COVID-19 UPDATE: REMIC is pleased to provide all in-class courses as LIVE Webinars. Our offices are closed, and all exams are temporarily postponed until further notice. Online Exam Proctoring is coming soon. Support is available by phone at 877.447.3642 or by live chat between 9 am and 5 pm. Full and future updates available here at Coronavirus Update Page.

Your new career starts here!

REMIC is the #1 leading provider for the Ontario mortgage agent course, with over 30 thousand students in the REMIC Mortgage Agent Course in the last 10 years!

Join over 30,000 REMIC students!

Check our 5-Star Google rating and reviews to see what real REMIC graduates are saying
5.0
Based on 358 reviews
The instructor was amazing. the class was simple to follow and understand. It was worthwhile!
Linda Tobi
Linda Tobi
20:31 25 May 20
Did the online webinar with Kevin Rallings...great teache,r he is extremely knowledgeable and really makes sure you are understanding what he is teaching! Thanks Kevin!
Justine Lobo
Justine Lobo
19:56 15 May 20
Having fun studying HLLQP. Wonderful experience in changing my career to Insurance from Engineering and IT. Love it. REMIC is a wonderful place to do. Welcome others!!!!
Ramesh Bangalore
Ramesh Bangalore
16:43 13 May 20
REMIC has excellent course materials with online timed exams which simulate exam conditions after every module. In the end we also got a half day exam prep session which was great. I would recommend REMIC for your HLLQP exam preparation.
Clifford Savio Goveas
Clifford Savio Goveas
16:41 13 May 20
REMIC is the place to go for mortgage agent course. Simple and straight forward with lots of knowledge. Kevin is amazing! I registered for the same course with a different institute 2 years ago and ended up dropping out due to lack of support. REMIC it is!
Fahmy
Fahmy
20:08 12 May 20
Very educational course on Mortgage Business Legal guidelines to avoid fraud and maintain compliance.
Vivek Sagar
Vivek Sagar
06:01 03 May 20
Provided excellent training materials for the Insurance License exam.
Maz Yarm
Maz Yarm
14:41 29 Apr 20
Very simple straight forward and easy to digest the information
Daniel Harper
Daniel Harper
18:22 28 Apr 20
hey, this isnt a review, this is a enquiry. I am interested in this program, bt am on my PGWP work permit of 3 years. Am I eligible to do the course or is it illegal as I have heard we cant do studies while on work permit? Kindly clarify
J S
J S
03:20 22 Apr 20
The online webinar course is excellent, learned a lot! Kevin is a brilliant instructor and quite hilarious. I appreciate how he overcomes the limitation of the technology (not being face to face) and ensures everyone is paying attention and staying engaged. It keeps you on your toes.
Lee Hillman
Lee Hillman
16:51 17 Apr 20
I would recommend this online course as well as the 5 day in class course - very knowledgeable and the online is easy to use.
Maureen Montgomery
Maureen Montgomery
20:12 04 Apr 20
the organization from modules, folders to clock ,are fantastique that give a convenient place for the reviewer!
sam fafi posadas
sam fafi posadas
15:58 03 Apr 20
it was an awesome exposition, very educating, refreshing brilliant and builds your confidence.
Francis Onwuemele
Francis Onwuemele
19:39 26 Mar 20
Very user friendly and smooth process. Highly recommend.
Nathalie Clarke
Nathalie Clarke
16:48 26 Mar 20
I am very happy to graduate and become licensed as Mortgage Agent via REMIC.
Sukin Tamrakar
Sukin Tamrakar
19:19 24 Mar 20
price is right, easy navigation, doing online all their courses for the last 8 years
Gurbhinder Lobana
Gurbhinder Lobana
22:05 21 Mar 20
very informative with good examples that make you think!
Tangible Place
Tangible Place
20:00 20 Mar 20
Very user friendly with subject matter presented in a manner that was conducive to learning and recall for the subsequent quiz.
Oswald Providence
Oswald Providence
03:38 12 Mar 20
