An exterior mirror vision system includes a driver-side exterior rearview mirror assembly mounted at a driver side of a vehicle and a passenger-side exterior rearview mirror assembly mounted at a passenger side of the vehicle. The driver-side exterior mirror assembly includes a mounting portion configured for mounting at the driver side of the vehicle, a driver-side exterior mirror housing, and a driver-side reflective element. The driver-side exterior rearview mirror assembly includes a driver-side light module and a driver-side camera. The passenger-side exterior mirror assembly includes a mounting portion configured for mounting at the passenger side of the vehicle, a passenger-side exterior mirror housing, and a passenger-side reflective element. The passenger-side exterior rearview mirror assembly includes a passenger-side light module and a passenger-side camera. The driver-side camera and the passenger-side camera may be part of a multi-camera vision system of the vehicle.