Description

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.

Course curriculum

    1. Welcome to Alberta Real Estate School!

    2. Terms of Service

    3. Refund Policy

    4. Course Completion Timeline

    5. RECA Exam Guidelines for Learners

    6. RECA Exam Preparation Guide

    1. Learner's Code of Conduct

    1. FMB Review

    1. Understanding the Big Picture

    2. Understanding the Big Picture

    3. Lending And The Mortgage Business

    4. The Role Of Brokers Or Associates In The Mortgage Business

    5. Unit 1 - Understanding the Business

    6. Understanding the Business

    7. Understanding the Business

    8. Unit 1 Quiz

    1. Please Send Us Your RECA Contact ID

    1. Unit 2 - Interest Concepts And Mortgage Loan Variables

    2. Overview: Mortgage Loan Fundamentals

    3. Mortgage Loan Fundamentals

    4. Overview: Mortgage Transaction Basics And Calculations

    5. Mortgage Transaction Basics Combo

    6. Calculating Payout Penalties-Three Month Interest Penalty

    7. Calculating Payout Penalties-Interest Rate Differential Penalty Calculation

    8. Calculating Payout Penalties-Claw Back Penalties

    9. Comparing Options-Refinancing And Payout Penalties

    10. Calculating Monthly Payments On Renewals And Refinances

    11. Blending Interest On Refinanced Mortgages

    12. Overview: Mortgage Products

    13. Mortgage Products

    14. Unit 2 Quiz

About this course

  • $1,497.00

Length: 80 hours
Delivery: Online/Self-Study

Next Step:

Book your exam

EXAM GUIDELINES:

EXAM: Administered by RECA.
EXAM LOCATION: RECA approved Exam Centres
DURATION: 3 Hours
TOTAL No. OF ATTEMPTS: 2
PASSING GRADE: 70%

REVIEWS

Anuradha

⭐️⭐️⭐️⭐️⭐️

"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."

Ankur

⭐️⭐️⭐️⭐️⭐️

"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."

Kuda

⭐️⭐️⭐️⭐️⭐️

"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"

Laith

⭐️⭐️⭐️⭐️⭐️

"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."

Katarina

⭐️⭐️⭐️⭐️⭐️

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

Become a Real Estate Agent in Alberta

Enroll today and equip with the knowledge and necessary skills to pass the Alberta Real Estate Exam in the first attempt.

Start today!