Every Alberta licence renews on the same day. The 2026 deadline has passed, so here is what happens if yours lapsed and what to plan for 2027.
Written by A.I.M.I. Collective Mortgage Group, Brokerage editorial team
Published September 2026 · Last reviewed 2 October 2026
Official sources: Real Estate Council of Alberta (RECA), RECA annual report 2024 to 2025, CREB housing statistics, Realtors Association of Edmonton market statistics
Mortgage brokerage in Alberta is regulated by the Real Estate Council of Alberta. The structure differs from BC and Ontario in two ways that matter operationally: the entry pathway is a two course sequence, and every licence in the province expires on the same day.
Any Alberta mortgage licence not renewed by 30 September 2026 was cancelled automatically. You cannot deal in mortgages until it is reinstated, and files in progress have to wait or move to a licensed colleague. Log in to myRECA and confirm your licence shows as active. The next renewal deadline is 30 September 2027.
Your brokerage starts the reinstatement in myRECA, then you complete the application and pay the fee. No added requirements beyond the renewal items that were outstanding.
The same reinstatement process, plus a current criminal record check.
Reinstatement is no longer available. You requalify as a new applicant, including the licensing education and exams.
Reinstatement is $525, or $100 if you reinstate within the same licence year. The annual renewal is $525, made up of $475 plus the $50 Assurance Fund levy. A new licence is $575 and a brokerage renewal is $450. Check the current RECA fee schedule before you pay, because fees are set each licence year.
The first of the two prelicensing courses, with an exam.
The second course and exam. Completing both is the route to a mortgage associate licence.
Requires at least two years of licensed experience within the last five, the Mortgage Brokers Program with a minimum 70% final exam result, and establishing a brokerage with errors and omissions cover of at least $500,000 per claim and $1 million in aggregate.
Licences expire on 30 September each year regardless of when they were issued. There is no rolling anniversary, so a licence issued in July still renews that September. Put the 2027 date in your calendar now, along with a reminder in early August to finish your relicensing education.
A dedicated compliance team reviews files centrally and the Deal Desk places the hard ones, so your hours go to clients.
Alberta attaches mandatory relicensing education to each renewal cycle, and the topic changes. The 2025 course covered private lending and cost $229. RECA has not yet published the course for the 2026 to 2027 cycle. Watch myRECA and complete it as soon as it opens rather than in September, when everyone else is trying to.
RECA's Rules Review has proposed amendments for mortgage licensees that are not yet in force. They include new names for the licence classes, a requirement that licensees in deals with private lenders represent the lender and never the borrower, stronger client identity verification, and firm deadlines for telling RECA about changes. Treat them as the direction of travel and check RECA before acting on any of them. Our post on MICs, private lenders and B lenders covers what the private lending proposal means on a file.
Mortgage licences held in Alberta as of September 2025, under RECA.
CREB benchmark price for September 2026.
Average price reported by the Realtors Association of Edmonton for August 2026.
The RECA path for new entrants is the mortgage associate licence: two courses and exams, a criminal record check and a sponsoring brokerage. Our step by step guide to how to become a mortgage associate in Alberta covers eligibility, cost and timing, and our Calgary and Edmonton pages cover the local market. Already licensed and weighing a move? Read how to choose a mortgage brokerage in Alberta.
Alberta, British Columbia and Ontario are three separate regimes with three separate regulators. Being licensed in one does not create standing in another, and there is no national mortgage licence. Brokers who write in more than one province carry more than one licence and more than one set of education obligations. Our licensing comparison sets the three side by side.
A dedicated compliance team reviews files centrally, tracks licence deadlines across all three provinces and keeps the audit trail in a form a regulator can read. What does not move off your desk is the knowledge: you sign the disclosure and the FINTRAC record, so you have to understand them. This is general information rather than legal advice, and the regulator's own guidance is the authority.
myRECA is RECA's online portal for licensees. It is where you start, track and pay for your licence renewal, see your education requirements and get real time status on the application. Every Alberta licence expires on 30 September unless renewed, and the renewal including payment must be complete by that date to keep working on 1 October.
Order matters. Mortgage associates cannot renew until their brokerage and broker have renewed, and brokers manage their people through the My Brokerage tab. RECA recommends renewing early rather than in the last few days, when delays are harder to fix. Renewal support is at renewal@reca.ca.
RECA publishes licensing, education, reinstatement and renewal requirements at reca.ca, and the fee schedule for each licence year. Current as of 2 October 2026.
Look up any mortgage agent or broker licence in Ontario, BC or Alberta. Direct links to each free regulator search and what to check before you sign.
Mortgage brokers became FINTRAC reporting entities on 11 October 2024. What that requires: compliance program, client ID, record keeping and reporting.
How CASL applies to mortgage broker marketing: express and implied consent windows, unsubscribe rules, the past client myth and the penalties.
Conflict of interest disclosure in BC is a timing obligation, not a form. What brokers must disclose, when, and how the Mortgage Services Act changes it.
A.I.M.I. Collective brokers write in all three provinces with one brokerage and one compliance team tracking every deadline.