Mortgage Agent level 1 Course

The REMIC Mortgage Agent level 1 Course is your first step in an exciting, financially rewarding career as a licensed mortgage agent!

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Google Rating
4.9
Based on 1699 reviews
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Mortgage Agent Course options

Online Course

Work at your own pace and finish fully online with up to 6 months access.

338CAD

No tax
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Live webcast

Choose between a 5 day Mon-Fri class, 5 Sundays class or or 4 weeks of weeknights class.

385CAD

No tax
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IN-class course

Choose any 5 day Mon-Fri class.

445CAD

No tax
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Includes:

1 Year Enrollment

With full online access

English

Presented in the English language

60% Exam Grade

Required to pass the course

2 Years

Valid for licensing

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What Our Students
are Saying About us

Real-time google reviews
Google Rating
4.9
Based on 1699 reviews
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CLEAR, CONCISE. NO FILLERS AND STRAIGHT TO THE POINT. SUPER HELPFUL STAFF, AND GREAT CONTENT. HIGHLY RECOMMEND
Great learning experience. Thorough & detailed with ease.
Raza Sayeed
Raza Sayeed
1709151533
Remic is doing great job to keep educating the all mortgage agents. REMIC u r the best
Sunny Chugh
Sunny Chugh
1709139542
Very informative and easy to navigate through the course! Mortgage Broker and Agent must join this course to update and refresh the knowledge base.
Rajiv Arora
Rajiv Arora
1709086506
REMIC offers online courses that you can do at your pace. The knowledge you will learn will allow you to have a career in the mortgage brokering industry.
Jesse Boyd
Jesse Boyd
1708992384
Jay delivered the course content clearly, with practical examples and humor!
The courses offered by REMIC helped me in achieving my goals in moving on to the licensing exams. the courses in itself were overwhelming at first, but the videos helped in the studies.
AMAFILI EKENE
AMAFILI EKENE
1708631066
I commend my Trainer for making this a very enjoyable course.
S Pournader
S Pournader
1708461624
completed the Continuing Education, top notch content and well executed!
Ralf Dietert
Ralf Dietert
1708208485
REMIC has done an excellent job presenting the courses in an easily understandable manner, covering all aspects. I appreciate and congratulate them for organizing a well-structured education system for mortgage agents and brokers.
Heema Bhatia
Heema Bhatia
1708175019
The teachers and information are designed and delivered with the student experience in mind. Simply outstanding!
Rob Goodman
Rob Goodman
1708117837
I am just about to complete the LLQP course for an Insurance license at REMIC, and if I could, I would give it 10 stars! The material was clear and well-presented, all interfaces were user-friendly, and the course was well-structured. Moreover, the support was effective, and even though "life" issues delayed my progress, my liaison at Remic was supportive and encouraging, galvanizing my efforts. Now, I can see that I had several lights at the end of the tunnel. Finally, a special shout out to the tutor of the exam-prep webinar for his outstanding guidance and stellar presentation style, which pulled all the spider web-like strings taunt and into a discernable and understandable pattern. I cannot recommend Remic more highly.
Navigating through the course material was seamless and interactive. I love the fact that course material could have been read to me and the questions at the end to ensure that I understood the material. I also love the fact that I have access to the teacher bot when I need clarification. Would definitely recommend. 5 stars
Abbey Mederick
Abbey Mederick
1707766585
Just finished the online course and no problems with navigation and choosing the narrating option was great tool. Listen and learn!
Debbie Kitchen
Debbie Kitchen
1707653757
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Course FAQs

Mortgage Agent Course

T2202A forms are issued to students who have paid $100.00 or more in eligible fees for qualifying courses beginning and ending in a particular calendar year.

In depth questions regarding the use of the T2202A form in the tax preparation process should be directed to Revenue Canada. Tax guides are available from any Revenue Canada office or a Post Office. Revenue Canada also publishes a booklet called “Students & Income Tax” – Government form P105(E).

Official receipts for income tax purposes covering tuition fees paid for qualifying courses taken during the preceding calendar year are available in late February. In accordance with Revenue Canada regulations, official receipts (T2202A Forms) are only issued for tuition fees totalling $100.00 or more. Materials and administrative fees are not eligible for tax deduction.

You have 3 hours to complete the exam.

The final exam consists of 50 multiple choice questions, many based on case studies that are designed to test your knowledge and understanding of the course material as required by the Financial Services Regulatory Authority of Ontario (FSRA).

Exams can now be completed fully online. If you are doing the course online and within the GTA, REMIC hosts examinations at our head office training facility every week at Sheppard and Victoria Park. If you are doing the course online and are outside the GTA, you can choose to write your examination at any College or University test centre of your choice. If you are doing an in-class course, you would write the examination on the last day of the course. REMIC offers courses at both our Toronto and Mississauga location.

If writing in person in the GTA you will have access to your final mark online the same day as you wrote your examination. If writing at a College or University we will typically advise you within 24 hours as we request that the College or University fax your exam to us immediately as well as courier your original exam to us. If writing online your results is typically available within 3 business days.

Once you have been notified that you have passed the course you will be required to log in to the online section of the course and complete our feedback. You will then be able to print your certificate of completion and save it electronically.

You must bring your photo ID (either a driver’s license or valid passport) and one additional piece of valid identification, , a pen or pencil and your calculator. No other aids are allowed during the exam.

