Certificate IV in Finance and Mortgage Broking (FNS40810)

Summary

  • Certificate IV in Finance and Mortgage Broking is the minimum tertiary qualification for all Mortgage Brokers
  • This is a self-paced course - recommended timeframe of 2 months per module x 5 =
    10 months to complete
  • For Traineeship information regarding this qualification please click here
  • Consists of 5 modules which encompass 13 competencies
  • Can be commenced at ANY TIME throughout the year
  • Assessed by module assignments
  • Assignments can be undertaken online or paper based
  • Students must obtain 80% to pass each module
  • Course fee - $990 (full fee of $990 or $330 on enrolment plus another 2 x $330 monthly credit card deductions)
  • A Top Student Award consisting of an engraved plaque and $500 is presented to the person who achieves the highest overall mark in this qualification in 2012
  • Experienced brokers can apply for RPL to obtain this qualification. The cost of the RPL Option is $500

Who should enrol?

For employers

Those who:

  • have staff they want to mentor and reward by offering them a Nationally Recognised Qualification
  • want to ensure their staff are qualified to obtain a mortgage broker’s licence
  • want to ensure their staff have the external knowledge and skills that the mortgage broking industry requires
  • have staff who may qualify as New Entrant and/or Existing Worker Trainees and access government funding for their training

For employees

Those who:

  • want to attain a Nationally Recognised Qualification
  • are new to the mortgage broking industry and want to obtain a mortgage broker’s licence
  • want to become a member of the MFAA or the FBAA
  • work for a mortgage broking company and want to be more valuable to their employer
  • work for a mortgage broker and want to become a mortgage broker themselves

Modules

FMB 401 Your Work Environment
BSBCOM501B Identify and interpret compliance requirements
BSBWOR204A Use business technology
FNSINC401A Apply principles of professional practice to work in the financial services industry
BSBOHS303B Contribute to OHS hazard identification and risk assessment
FMB 402 Your Clients, Your Business
BSBCUS301A Deliver and monitor a service to customers
BSBWOR501A Manage personal work priorities and professional development
FMB 403 Business Relationships
FNSCUS501A Develop and nurture relationships with clients, other professionals and third party referrers
FMB 404 The Mortgage Industry
FNSINC402A Develop and maintain in-depth knowledge of products and services used by an organisation or sector
FNSFMB402A Provide finance and mortgage broking services
FMB 405 The Lending Process
FNSFMB403A Present broking options to client
FNSCRD301A Process applications for credit
FNSFMB401A Prepare loan application on behalf of finance or mortgage broking clients
FNSFMB501A Settle applications and loan arrangements in the finance and mortgage broking industry

Forms

Enrolment Form

Student form (pdf)

RPL Option

Experienced mortgage brokers can apply for RPL in the Certificate IV in Finance and Mortgage Broking qualification.

RPL is an assessment process that recognises competencies that experienced Mortgage and Finance Brokers currently have, regardless of how, when or where the learning occurred. This includes competencies attained through any combination of formal or informal training and education, work experience or general life experience. Experienced brokers are considered to be those who have worked in the mortgage/finance broking business for at least 2-3 years full-time.

To apply for RPL you must provide evidence that addresses and meets the requirements of each unit of competency. You will need to provide a JP certified copy of all evidence submitted in support of your RPL application. All evidence must be authentic, valid, reliable, current and sufficient.

RPL Fee

The fee for an RPL application is $500 per person.

RPL form (pdf)
This is a Nationally Recognised Training course.
Enrol today, start tomorrow