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.

This course requires registration with RECA.

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


EXAM: Administered by RECA.
EXAM LOCATION: RECA approved Exam Centres




"I am thrilled to share that I have successfully passed the exam! The course has been an incredible learning experience for me, and I would like to express my gratitude to you and the entire faculty for providing such a comprehensive and well-structured curriculum. The guidance and support I received throughout my studies have been invaluable in helping me achieve this milestone."



"I passed my Fundamentals exam in first attempt all thanks to Raman. I bought the online video course and it was really helpful and in details. It's an excellent school for Real Estate license."



"Their material saved me in my Fundamentals of Real Estate Course. I signed up with a different course provider, but had the feeling there was something wrong/insufficient about the material. I bought the course material from Alberta Real Estate School and managed to ace the exam. I knew I would have failed if I had depended on my original course provider"



"The best Real Estate school. I passed my two exams (Fundamentals and Residential) on the first attempt. Raman, she is accommodating, helpful, friendly and has heightened knowledge of Real Estate. I wish I live in Edmonton to join her brokerage. I'm happy my son joined her team as a realtor because he is studying at UFA. Highly Recommended school."



"Raman provides an excellent course, she contextualizes the course material in a way that’s understandable. Would highly recommend her as a facilitator"

Test your knowledge before writing the exam!

Our Mock Test is designed to test your knowledge in a simulated environment, ideally to review your performance before writing your exam and get used to RECA's exam structure. Please note if you enroll to the Fundamentals of Mortgage Brokerage course, you don't need to buy this as it comes with it.