Mortgage Broker Course – 2025
This course is required for all mortgage licensees in Ontario who want to upgrade to a mortgage broker licence. this challenging course will prepare you for the next phase of your career!

Flexible schedule

6 months, Learn at your own pace

4.5

(1888 reviews)

Taught in English

Presented in the English language

Certification

2 years valid for licensing

Benefits of a Mortgage Broker License
01
Advertise as a mortgage broker: The most prestigious title in the mortgage brokerage industry – get the recognition you deserve
02
Supervise a team of agents: ONLY a licensed mortgage broker may supervise agents – now you can lead a team and share your expertise!
03
Become a Principal Broker: The Principal Broker is responsible for everything compliance related and is highly regarded. Only a mortgage broker can be a Principal Broker.
What you’ll learn

Based on the textbook Mortgage Brokering in Ontario – Agent Edition by REMIC founder Joseph White, this course features 23 chapters covering every critical aspect of the mortgage process.

click here to view the full table of contents.

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 (in-person, when reinstated or online proctored)
  • Enrolment Period: one week up to 6 months
Choose the Course Format That Fits Your Lifestyle

Whether you prefer learning at your own pace, want the energy of a live class, or thrive in a traditional classroom setting, REMIC offers flexible formats to suit your needs:

Online Course

The Online Course is perfect for self-motivated learners who need maximum flexibility. Study when and where it suits you best.

  • Choose between a hard copy or digital PDF textbook
  • Includes instant online access with quizzes, assignments, video tutorials
  • Exam preparation guide and practice exam included
  • Support from a dedicated online instructor
Live Webcast Course

Prefer live instruction without leaving home? The Live Webcast Course brings the classroom to you—interactive and real-time.

  • Classes run from 10 AM – 4 PM, fully online
  • Includes a hard copy textbook and full digital access
  • Interact with instructors and get immediate answers
  • Access exam prep tools and practice exams online
In-Class Course

Designed for learners who value face-to-face interaction in a structured classroom environment.

  • Held at our physical location from 9:30 AM – 4:00 PM
  • Includes a hard copy textbook and full online access
  • Comes with exam preparation materials
  • Includes the final exam and one free rewrite (fees may apply)
For Course Enrollment

Open to everyone. Recommended: high school education or equivalent skills in English/French and math.

For Licensing (FSRAO Requirements)

  • 18+ years of age
  • Resident of Canada
  • Ontario mailing address (no P.O. box)
  • Authorized and working with a single Mortgage Brokerage
  • Meet education requirements
  • Valid email address
⏳Course Length: 47 hours (estimated)
📝Final Examination: 3 hours (Online using our Online Proctored Exam partner)
🌍Language: English
💻Course Delivery: Online
📆Enrolment Period: One week up to 6 months

Course content:
Chapter 1: Market Overview Chapter 13: Application Analysis – Application Ratios
Chapter 2: Basic Mortgage Concepts Chapter 14: Application Analysis – Borrower Credit
Chapter 3: Advanced Mortgage Concepts Chapter 15: Application Analysis – The Property
Chapter 4: Property Ownership in Ontario Chapter 16: Choosing the Lender
Chapter 5: Regulation and Legislation Chapter 17: Submitting the Application
Chapter 6: Transaction Overview Chapter 18: Borrower Disclosure
Chapter 7: Insurance in the Mortgage Industry Chapter 19: Closing the Transaction
Chapter 8: Calculating a Mortgage Payment Chapter 20: Contract Law
Chapter 9: Attracting a Client Chapter 21: Mortgage Remedies
Chapter 10: First Contact Chapter 22: Mortgage Fraud
Chapter 11: The Initial Consultation Chapter 23: Ethics and Mortgage Brokering
Chapter 12: Application Analysis – Borrower Documents Final Case Study
The RMAC Final Exam can be completed through our Online Proctoring Service any time before your course expiration date, although we recommend booking the exam at least 7 days before that date. RMAC provides you with all of the material you need to prepare for the exam, including an exam preparation quiz that based on previous exams. Once your exam is completed, the review process takes up to 3 days. If you pass the exam, you’ll then get access to your certificate!

  • Format: Online Proctored or In-Person (Toronto)
  • Length: 3 hours
  • Type: Multiple Choice (case study-based questions included)
  • Attempts: 2 (1st free, 2nd via paid online or free in-person)
  • Passing Grade: 60% (30/50)
  • Certificate: Issued within 3 business days post-exam

2025 Mortgage Broker Course Options

Live Webcast
Choose between a 5 day Mon-Fri class, 5 Sundays class or 4 weeks of weeknights class.
  • Live, scheduled webinar class
  • Live interaction with your instructor
  • Live online exam prep session
  • Printed textbook +$70 (Save $30)
  • + All online resources

$365 CAD

More Info
IN-Class Course

Choose any 5 day Mon-Fri class.

  • In-person classes
  • In-person instructor interaction
  • In-person exam prep session
  • Printed textbook ($100 value, pickup in-class)
  • + All online resources
$358 CAD
More Info

Why people choose Remic for their career

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Frequently asked questions

A mortgage broker is a professional who deals or trades in mortgages for a licensed mortgage brokerage. They may also be responsible for supervising the activities of one or more mortgage agents (levels 1 and 2).

The course is valid for licensing for 3 years from the date of completion.

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

  • Immediately: Registration is now open
  • 1 year: Your registration length – you can finish in as little as a week or take up to 1 year
  • 3 years: How long your certificate of completion is valid
  • Anyone can take this course, but we highly recommend that you are already a licensed mortgage agent level 2
  • To get licensed you must pass this course and be licensed for at least 24 of the past 36 months

    • You should upgrade your license for several reasons:

    • Title: if you’re not a mortgage broker you have to market yourself as a mortgage agent level 1 or mortgage agent level 2.
    • Knowledge: Knowing the legislation, best practices, and what you can and can’t do will help keep you on the right side of the law. Many contraventions are made due to a lack of understanding or knowledge.
    • Opportunity: As a mortgage broker you can be the Principle Broker of a brokerage, the most important compliance role in a brokerage. You can also start your own brokerage and hire and supervise agents.
    • Respect: Being a mortgage broker comes with the respect of the industry. We know how much goes into being a broker, from experience to knowledge. You deserve the respect!

    In short, NO!

    Your tuition includes:

    • the course,
    • access for up to one year,
    • unlimited exam prep attempts,
    • 2 examination attempts,
    • Exam review analysis report
    • a pdf manual,
    • support,
    • a live instructor,
    • Message My Teacher in your course,
    • and much more!

    Fine print:

    • If you fail your first examination attempt, there is as $25 rewrite fee for your second attempt
    • Free pdf included; Hard textbook is $100
    • Extensions from $50

    The exam consists of:

    • 100 multiple choice questions
    • 3 hour time-limit
    • 60% grade required to pass
    • Exams are online, proctored
    • Flexible daliy exam dates and times
    • Free exam analysis report is provided to all students

    More questions call us:

    📞(877) 447-3642
    📧 support@remic.ca