Mortgage Agent Level 2 Course

This Course Is Required For All Mortgage Licensees In Ontario Who Want To Upgrade To The Agent Level 2 Licence.

Google Rating
4.9
Based on 1849 reviews
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Trusted by over 50,000 learners from

leading companies across Ontario

Private Mortgages Course

Registration Options

Challenge Exam

ONLY for eligible agents and brokers until October 31, 2023

148CAD

No tax
Includes:

ONLINE COURSE

Work at your own pace and finish fully online with up to 1 year access.

298CAD

No tax
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Includes:

Live Webcast

Choose between a 5 day Mon-Fri class or 2 Saturdays class.

298CAD

No tax
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Includes:

In-Class Course

Choose between a 5 day Mon-Fri class or 2 Saturdays class.

348CAD

No tax
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Google Rating
4.9
Based on 1849 reviews
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1 Year Enrollment

With full online access

40+ Hours

Video Tutorials

70% Exam Grade

Required to pass (80% for the challenge exam)

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 1849 reviews
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4.9
Very practical course, strongly recommend friends to sign up.
Easy to follow online course. Plenty of support, prepares you well for the exam.
It is an easy course and can be completed in few days if we want .Thank you.
REMIC study materials, online course instructors, videos, exam preparation tools all helped a lot in achieving my first step in clearing the mortgage agent course, which will help me start the long journey towards successful career path.
Today, I have got an opportunity to participate in the live webinar on zoom with Cain Daniel the Introductory workshop about new Mortgage agent. Daniel has explained beautifully about the topic. Great job and thank you REMIC to give us an opportunity to join.
Highly recommend REMIC! Very easy to navigate and informative!!
It was a great program and was very easy to navigate. Instructors were great!, plenty of quizzes that helped you prepare for your exam.
Very nice experience and experienced TutorThanks Mr Jay Brannan for your support
Topic and content are very relevant and current... excellent presentation on "ChatGPT - Prompt Engineering".Strongly recommend. Thanks for sharing this great content !
1. Clarity: Information was presented clearly and understandably.2. Structure: The course was well-organized and logical.3. Application: Practical examples were useful for applying concepts.4. Engagement: The course was engaging and maintained interest.5. Resources: Materials provided were helpful and relevant.6. Support: Adequate support was available for questions.
Easy to follow course material, awesome tutorials!
I recently completed the REMIC Mortgage Agent Course, and I couldn't be more pleased with my experience! I found the course to be incredibly informative and well-structured.
Very good and informative. All the information up to the mark. Instructors are very experienced, and they know what they teach very well. Highly recomanded to do the COURSE WITH WEBINAR. book it 3-4 days in advance, so you can have your physical book with you before you start, and can read as instructed before your first day. Chapter Quizes and Exam Prep Quizes are very important before writting exam.
Easy to use online course. You can complete it at your own pace.
Time well spent, very personable experience in the live webinar.
I recommend REMIC for all students interested in pursuing a Mortgage career regardless of your financial or non-financial career background. The learning outcomes, objectives & methodology offered throughout this course represents the professionalism REMIC strives for to improve the client / borrower service experience.
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Frequently Asked Questions

Popular FAQS

In addition to financial institutions that are CMHC approved lenders under the National Housing Act, the level 2 licence authorizes licensees to deal and trade in mortgages with all mortgage lenders, including mortgage investment companies, syndicates, private individuals, agents, brokers, and brokerages.

The course is valid for licensing for 2 years from the date of completion.

Any licensee wishing to deal in private lending should take note of the following key dates:

  • April 1, 2023: new licensing classes come into effect
  • October 31, 2023: deadline to pass the Private Mortgages Course (PMC) Challenge Exam
  • March 31, 2024: deadline to complete the Private Mortgages Course (PMC)

There is no technical prerequisite to take this course, however, this course is typically completed by existing mortgage agents, level 1 who want to upgrade their licence to an agent, level 2.

The licensing and experience requirements below are effective as of April 1, 2023.
Mortgage Agent Level 1

  • Experience: No experience required.
  • Education: Successfully complete an approved mortgage agent course for licensing in Ontario, such as REMIC’s RMAC.
  • Licensing: Apply for a mortgage agent level 1 licence within two years of successfully completing an approved course.

Mortgage Agent Level 2

  • Experience: Applicants must have at least 12 months of experience over the last 24 months as a mortgage agent level 1.
  • Education: Successfully complete REMIC’s Private Mortgages Course (PMC).
  • Licensing: Apply for a mortgage agent level 2 licence within two years of successfully completing the course.

Mortgage Broker

  • Experience: Applicants must have at least 24 months experience over the last 36 months as a mortgage agent level 2.
  • Education: Successfully complete an approved mortgage broker course for licensing in Ontario.
  • Licensing: Apply for a mortgage broker licence within three years of successfully completing an approved education program.

The following transition period is relevant for those that are currently mortgage licensed in Ontario.

Individuals with five or more years of continuous licensing as of April 1, 2023:

Mortgage Agents – To transition to mortgage agent level 2, individuals must:

  • complete the Private Mortgages Course (PMC) by March 31, 2024, OR
  • pass the Private Mortgages Course (PMC) – Challenge Exam by October 31, 2023 (1 attempt limit)

Mortgage Brokers – To maintain their mortgage broker licence, individuals must:

  • complete the Private Mortgages Course (PMC) by March 31, 2024, OR
  • pass the Private Mortgages Course (PMC) – Challenge Exam by October 31, 2023 (1 attempt limit)
  • Brokers who do not meet the new education requirements will transition to the mortgage agent level 1 licence upon renewal on April 1, 2024 and cannot carry out activities as a Principal Broker.

Individuals with one to five years of continuous licensing as of April 1, 2023:

Mortgage Agents – To transition to mortgage agent level 2, individuals must:

  • complete the Private Mortgages Course (PMC) by March 31, 2024.

Mortgage Brokers – To maintain their mortgage broker licence, individuals must:

  • complete the Private Mortgages Course (PMC) by March 31, 2024.

Individuals with less than one year of continuous licensing:

Mortgage Agents – To transition to mortgage agent level 2 must:

  • attain one year of experience AND
  • complete the Private Mortgages Course (PMC)

Mortgage Brokers – To maintain their mortgage broker licence, individuals must:

  • complete the Private Mortgages Course (PMC) by March 31, 2024.
  • complete the Private Mortgages Course (PMC) by March 31, 2024.
  • Brokers are exempt from attaining two years’ experience as a mortgage agent, level 2 prior to transitioning to the new broker licence.

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