Mortgage Associate
Information you need to know to work as a Mortgage Associate
Who is responsible for registering Mortgage Associates/Brokers in Alberta?
In Alberta, to call yourself or to work as a Mortgage Associate or Mortgage Broker, you must be registered with the Real Estate Council of Alberta (RECA).
NOTE: While the term Mortgage Broker is often used in place of the term Mortgage Associate, when applying for a license, please be aware that a Broker is responsible for all activities in a Brokerage. An Associate works for a Broker.
What are the licensing requirements?
Internationally educated Mortgage Associates must follow the same process to become a Mortgage Associates as new Mortgage Associates. The only exceptions to this rule are listed on the Coming from Another Jurisdiction page on the Real Estate Council of Alberta website.
Internationally educated Mortgage Associates must:
- Meet the Eligibility Criteria
- Complete the training as identified on the Mortgage Brokerage Education Requirements web page
- Submit a Certified Criminal Record Check from the Royal Canadian Mounted Police (RCMP)
- Contact a real estate brokerage in Alberta and obtain employment. Once your education is complete and RECA has your CCRC, your broker can initiate your licensing and registration application
Note: Applicants interested in becoming a Mortgage Broker are advised to contact RECA regarding the process to become licensed as a Mortgage Broker.
For complete information on the licensing process for Mortgage Associates/Brokers, visit the Licensing and Renewals page on the Real Estate Council of Alberta website.
What are the educational requirements for Mortgage Associates in Alberta?
In Alberta, to become a licensed Mortgage Associate/Broker, applicants must study and pass the Mortgage Associates Program (MAP) which consists of the Fundamentals of Mortgage Brokerage and Practice of Mortgage Brokerage courses offered through the Alberta Mortgage Brokers Association (AMBA). For specific information, visit the Education Requirements for Mortgage Brokers web page on the RECA website.
What are the accepted English language proficiency tests and where can I be tested?
Applicants must successfully achieve the required passing score on one of the RECA approved English Language Tests, see Education Eligibility.
To learn more about where to take an English language proficiency test in Alberta, visit English Language Proficiency Tests and Locations.
What resources and supports are available for internationally educated Mortgage Associates?
Directions for Immigrants offers workplace communication groups to help you integrate into the Canadian work environment. The Clear Communication for Business workplace communication group is designed to help internationally educated professional fine-tune their communication skills with colleagues, supervisors, and clients. In one week, you will learn through role-play and scenarios the nuances and expectations of the Canadian business culture. Topics include active listening, assertiveness, conflict resolution, problem solving, and teamwork. Visit Clear Communication for Business for more information.
What information resources are available for Mortgage Associates in Alberta?
- Real Estate Council of Alberta (RECA)
- Alberta Mortgage Brokers Association (AMBA)
- Canadian Association of Accredited Mortgage Professionals (CAAMP)
Additional Occupational Information
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