REMIC Private Mortgage Course 2024 Level 2 Exam Prep Study Kit
⭐⭐⭐⭐⭐ Rating: 4.8 · 1,652 reviews
Click Here to See Our Google Reviews
What is the Private Mortgages Course (PMC)?
The Private Mortgages Course (PMC) is a course designed to teach students everything they need to know about private mortgages in Ontario.
Who needs to take the Private Mortgages Course (PMC)?
The Private Mortgages Course (PMC), REMIC's mortgage agent level 2 course, is a mandatory licensing course that licensed mortgage agents (level 1) and mortgage brokers must complete in order to upgrade to the level 2 mortgage agent licence or maintain their mortgage broker licence.
What is the mortgage agent level 2 licence?
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.
How long is the course certificate valid for?
The course is valid for licensing for 2 years from the date of completion.
What are the key dates?
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)
Study Kit Contents
Part 1 Readings, study notes and cases for all chapters
Part 2 Exam Questions and Answers
100 Exam bank questions and answers
Part 3 Flashcards
Printable index cards with a question on the front and answer on the back. These can be shuffled to test your knowledge
Website: www.coursetreelearning.com
Twitter: @CoursetreeL
Required Legal Disclaimer
The trade-marks . Real Estate and Mortgage Institute of Canada (REMIC) are trade-marks owned by Real Estate and Mortgage Institute of Canada. Real Estate and Mortgage Institute of Canada does not sponsor, license or necessarily recommend these notes and study material for any of its courses. Our firm is an independent supplier of educational services. Exam preparation materials are not sponsored by any other industry organization.