This qualification is suitable for those seeking to work in or to support the Finance and Mortgage Broking industry. The roles of Finance/Mortgage Broker or Loan Support/Process Officer involve working with clients to assist in acquiring suitable finance option/s.

Duties associated with these roles include, but are not limited to:

• adhering to legislative and code of practice obligations, relevant to the mortgage and/or finance broking industry 
• building relationships with referral partners, industry professionals and clients
• securing and supporting clients interested in mortgage or finance broking services
• presenting broking options to clients based on identified needs
• preparing and presenting loan applications to lenders
• monitoring the progress of the loan from submission to settlement, ensuring clients and related parties are updated
• providing after sales service and support to clients and referrers.

COURSE DELIVERY OPTIONS:

For Australia and overseas via:
• Online (remote self-paced)
• Virtual class (blended learning - part virtual classroom/remote self-paced)

Victorian state funding is available for this course. Check the eligibility requirements here.

NOTE: If you have previous industry experience/training you may be eligible for Recognition of Prior Learning (RPL). Please refer to the RPL Read More page to determine the eligibility criteria.

COURSE DURATION:

Your enrolment is valid for a period of twelve months (with an opportunity to extend for further period, as per our terms and conditions). With reference to “Virtual Classroom” training; participants are guided through the learning material and the assessments are completed by the participant post class time. Hence overall course completion is controlled / directed by the participant.

UNITS OF COMPETENCY:

BSBPEF501 Manage personal and professional development
FNSFMK515 Comply with financial services regulation and industry codes of practice
FNSCMP501 Comply with financial services legislation
FNSINC411 Conduct work according to professional practices in the financial services industry
FNSINC514 Apply ethical frameworks and principles to make and act upon decisions
FNSCRD401 Assess credit applications
FNSCUS511 Develop and maintain professional relationships in financial services industry
FNSSAM413 Identify and provide initial information to potential new clients
FNSINC412 Apply and maintain knowledge of financial products and services
FNSFMB411 Prepare loan applications on behalf of clients
FNSFMB412 Identify client needs and present broking options
FNSFMB511 Implement credit contracts in preparation for settlement

ADDITIONAL INFORMATION:

CPD Hours - 18
Post-Nominal - Cert.IV FMB

FNS40820 Certificate IV in Finance and Mortgage Broking (and some superseded versions) are recognised by industry associations and aggregation partners. These partners logos are found at the bottom of the home page.

The finance and mortgage broking industry is regulated by the Australian Securities and Investment Commission (ASIC). Please refer their website for information on licensing.