At RECA, we’re here to make sure you choose the right mortgage — safely and confidently. Mortgage brokers have a specific licence, backed by relevant education and training. RECA licenses and regulates mortgage brokers across Alberta to ensure they meet the highest professional and ethical standards.
Here’s how we help protect you:
- Licensed Professionals Only – Most mortgage brokers in Alberta must be licensed through RECA, so you can trust you’re working with someone qualified and accountable.
- Protection from Unethical Practices – We enforce strict professional standards, ensuring mortgage brokers act in your best interest, disclose all fees, and provide honest, transparent advice.
- We’ve Got Your Back – If something doesn’t feel right, we investigate complaints and take action when licensees don’t follow the rules.
- Know Before You Borrow – We provide consumer resources to help you understand your mortgage options, avoid red flags, and make informed decisions.
Before you sign, check if your mortgage professional is licensed with RECA, using RECA ProCheck. It’s your real estate investment, your future — let’s keep it safe.
Securing the right mortgage is a crucial step in buying a home or business property. With various financing options available — fixed or variable rates, short- or long-term terms — it’s important to understand what works best for your financial situation.
Choosing a mortgage in Alberta? Here are some key considerations you should be discussing with your mortgage broker:
- Interest Rates: Fixed vs. Variable
- Mortgage Term & Amortization Period
- Down Payment & Mortgage Insurance
- Prepayment Privileges & Penalties
- Lender Options & Mortgage Features
A licensed mortgage professional is trained and able to walk you through each of these steps. And we’re here to make sure you’re protected throughout your transactions.