This is a wonderful course. It give user a lot of knowledge and very good examples. I recommend it.
CHANGJUN ZHU
CHANGJUN ZHU
18:24 11 Mar 20
Great course, great tutor, amazing results as I was able to clear the exam on the last day of the course. Highly Recommend In-Class course.
gursimran singh Tamber
gursimran singh Tamber
22:34 09 Mar 20
Course was a very valuable reminder of our ethics and client due diligence as an mortgage agent
Royale Realty
Royale Realty
01:37 09 Mar 20
The resource material used in this course was clear, very comprehensive and detailed..
Hutch Holness
Hutch Holness
23:35 08 Mar 20
On line HLLQP is easy to use hopefully it will correspond well with the provincial exam.
Rod Sano
Rod Sano
17:00 07 Mar 20
“WOW Professor Kevin Ralling” I hate giving reviews in google, but I have to recognize one of the professors named Kevin Ralling. I have been to several educational institutions in Canada, but I think this probably is the first time, I have come across such a phenomenal teacher. The first day I was a bit skeptical, but Kevin really surprised me. I just love the way he explains things. Every class is filled with sessions of laughter and at the same time a lot of learning in a very interesting and unique way. This is the kind of teacher a lot of educational institutions lack in Canada. We need more teachers like Professor Kevin Ralling. I dont know if I said too much, but I think he deserves more praise. Great job REMIC for having Kevin and Thank you Kevin for being such an awesome and exceptional teacher. He deserves a “WOW”. Thank you again
Arun Kumar
Arun Kumar
06:38 04 Mar 20
Simple and user friendly for any one . Well executed than the past CE courses. Cheers !!
Prem Chandrakumar
Prem Chandrakumar
20:35 02 Mar 20
Joe and Remic always prepare their courses and webinars with their student/participants in mind. Always easy to navigate, absorb and digest. Excellent job as usual.
Al G
Al G
04:48 01 Mar 20
Best course I have ever taken, not only was the content amazing and dollar value worth it, but the fact the level of professionalism was so high I have not seen matched in my experience before. If i never become a Mortgage Agent it is worth taking the REMIC course for the shear knowledge you will gain towards your own Mortgages and personal finances.
Frank Ljubanovich
Frank Ljubanovich
21:49 28 Feb 20
Provides very thorough and practical knowledge in an easily understandable manner.
Harmel Johal
Harmel Johal
22:50 27 Feb 20
REMIC - If you want to be a great mortgage agent; learn from Joe White and Kevin Rallings. My first instructor was Joe White and my first BDM was Kevin Rallings in 2004. It was nice to see my first BDM again in the Relicensing Course.
Vee Thompson
Vee Thompson
15:31 25 Feb 20
Verny informative and best customer Service glad to have you in Toronto.
Mr. Tahiri
Mr. Tahiri
12:52 22 Feb 20
The online course is well setup, and easy to follow and understand!
Nicole Chu
Nicole Chu
04:17 21 Feb 20
Very good place to learn the Mortgage courses, good teaching staff and online resources.
NAZIM AHMED
NAZIM AHMED
17:21 16 Feb 20
Instructor was very knowledgeable and friendly. I love his teaching method. I strongly recommend him and REMIC.
Zia Chowdhury
Zia Chowdhury
18:35 13 Feb 20
Excellent knowledge share and clear , concise topics and coverage to be a great knowledge person of Mortgage business.
Vijay Rana
Vijay Rana
22:57 11 Feb 20
I enjoyed all the learning videos, which actually provides a tool to accelerate the learning process. All the important topics are simplified so easy to understand. The couple of revisions of preparatory exams made me feel confident to attend the Certification exams. Thank you Prof. Rohan Singh!
Hemant Dixit
Hemant Dixit
06:07 11 Feb 20
Worth every $ to attend an in-class program. The amount of information, coaching and guidance packed into a week course is truly amazing!
Kevin Kev-in-ajax@hotmail.com
Kevin Kev-in-ajax@hotmail.com
22:57 23 Mar 18
onlineeducation-person

