PRACTICE OF MORTGAGE BROKERAGE - RECA RECOGNIZED COURSE
It is the second course required to get licensed as a Mortgage Broker in Alberta. This course will help learners acquire the knowledge needed to practice as a Mortgage Broker in Alberta.
Coming soon, the Practice of Mortgage Brokerage course is the second course required to complete the course and get licensed as a Mortgage Broker professional in Alberta. The Fundamentals of Mortgage Brokerage course is a pre-requisite to this course.
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.
In addition, the students will have access to the industry leading exam prep materials which include extra practice questions, summarized notes and mock tests to help prepare for RECA’s licensing exam.
Learners have 2 attempts to pass the licensing exam with 70% passing marks required.
Welcome to Alberta Real Estate School!
Student Prizes
Terms of Service
Refund Policy
Course Completion Timeline
RECA Exam Guidelines for Learners
RECA Exam Preparation Guide
Learner's Code of Conduct
Unit 1 - Understanding the Business
Unit 1 Quiz
Unit 2 - Interest Concepts and Mortgage Loan Variables
Unit 2 Quiz
Unit 3 - Understanding the Mortgage Process
Mortgage origination standards
Unit 3 Quiz
Unit 4 Handout - (Downloadable)
Unit 4 - Commercial Mortgages
Unit 4 Quiz
Length: 80 hours
Delivery: Online/Self-Study
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EXAM GUIDELINES:
EXAM: Administered by RECA.
EXAM LOCATION: RECA approved Exam Centres
DURATION: 3 Hours
TOTAL No. OF ATTEMPTS: 2
PASSING GRADE: 70%