How can I become a mortgage broker in Australia? To become a mortgage broker in Australia, the minimum education requirement is the FNS40821 Certificate IV in Finance and Mortgage Broking. This is stipulated by the Australian Securities and Investments Commission’s Regulatory Guide (RG 206). Obtaining this qualification is generally the first step to becoming a mortgage broker. You may also choose to join a professional association, Finance Brokers Association of Australia (FBAA) or Mortgage and Finance Association of Australia (MFAA). Please review the educational requirements on the FBAA and MFAA websites for further information.
Specialist programs Introduction to Finance and Mortgage Broking Administration Entry-level program designed for individuals who are new to mortgage broking or are currently working in an administrative based role within the industry. Advanced Certification Program in Commercial and Asset Finance Advanced program designed to educate and recognise experienced individuals who are currently working in the industry. Understanding Alternative Lending Products Entry-level program designed for individuals who have completed the Introduction to Finance and Mortgage Broking Administration program and are looking for knowledge and skills necessary to assist with processing a wide range of specialist lending services.
How can I become a mortgage broker in Australia? To become a mortgage broker in Australia, the minimum education requirement is the FNS40821 Certificate IV in Finance and Mortgage Broking. This is stipulated by the Australian Securities and Investments Commission’s Regulatory Guide (RG 206). Obtaining this qualification is generally the first step to becoming a mortgage broker. You may also choose to join a professional association, Finance Brokers Association of Australia (FBAA) or Mortgage and Finance Association of Australia (MFAA). Please review the educational requirements on the FBAA and MFAA websites for further information.
Specialist programs Introduction to Finance and Mortgage Broking Administration Entry-level program designed for individuals who are new to mortgage broking or are currently working in an administrative based role within the industry. Advanced Certification Program in Commercial and Asset Finance Advanced program designed to educate and recognise experienced individuals who are currently working in the industry. Understanding Alternative Lending Products Entry-level program designed for individuals who have completed the Introduction to Finance and Mortgage Broking Administration program and are looking for knowledge and skills necessary to assist with processing a wide range of specialist lending services.