In 2025, the Real Estate Council of Alberta’s (RECA) Mortgage Broker Industry Council has mandated that all mortgage licensees complete a re-licensing education program which aims to enhance the understanding and practices surrounding private lending within the mortgage industry.
The Alberta Mortgage Brokers Association (AMBA) will administer the Mortgage Broker Private Lending 2025 Relicensing Course.
Registration is now open.
This course is designed to give you the skills and knowledge you need to:
• Understand how private lending works for borrowers and lenders
• Know when it’s right for your clients
• Guide clients on when best to enter or exit private loans
The 2025 re-licensing education program reflects the industry’s dedication to maintaining high professional standards while safeguarding the interests of consumers who rely on mortgage professionals for sound advice and services.
Important: complete the course before licence renewal
You must complete the Mortgage Broker Private Lending 2025 Relicensing Course before you can start the licence renewal process for the 2025/2026 licensing year.
• Course now open for registration at: https://mortgagecourse.ca/course/private-lending-course
• RECA Licence renewal opens: August 18, 2025 (you cannot renew your licence until you complete the course)
• RECA Licence renewal due: September 30, 2025