It’s never too late to find a better career. If you’re searching for a career with unlimited potential, the power to build a great business of your own, and
are willing to work hard and build relationships – you’ll love being part of the mortgage community.
You’ll love being part of the mortgage community.
As a mortgage broker, you have the freedom of flexible hours, the ability to work from anywhere in the world (even the beach), and tremendous earning opportunities (many brokers earning 6-figures). Best of all, you get to help people find the best mortgage possible and achieve their dream of home ownership.
There's no better time to start your career in real estate with a record number of Canadians moving to Alberta to take advantage of our affordable home prices. The Alberta Mortgage Brokers Association has been serving Brokers for over 48 years. Since 2016, we have successfully trained more than 1,500 mortgage broker candidates, we are the only approved course provider for mortgage broker training in Alberta.
You'll have a close-knit community of mortgage professionals supporting you through the licensing process and as you launch your career.
Each course has a fee of $1,500 and includes access to the online course and on-demand learner support from our education committee. Once the courses are completed, each RECA exam costs $235 plus GST and there is a $575 licensing fee. This may seem like a big investment, but don' t worry - the commission from your first few deals could easily cover all of these costs.
No, this is an online, work-at-your-own-pace course to allow candidates the most flexibility. You have six months from your start date of each course, and then three months following the completion of each course to pass the licensing exams at RECA.
It depends on how quickly you complete each course. However, on average, it takes between 12 and 18 months from starting the first course to becoming a fully licensed Mortgage Broker.
Not at all! You have the full support of our Education Support Team, which includes practicing brokers, lenders, insurers, and other mortgage professionals. We're here to answer your questions and provide additional support throughout your program.
Nope! This is a common misconception! Mortgage brokers have tools to take care of the math and numbers - this is primarily a relationship-driven job. You will learn the formulas in the courses, but you’ll have access to a special mortgage calculator to help you.
You'll need to have a solid understanding of the ethical and conduct standards and what you can and cannot do as a mortgage broker - but this is all covered in your courses!
Once you complete your licensing exams, you will need to find a Brokerage to work for. When you complete our program, we'll provide you with a Graduate Guide that will help you find the Brokerage that is the best fit for you. While you're taking your courses, you'll also receive exclusive invitations to industry events and professional development sessions throughout the province, where you'll have the opportunity to make connections in the industry and learn about the various Brokerages.
Not at all. As of the last five years, we've seen an even split between women and men enrolling in our courses and becoming licensed brokers.
Once AMBA has received your enrolment request, you will receive an email containing a checklist of next steps for you to follow. Additionally, our Education Team will be in touch within 3 business days to confirm your eligibility.
If you have any questions, please don't hesitate to reach out to us at firstname.lastname@example.org or by calling 587-774-9828