AlbertaMortgageExam · Topics · Exam guide · Sample questions
This is a training format: it does not reproduce the official exam format.
Real Estate Act Rules on disclosure, service agreements and trust, the Law of Property Act on foreclosure and redemption periods, the Land Titles Act, PIPA: the framework an Alberta mortgage associate works in.
110 questions on interest and rates alone: semi-annual compounding under the Interest Act, periodic and effective rates, payments, balances and prepayment penalties, with the calculation shown in each explanation.
Fundamentals: 120 questions in 3 hours. Practice: 100 questions in 3 hours. Both marked at 70 %, the pass mark RECA publishes, with topics weighted on RECA's competency weights.
The answer, the rule, section or blueprint outcome behind it, and why the other options fail. You learn the reference, not just the letter.
See which of the ten topics is holding you back before you book your attempt, with best score, questions answered and practice exams completed.
No. Every question is written by us from public sources: the Real Estate Act and Rules, RECA's competency exam blueprints and guidance, the Interest Act, OSFI Guideline B-20, the Insurable Housing Loan Regulations, the Law of Property Act, the Land Titles Act and FINTRAC rules. No exam question is reproduced and no other question bank has been copied.
900 questions across ten topics. Six topics (590 questions) feed the Fundamentals of Mortgage Brokerage practice exam and six (515 questions) feed the Practice of Mortgage Brokerage one; the two communication and fundamentals topics serve both. The Mortgage Broker Program exam is not covered.
RECA publishes a 70 % pass mark, 120 questions for Fundamentals exams and 100 for the others, and three hours for pre-licensing exams. Our practice exams use those numbers. RECA's exams also include item types such as multiple response, matching, fill in the blank, hotspot and spreadsheet questions; ours are four-option multiple choice only. Topics are weighted using RECA's published competency weights, split between our topics by the blueprints: that split is ours, not RECA's.
RECA states $235 per attempt and two attempts within three months of completing your course; after that, the course has to be taken again. Check RECA's exams and policies page for the current rules before you book.
RECA's calculator policy requires the Qualifier Plus 4x for the Practice of Mortgage Brokerage exam. Our mortgage math explanations show each step (periodic rate, payment, balance, penalty) so you can reproduce it on that calculator.
The bank was written in October 2026. Figures that change by federal announcement, such as the minimum qualifying rate or mortgage insurance premiums and limits, are dated in the question. If a rule changes after that date, always check the current version at the official source.
Yes, at any time from your account, with no notice period and no penalty. The subscription renews automatically every month until you cancel; cancelling stops the next renewal and your access continues to the end of the period already paid for.
No. You must complete your pre-licensing course with a RECA-approved provider, and licences are issued by RECA. This platform is a practice tool: it drills the material and shows you where you are weak before you book. It does not enrol you, register you or issue any licence.
No. AlbertaMortgageExam is an independent private study platform. It is not affiliated with, endorsed by or associated with the Real Estate Council of Alberta (RECA), Pearson VUE or any course provider.
Yes. The platform is fully responsive, so the question bank, the study notes and the practice exams work the same on a phone, a tablet or a desktop.