Licensing & Renewals > Mortgage Brokerage > New to the Industry > Education

Education

The Real Estate Council of Alberta (RECA) takes an active role in the development and delivery of pre-licensing education programs. Individuals who wish to become licensed real estate industry members must complete the Mortgage Associates’ Program (MAP).

MAP is offered by the Alberta Mortgage Brokers’ Association (AMBA), and may be completed in-class or online.

Latest Information on the implementation of the new Mortgage Associates Program

Costs
The fee to register in MAP is the same whether a learner wishes to complete the in-class version or the online version. Please contact AMBA directly for information about fees.

Registration
To be register for MAP, you must:

  • Complete an online application through the AMBA website. (The online application must be completed prior to sending additional documentation to AMBA);
  • Send a copy of Government-issued identification that states your full legal name and birth date to AMBA (acceptable forms of identification include passport, driver’s licence and birth certificate); and,
  • submit official proof that you hold a minimum of a high school diploma in Canada, or an equivalency. Ensure your official transcript is sent directly to AMBA from the institution you attended. Acceptable transcripts include:
    • High school transcript, indicating that a diploma was granted, mailed from Alberta Learning or another Canadian provincial department of education
    • A transcript of a two-year diploma from an accredited Canadian college or technical institution
    • A transcript of a completed degree from an accredited Canadian university
    • Educational assessment from a member of the Alliance of Credential Services of Canada indicating qualifications general comparable to high school completion, a two-year diploma or a degree
    • Proof of successful completion of the General Educational Development (GED) test

Note that apprenticeship transcripts are NOT accepted as a pre-requisite for MAP.

  • Grade 12 English competency.

Once all documentation has been received and approved by AMBA, you will receive an email with instructions on how to register in the course. Payment for the course is made at the time you register.

Program Structure
The program structure is the same whether a learner completes MAP in-class or online. It includes a Provincial Qualifying Exam.

Getting Licensed
You must apply for your mortgage associate licence within one year of completing MAP.

 

COMPLETING MAP IN-CLASS

MAP is offered in-class in Calgary at Mount Royal University and in Edmonton at Grant MacEwan College.

The course consists of 72 hours of classroom time, which can be completed in three weeks (full-time) or two months (part-time evenings). Learners can choose to write the Provincial Qualifying Exam immediately after completion of the course, or any time after completion as long as the exam, and re-write (if necessary), are written within one year of course start date.

Note: Minimum 70% attendance in class is required to be eligible to write the Provincial Qualifying Exam.

COMPLETING MAP ONLINE

The online MAP provides learners throughout the province with access to the licensing program via the web. This format includes the same content as in-class MAP.

Chapter review quizzes follow each chapter and require a passing grade of 70% to allow access to the next chapter. Note: A minimum grade of 70% on each of the chapter quizzes is required to be eligible to write the Provincial Qualifying Exam.

Learners can choose to write the Provincial Qualifying Exam immediately after completion of the course, or any time after completion as long as the exam, and re-write (if necessary), are written within one year of course start date.

Learners enrolled in online study will receive the same student manual and appendix of sample documents as students enrolled in classroom study. These will be provided in PDF format. They will also receive a Mortgage Tables Book for mortgage math calculating, which will be sent by mail.

Learners with questions regarding course content may direct enquiries directly to AMBA.

NOTE: In order to write the Provincial Qualifying Exam, learners will be required to show government-issued photo identification (for example, passport or driver’s licence).

 


 
 
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