Career FAQs

There are 3 steps to get mortgage agent licensed in Ontario:

1. Pass The Course - the mortgage agent course can be done in as little as 5 days for as little as $338.

2. Get Hired - you must join a mortgage brokerage first before you can get licensed.

3. Complete the FSRA Application - the FSRA (formerly FSCO) licensed mortgage brokerage applies to FSRA for your mortgage agent license.

More info here

The mortgage agent course can be completed from start to finish in as little as 5 days, but you have up to 6 months.

Typically there are many brokerages that are seeking new agent in Ontario. We recommend using the FREE REMIC Job Bank where there are dozens of brokerages looking for new agents.

Mortgage agents are typically paid a commission by the lender (via their brokerage) after the mortgage is funded.  The fee or commission amount is based on a number of basis points (bps), or “beeps” as they’re commonly referred to in the brokerage industry.  See more here.

Mortgage Agent Course Overview

Complete the Ontario Mortgage Agent Course (RMAC) for licensing in-class, by live webcast or completely online in as little as 5 days or take up to 6 months

Course Overview

Mortgage Agent Course Overview

Course Summary:
Course Length: 47 hours (estimated)
Course Delivery: In-class, live webcast, online or mixed mode (in-class and online)
Final Examination: 3 hours (must be written in person)
Enrolment Period: one week up to 6 months

Topics Covered:
REMIC’s mortgage agent course is based on the textbook ‘Mortgage Brokering in Ontario – Agent Edition' written by REMIC founder Joseph White. The textbook is comprised of 23 different chapters, that touch on all the aspects that are included in the mortgage process.

For a detailed breakdown of the type of information that is in the course, you can click here to view the full table of contents.

In-class Course

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REMIC offers 3 different types of in-class registration (courses) designed to meet the varying needs of our students who prefer the in-class experience. All courses run from 10AM - 4PM and all modes include:

  • A hard copy of the mortgage agent textbook
  • Immediate full online access including a exam preparation guide and practice exams
  • The exam and a free rewrite if neccessary

Monday to Friday

  • Perfect if want to complete the course quickly and can committ a full week
  • 5 days in-class in a row Monday - Friday
  • the exam is written on Friday

2 Saturdays

  • Perfect for you if you want "face time" with your instructor but you can't commit to a full week
  • 1st Saturday in-class, 6 days online, 2nd Saturday in-class
  • the exam is written on the second Saturday

5 Sundays

  • Perfect if you want 5 full days in-class but can't commit 5 consecutive days
  • 5 consecutive Sundays in-class
  • the exam is written on the last Sunday

Live Webcast Course

webinar

REMIC offers 3 different types of live webcast registration (courses) designed to meet the varying needs of our students who prefer the live-class experience. All courses run from 10AM - 4PM and all modes include:

  • A hard copy of the mortgage agent textbook
  • Immediate full online access including a exam preparation guide and practice exams
  • An in-person exam and a free in-person rewrite if necessary (additional fees may apply for online proctored exams)

Live webcast courses are perfect for you if you prefer the live course experience but do not want to attend a physical in-class setting. During the web class you will be able to ask questions and get immediate response from the instructor.

Online Course

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The online course is best suited for those students who are able to work on their own, enjoy or need to be able to work at their own pace and have a minimum level of self-motivation. This version of the course offers the flexibility to meet even the most demanding schedules.

REMIC offers 2 different types of online courses. Online registration with a hard copy of the textbook for $365 and online registration with an e-textbook (pdf) only for $338.

Each version includes:

  • Dedicated online instrcutor
  • Immediate online access including a pdf soft copy of the textbook
  • Online quizzes, discussions, assignments, video tutorials and the exam prep guide and practice exam
  • Finish the course from within 1 week or take up to 6 months
  • Exams every Monday and Friday in Toronto, every other Monday in Mississauga, or at any College or University of your choice

Course FAQ

FAQ Topics- Click on a topic to see the available questions

FAQ Questions - Click on a question to see the answerTax Deductions

RMAC EXAM

Online assignments

Licensing

Job Placement

Registration / Paying for a course

Withdrawals

Online course

In-Class Courses

FAQ Answers
Do I get a T2202A? 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.

Is this course tax deductible?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).

When do you issue the T2202A? 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.

How long is the final exam? You have 3 hours to complete the exam.

How many questions are on the final 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).

Where can I write my final exam? 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.

When will I get my grade / know if I passed? 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.

When do I get my certificate if I pass? 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.

What do I have to bring to the exam? 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.

Do I have to do the online assignments and discussions? 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.

Is this course recognized by the regulator / Financial Services Regulatory Authority (FSRA)?Yes, the REMIC Mortgage Agent Course (RMAC) is approved by FSRA and meets the educational requirements to obtain a mortgage agent license in Ontario.

How do I apply for my license once I'm finished 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.

Do I have to take continuing education to maintain my license? Yes, there is a mandatory course that you will need to take before you are able to renew your license. In 2012 it was the Mortgage Broker Re-Licensing Education 2012 course, which was a 5 hour course. We provided it online for $30 and in-class for $50.

Do I have to begin the course on a specific date? 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.

