Certificate IV in Financial Services (Mortgage Broking)
The Australian College of Professionals conducts a three (3) day intensive training course for people to undertake an in-depth study of Mortgage Broking. This is a practical-based course and provides course participants with opportunities to acquire and practice new skills in the mortgage broking industry.
As a minimum requirement, most lenders now require you to become a member of the industry associations such as the MFAA (Mortgage & Finance Association of Australia). Upon successfully completing the course with The Australian College of Professionals you will have the qualification to apply to the MFAA for the Accredited Mortgage Broker (AMC) membership provided you meet their other requirements.
Target: Whether you are new to the industry or need to become compliant under the new MFAA guidelines, this course is aimed at providing the skills and knowledge necessary to enable you to start working in the Mortgage Broking Industry by completing the necessary competencies to assist in your new Mortgage Broking venture. The Units of Competence studied in this course are:
Industry Core Units FNSIC IND 401A Apply principles of professional practice to work in the financial services industry. FNSIC GEN 301A Communicate in the workplace FNSIC GEN 302A Use technology in the workplace FNSIC GEN 304A Apply health and safety practices in the workplace
Sectoral Core Units FNSF BRK 401A Provide and present loan application on behalf of finance or mortgage broking client FNSF BRK 402A Provide finance and/or mortgage broking services FNSF BRK 403A Present broking options to client FNS COMP 501A Comply with financial services legislation, industry and professional codes of practice FNS CRDT 301A Process applications for credit
Elective Units FNSIC PRO 401A Develop and maintain in depth knowledge of products and services used by your organisation or sector FNSIC CUS 401A Deliver a professional service to customers FNSIC CUS 501A Develop and nurture relationships with clients, other professionals and third party referrers FNSIC SAM 403A Prospect for new clients
Outcomes: At the conclusion of the training course, you will have achieved the theoretical and practical skills required to apply for membership with the Mortgage & Finance Association of Australia (MFAA).
Special Needs: If you have any special needs in relation to access, food and beverage or any other issue, please note this on your enrolment form and we will make every effort to meet your needs.
Expectations: In order to meet the requirements of the course, you will need to complete all of the following: • Attend all days of the course • Complete all competency assessments which will be undertaken throughout the course • Complete all take-home assessment tasks and return within thirty (30) days after course completion. If these assessments are not returned by the due date, you will be marked as “Not Yet Competent” and may be required to attend the course again or be assessed for Recognition of Prior Learning. Both of these will incur additional fees.
Investment: The total costs cover: • The three (3) days of training • The provision of all learning materials • Morning and afternoon tea • Conduction of assessments for each participant • Marking of competency assessments
Distance Education $895 In-Class $600 Assessment Only $495 Available for experience brokers
Please note that this training course is GST exempt
Payment must be received no later than one week prior to the commencement of the training. Tax Invoices / Receipts will be mailed to the address specified on your enrolment form.
Payment can be made by cheque, money order, cash or credit card. We accept MasterCard, Visacard and American Express payments. Please note that AMEX payments incur a 3% surcharge.
Refund Policy: • A full refund will apply for cancellations giving more than seven (7) days notice prior to the course. • An administration fee of $100 will apply for cancellations giving less than seven (7) days notice and more than 24 hours notice. • No refund is applicable for cancellations with less than 24 hours notice. Where possible, you will be scheduled into a future course, however the $100 administration fee will still apply in addition to the course cost.
