Fundamentals of Mortgage Brokerage – RECA recognized course


Fundamentals of Mortgage Brokerage course is the first course to get licensed as a mortgage brokerage professional in Alberta.


Fundamentals of Mortgage Brokerage course is the first course required to get licensed as a Mortgage Brokerage professional in Alberta. This course will help learners acquire the fundamental knowledge about the mortgage brokerage industry.

The online course includes self-paced study materials, video training and practice quizzes to test your knowledge and understanding of the key concepts for each unit.

Learners have 6 months to complete the course and write the licensing exam with RECA. Learners have 2 attempts to pass the licensing exam with 70% passing marks required. Then the learners can proceed to the Practice of Mortgage Brokerage which is the second course required for licensing.

In addition, as a BONUS, students will have access to our industry leading exam prep materials which include extra practice questions, summarized notes and mock tests to help prepare for RECA’s licensing exam.

Course Outline:

Unit 1 – Understanding Mortgage Brokerage
Unit 2 – Introduction To Mortgages
Unit 3 – Contract Law
Unit 4 – Real Property Law and related Legislation
Unit 5 – Mortgage Law and related Legislation
Unit 6 – The Real Estate Act, Rules and Regulations
Unit 7 – Mortgage Brokerage Relationships
Unit 8 – Mortgage Fraud Awareness
Unit 9 – Ethics, Professional Conduct and Risk Reduction
Unit 10 – Theory of Property Valuation

Length: 80 hours
Delivery: Online/Self-Study


  1. Study Materials
  2. Video Lessons
  3. Unit Quizzes
  4. Additional Exam Prep Materials
    1. Summarized notes
    2. Extra Practice Questions (over 800)
    3. Mock Tests
    4. Important Topics Review

Exam Guidelines/Next Steps:

Exam: Administered by RECA
Exam Location: RECA approved Exam Centres
Duration: 3 hours
Total No. of Attempts: 2
Passing Grade: 70%

This course requires registration with RECA.