How much time should I devote to the course each day? 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.

How do I receive my textbook? 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.

What is the cost of the course? The cost of the course is $345, which includes the textbook, online delivery, the examination and a free rewrite if needed. There are no other costs associated with the course other than GST.

How can I pay for the course? 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 213 where you can pay by debit card, Visa, Mastercard or cash.

Who teaches 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.

How does job placement work? Once you have passed the course you will have the option to create a free account in the REMIC Shark Bank. The Shark 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.

What if I fail the exam? If you fail the exam you can arrange a rewrite exam at no additional cost to you at the next available exam date. If you fail the rewrite you must re-enroll in the course, paying the full tuition plus GST. This is a FSRA requirement.

Do I need to be internet or "tech savvy" to take the online course? No, the course is designed for those with basic computing skills, however the course contains rich, interactive content designed to engage you.

What if I disagree with my exam grade? If you fail the exam you may request to review it at a time convenient to both yourself and REMIC. Please refer to our Policies and Procedures Manual for additional information.

Do I have access to a "live" person in the online course? Of course! Your Professor, an industry professional, is there to help, Monday to Friday during regular business hours.

Am I on my own in the online course? 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.

Are there any prerequisites to taking the course? 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.

When can I drop the course and get a refund? Can I transfer or get an extension? 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.

What is the pass/fail rate? 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. Students may defer the exam indefinitely if he or she feels unprepared for the exam. There is no cost for this privilege.

I'm not prepared for the exam. What can I do? You can request to defer the exam without cost or penalty, as long as the course is completed within 6 months of initial registration. This option is available to both online and in-class students. As REMIC hosts open examinations every week, when you are ready you can book yourself in and write the exam.

Can I work at my own pace? Yes. You can complete the course in as little as one week or take up to 6 months - the choice is yours.

What is the difference between an agent and a broker? 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 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 registered, how long does it take before I get access to the online course? 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.

Is this course offered in house at brokerage's offices? 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. The cost of the course is $345. A brokerage may charge an additional fee to the student for additional services it provides before or after the course, however the REMIC charge is $345 and REMIC does not charge nor does it receive any additional fees.

How long is the course valid/good for? 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.

How do I register for the mortgage agent licensing course? Registration is easy. Simply go to www.remic.ca/agentcourse 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 213, North York, ON, M2J1W8 (Business hours are Mon-Fri, 9AM - 5PM). We accept Visa, Mastercard, Amex, debit, cash or certified cheque.

Registration Options

choose your registration option below

Online

$338

e-text

  • Fully online
  • PDF textbook only
  • Registration bonuses
  • Immediate access
  • Dedicated instructor
  • 6 month enrollment
Select

Online

$365

wt/ textbook

  • Fully online
  • Hard textbook + PDF
  • Registration bonuses
  • Immediate access
  • Dedicated instructor
  • 6 month enrollment
Select
NEW OPTION

Live webcast

$385

wt/ textbook

  • Live webcast delivery
  • Hard textbook + PDF
  • Registration bonuses
  • Immediate access
  • Dedicated instructor
  • 6 month enrollment
Select

In-class

$385

wt/ textbook

  • 3 in-class options
  • Hard textbook + PDF
  • Registration bonuses
  • Immediate access
  • Dedicated instructor
  • 6 month enrollment
Select

Is this the Right Career for you?

Take REMIC's 2 minute career quiz to help figure out if a career as a mortgage agent is right for you!

 

Our Mission


To support entrepreneurs and careers in financial services.

About

Founded in 2008 by Joseph J. White, author of the textbook used by both the REMIC and Seneca College courses for agent licensing, and numerous sales resources, the Real Estate and Mortgage Institute of Canada is the Institute dedicated to the mortgage brokerage industry and the life insurance industry. Mr. White founded the Institute to meet the needs of financial services professionals by focusing solely on the mortgage brokerage industry. In 2016 REMIC expanded its educational offerings to include the life insurance agent course, called the HLLQP.

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Experience REMIC's Fanatical Service!

We know you want answers fast. All of our support team members are subject matter experts and are empowered to make decisions on your behalf right away.

Live Chat

Chat with us 9am-7pm M-F and 9am-5pm Sat-Sun

Phone

Call 877-447-3642 and talk to us from 9am-5pm M-F

Email

Email us 24/7 at support@remic.ca (Typically 1 business day response)

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