REMIC gives you access to an Exam Review Report that details the section and topics from the textbook that you missed. If you fail the exam you may request to review it at a time convenient to both yourself and REMIC (due to current restrictions the exam review is not available at this time). Please refer to our Policies and Procedures Manual for additional information.
If you fail the exam you can arrange a rewrite exam at the next available exam date. If you fail the rewrite you must re-enroll in the course, paying the full tuition. This is a FSRA requirement.
REMIC does not publicize these statistics as they have no impact on your individual results and in publicizing these types of statistics a student may put more or less work into the course than required based on his or her perception.
The course is valid for 2 years from the time you pass your exam. If you do not obtain a mortgage agent license within this time you must retake the course.
No, however they are designed to help you understand the material and will greatly increase your chances of passing the final exam. While your final grade is based solely on the final exam, it is strongly recommended that you complete all assigned tasks in the course.
Once you have passed the course you must then be hired by a licensed mortgage brokerage that will initiate the licensing process on your behalf. This is a Financial Services Regulatory Authority (FSRA) requirement.
Yes, there is a mandatory course that you will need to take before you are able to renew your license. You can find more info on the CE for mortgage agents and brokers by clicking here.
Yes, the REMIC Mortgage Agent Course (RMAC) is approved by FSRA and meets the educational requirements to obtain a mortgage agent license in Ontario.
A broker and agent both ‘broker’ mortgages, however a broker may also hire agents and be the principal broker of a brokerage (equivalent to the Chief Compliance Officer). A broker does not necessarily earn more on a mortgage transaction than an agent. In addition, a broker must have been a licensed agent, level 2 for at least two years, take and pass the broker course for licensing, and be approved by FSRA to upgrade his or her license from an agent to a broker.
Once you have passed the course you will have the option to create a free account in the REMIC Job Bank. The Job Bank allows you to view job postings from brokerages across Ontario. Like a typical job bank, mortgage brokerages will also have access to your resume and cover letter (should you include them), allowing them to contact you directly and setup an interview. REMIC will provide you information and resources that will assist you in the interview process; understanding the procedures and knowing the right questions are vital when choosing a brokerage to join as a mortgage agent. This is a completely free service for all previous REMIC RMAC students.

Through REMIC’s secure shopping cart you can pay by credit card or using your PayPal account. In person at 2175 Sheppard Avenue East, Suite 307 where you can pay by debit card, Visa, Mastercard or cash.
Registration is easy. Simply go to remic.ca/mortgage-agent-course and follow the instructions using our secure online payment system. You can also register in person at our head office training facility at 2175 Sheppard Ave East Suite 307 North York, ON, M2J1W8 (Business hours are Mon-Fri, 9AM – 5PM). We accept Visa, Mastercard, debit or cash.
You will receive an online login immediately following your registration that gives you access to an electronic version of the textbook, whether you are doing the course in-class or online. This way you can get started in the course right away! REMIC will also ship you a hard copy of the textbook within 2 business days.
The cost of the course ranges from $338 to $385 (printed textbook + shipping) and includes online delivery and the final examination.
No, the course is available to anyone, however it is recommended that you have at least a high school education with equivalent English or French language and math skills.
Whether you register for an in-class or online course you will have immediate access to the online information. This includes a soft copy of the textbook, audio-backed video tutorials, assignments, discussions, a case study and a full exam prep guide and practice exam. REMIC will also ship you a hard copy of the textbook within 2 business days. All registrations are subject to REMIC’s acceptance policy. Any students not accepted will have their registration fee fully refunded.

A student who wishes to withdraw from RMAC may do so by completing the request to withdrawal form and submitting it to REMIC. Please click here to open the Student Academic Policy which includes the withdrawal form. Upon receipt the request will be processed based on the following schedule: After registration but before the examination AND within 30 days of registration: 100% refund MINUS a $150 withdrawal fee. During or after the examination or after 30 days after registration: No credit and No refund.
Yes, during your enrollment you can withdraw and transfer the course to someone else. However, this is not authorized if you have already attempted the final exam. There is a $100 fee to do this.
If taking RMAC online you have the flexibility to begin your course at any date, and you may complete it within as little as one week or up to 6 months – the choice is yours. If taking the in-class course you must begin and end the course on set dates.
This depends on your learning skills. While some take longer others learn and understand the material more quickly. The course is designed to be completed in 47 hours, which includes online exercises, tutorials, assignments, tests, and reading. We suggest that you set aside at least this amount of time to complete the course.
Only qualified, experienced industry experts are used to teach the course, which was developed by veteran industry expert and REMIC President, Joseph J. White who is also the author of the textbook.
No, the course is designed for those with basic computing skills, however the course contains rich, interactive content designed to engage you.
Of course! Your Professor, an industry professional, is there to help, Monday to Friday during regular business hours.
No, we are here to help! Your online course has a dedicated Professor who will interact with you, answering your questions and helping you along the way, when you need it. In addition, you are able to communicate with your fellow students in the course via chat message and open discussions.
Yes. You can complete the course in as little as one week or take up to 6 months – the choice is yours.
REMIC offers the REMIC Mortgage Agent Course (RMAC) in house to several brokerages, based on the brokerage meeting certain quality control and professional standards. The course is taught by a REMIC Professor and standard exam security is employed regardless of the location of the course. There is no difference in the course cost, content and/or exam, regardless of where it is delivered. A brokerage may charge an additional fee to the student for additional services it provides before or after the course.

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