About Mortgage Agent Licensing Course

Each calendar year a dedicated broker for a licensed mortgage Broker needs to take a continuing course and the course he takes should be NMLS approved in order for him to keep up with the increasing competition out there and continue working.

Once the course has been completed, the concerned institute needs to report it within seven days to the NMLS. This way the candidate can be considered eligible for viewing by the MLO and the sponsors and regulators. Note that there is a significance difference between the pre licensing education and continuing education courses. The Pre Licensing course is for candidates who are applying for a license while the CE is for those who are renewing their license. You should also be aware of the fact that different course providers charge a different fee. Therefore the course price and the institute should be chosen accordingly.

Ontario mortgage agent licensing course vary with every passing year. Some important tips for those who are going to take the course are:

• Only select NMLS approved Continuing Education courses from the NMLS Master Course Catalog. A link to the catalog is below.
• Be sure to take Continuing Education (CE), not Pre-Licensing Education (PE).
• Do not take the same course(s) two years in a row. This does not mean you cannot take a course(s) from the same provider. It means you cannot take the exact course two years in a row.
• Finish your Continuing Education early: Continuing Education providers have up to 7 days to report completed courses. Until the Education is posted to your record, you cannot renew your license.

The exciting training program for mortgage agents to achieve new heights!

The career of mortgage agent is surely very exciting and it has a big scope and promising career looking at the increasing needs of people going for mortgage loans. The niche requires certain basic skills and knowledge to suggest guide and handle the customers in a better and systematic manner. There is an equal need for structured course that deals with the nooks and corners of the subject. It is required that the courses must cover the salient features in a detailed manner. Their primary goal is to making brokers better and it has become a reality with the neatly designed training courses with truly committed approach!

The Real Estate and Mortgage Institute of Canada Inc is committed to offer 100% professional, structured and ethics based training to the budding professionals and strive hard continuing education mortgage agent. Their objective is to churn out every mortgage agent who is ethical, enthusiastic, inspired and innovative. It is a member driven online community of highly motivated and positive minded brokers keen to add value to their own personality by personal involvement. The mortgage professionals getting passed out from the institute are the real brand ambassadors with higher levels of skill, enthusiasm and moral values aspiring to reach high in the career.

The training at REMICA is approved by FSCO and meets the guidelines and framework about the licensing requirements of new mortgage professionals. The program not only looks at continuing education mortgage agent theoretically, but looks at the practical scenarios as well with real-life examples.

How to Become a Licensed Mortgage Agent

A lot many people in Canada are finding themselves inclines towards a career in mortgage industry. While there a few states which do not require you to possess a valid license to become a mortgage agent, there are others which have made it compulsory to take up a mortgage course to get one. If you are residing in Ontario and wanting to become a licensed professional in this field, you can choose to take up the Ontario mortgage agent course offered by REMIC.

REMIC, which stands for Real Estate and Mortgage Institute of Canada, is an institute dedicated to brokers so that they co do their business in an efficient manner. The institute has an official approval of Financial Services Commission of Ontario. So, all the courses provided by the institute hold valid recognition as they meet the educational requirements set by FSCO. It is compulsory for you to hold a mortgage agent license to broker mortgages in Ontario.

The course is offered in a variety of formats so as to meet the needs and requirements of different individuals. You can choose to take up the course both, online or by attending classes which are conducted throughout the year. The course will equip you with the necessary qualifications and skills which are required to become a successful professional in this field. You can begin the course any time of the year, as per your convenience.

So, sign up for the Ontario mortgage agent course and set yourself for a remarkable career in this field.