supervision — not optional admin. FINTRAC's October 2024 reporting-entity status adds parallel KYC record-keeping. Hivi-X helps organize evidence; it does not file FINTRAC reports or replace brokerage compliance programs.
How Ontario agents collect borrower documents today
Hivi-X complements Finmo, BOSS, and Filogix — it does not replace lender submission.
| Capability | Email / text / Drive | Finmo / BOSS / Filogix | Hivi-X |
|---|---|---|---|
| Tracks missing intake documents | (in-platform) | checklist-centric | |
| Works if brokerage has no mandated portal | (messy) | ||
| Reusable agent-owned templates | brokerage-controlled | ||
| Item-level approve/reject before submit | varies | ||
| Voice + AI file notes | self-hosted | ||
| Lender submission / lender integrations | (by design) | ||
| Organized export for principal broker / LOS | PDF package | ||
| Secondary layer for renewals / private deals | |||
| Hosted in Canada / self-hosted AI | varies | ||
| One secure link, no login | varies | secure link (OTP) |
“We chased pay stubs in email and still missed a gift-letter donor proof before submission. Now the checklist shows what is outstanding, borrowers upload through my-id, and we export a package our principal broker can review in one sitting.”
Representative scenario from early Ontario users.
Simple plans, free trial
Billed monthly in CAD — complements your LOS, not a replacement.
Starter
Solo agents (≤40 files/yr)
- 50 clients
- Unlimited checklists
- Reusable borrower checklists
- Email support
Professional
Busy agents & 2-person teams
- Unlimited clients
- Voice + AI summary
- Exportable file package
- Priority support
Enterprise
Micro-brokerages
- Unlimited clients
- Co-agent workflows
- Dedicated support
See the full breakdown on the pricing page.
Mortgage agent questions, answered
Book a 15-minute demo
15 minutes. Bring one messy borrower file — we'll turn it into a reusable Hivi-X checklist live.
General information only — not legal, compliance, mortgage brokering, or FINTRAC advice. Hivi-X is document-collection software, not a licensed mortgage brokerage, FSRA registrant, KYC verifier, or AML screening service. FSRA/FINTRAC obligations remain with your brokerage. Consult your principal broker, compliance officer, and qualified counsel.