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We are always on the look out for more products or services to make our site more comprehensive. If you are a service provider and have a resource or a service that you would like to offer members of the Australian mortgage industry through this site, please do not hesitate to contact us

Frequently Asked Questions

 

Is the Course accredited with the MFAA?
Yes, the Certificate IV is Finance and Mortgage Broking has been reviewed by the MFAA and recognized as suitable for the professional development of mortgage originators. Industry entry now requires a Certificate IV is Finance and Mortgage Broking. The course also forms part of the requirements for Accredited Mortgage Consultant designation from the MFAA, which is commonly required to gain lender accreditation.

 

Is the course nationally recognised?
Yes, the Certificate IV is Finance and Mortgage Broking – FNS40804 has been mapped against the Australian Quality Training Framework (AQTF) and is delivered by qualified trainers who are experienced mortgage brokers under arrangement with the National Finance Institute (RTO - 31203).

 

What career opportunities will it provide on completion?
You may seek employment (including self-employment, contract work or as a franchise) in finance broking or mortgage broking. It may also lead to employment in mortgage lending within a bank, building society, credit union or mortgage manager.

 

How do I become and Accredited Mortgage Broker?
This nationally recognised, comprehensive course has been recognised by the Mortgage & Finance of Australia (MFAA) as suitable for the professional development of mortgage originators. Successful completion of this course along with successful completion of the MFAA Initial Compliance Pack will fulfil the education requirements for Accredited Mortgage Consultant status. MFAA Requirements  

 

Is the MFAA the only professional body for the industry?
While a majority of our students do choose to become a member of the MFAA is is not the only recognised industry body. The Finance Brokers Association of Australia (FBAA) is another professional body which Brokers can choose to join instead of instead of or in addition to joining the MFAA. FBAA Requirements

 

Why is our course superior?
Our Certificate IV is Finance and Mortgage Broking, Mortgage Consultant Qualifying Certificate maintains a perfect balance between theory and industry-based case studies to deliver results that can be immediately applied in the competitive marketplace. The course is delivered by qualified trainers who are active in the industry and have years of mortgage broking experience.

 

Who has this course been developed for?
1. People currently working for, or as, a finance/mortgage broker or similar who are looking to formalise their skills and knowledge; or
2. People working for a mortgage manager, bank, credit union, building society or other financial institution and are seeking employment (including self-employment) as a mortgage broker; or
3. People outside the industry who are considering entering the Mortgage Broking Industry
4. Property investors who are wanting to acquire more knowledge to finance property in Australia
5. Real Estate Agents, Solicitors accountants and other professionals in related fields looking to expand knowledge and perhaps their businesses in finance or mortgage broking.

 

How long will this course take to complete?
The Face-to-Face workshop delivered in 4 1/2 days. You may choose to do your assignments either during these 5 days or after completing the course.

The Distance Learning and E-Learning correspondence options give you the flexibility to undertake the course in your own time with our support. We have had students complete the course in a matter of days but you have up to six month to complete the course.

 

What if I don’t pass my assignments?
The Accredited Broker trainers are available for assistance by phone or email to help you if you encounter difficulty in completing your assignments. If you do not reach the 85% pass mark on your first attempt, you can re-submit your assignments at no extra cost. We want to help you achieve success whenever possible.

 

When are exam timetables available for distance education students?
You need to select an Invigilator to supervise you when you are ready to sit for your exam and forward an Exam Request form to us advising of their contact details.  An Invigilator kit will then be forwarded to them by mail. The exam will be included in this kit in a sealed envelope and you can then sit your exam with your supervisor at a time that suits you.

 

What if I am already an experienced broker requiring Certificate IV?
If you are already in the industry but do not have a Certificate IV and would like to become compliant under the new MFAA guidelines, then we can offer you a Certificate IV through Recognition of Prior Learning/Experience. The program does not require you attend any workshops or complete and assignments. Simply provide us with a portfolio demonstrating your experience and our experience assessors will align your practical skill with the the academic competencies. 

 

How do I get more information?
Please feel free to navigate around our site as we have tried to provide as much information as possible in these pages. If you have a specific question you can call our trainers on 1300 136 947 or fill out our Quick Inquiry form and we will reply back to you. We look forward to hearing from you and registering your place in the next course.

 

How do I book my place in the next course?
To book your place in the course by returning the completed registration form to us:

Post

Mortgage Broker Training
PO Box 6478
North Sydney NSW 2059

Fax

1300 136 948
(02) 9922 5276

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