Cert IV Finance and Mortgage Broking

Our Certificate IV in Finance and Mortgage Broking (FNS40815) is ideal if you're wanting to expand your provision of services into the finance and mortgage broking industry.

With constant change in the financial services environment, there’s no better time to consider your future business and the great opportunities to diversify into new areas that will add value and deliver further income streams to your accounting practice.

If you're considering a career in the finance and mortgage broking sector, or you're already in the field, and would like to attain an accredited qualification that meets ASIC’s national education requirements (RG206), this course is ideal for you.

Qualifications Required

There are no prior qualifications required to enrol in this course.

Course Outcomes

This qualification complies with the initial education requirements of Section 47(1)(f) of the National Consumer Credit Protection Act 2009 (National Credit Act), which places responsibility on the licensee to gain and maintain their competence to provide the credit activities authorised by the licence.

This course assists you to:

  • Assess client loan applications
  • Successfully guide clients through the loan application process
  • Provide relevant skills that help with understanding legislation and code of practice obligations. 

Assessment

There are three different assessment stages:

  • Multiple choice knowledge test
  • Assessment Tasks based on the practical application of concepts learned
  • Skills assessment 

Course Costs 

The Certificate IV in Finance and Mortgage Broking course fee is $488. The mode of study is via online education, allowing you to study at your own pace, and in the privacy of your home or office.  Full tutor and academic support is provided throughout the course and is available online or over the phone.

Note that if you're studying an online course with Mentor Education for the first time, a non-refundable administration fee of $150 will be charged to provide you with access to the relevant learning modules.

Course Outline

  • Part 1 The Australian Economy
  • Part 2 The Australian Financial System
  • Part 3 Operating a Mortgage Broking Business
  • Part 4 Compliance Requirements
  • Part 5 The Credit Approval Process
  • Part 6 The Five C's of Credit Analysis
  • Part 7 Principles of Professional Management
  • Part 8 Resolving Conflict
  • Part 9 Time Management and Personal Development
  • Part 10 Risk Management

Core Units

  • FNSCRD301 Process applications for credit
  • FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients
  • FNSFMB402 Provide finance and mortgage broking services
  • FNSFMB403 Present broking options to client
  • FNSFMK505 Comply with financial services legislation and industry codes of practice
  • FNSINC401 Apply principles of professional practice to work in the financial services industry
  • FNSINC402 Develop and maintain in-depth knowledge of products and services used by an organisation or sector
  • BSBITU306 Design and produce business documents

Elective Units

  • FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
  • BSBWOR501 Manage personal work priorities and professional development
  • FNSFMB501 Settle applications and loan arrangements in the finance and mortgage broking industry
  • BSBCUS403 Implement customer service standards
 

Click here to apply or enrol