Is this enough to become a mortgage broker?

It is the qualification step. Credit licensing or authorisation under a licensee, and in practice industry association membership, are separate requirements - check with the relevant regulator and association.

Why do so few providers deliver it?

28 can deliver it. Tightly regulated occupations tend to have small provider markets, because the compliance burden on the provider is higher.

Is there a Diploma above it?

There is a Diploma of Finance and Mortgage Broking Management for those moving into broking management. This Certificate IV is the entry qualification.

Are there entry requirements?

The register records none - the entry requirement field reads 'Nil'.

FNS40821 Certificate IV in Finance and Mortgage Broking

About this qualification

FNS40821 is the qualification for finance and mortgage brokers. The register describes individuals who “work autonomously and exercise judgement in completing routine activities relating to mortgage and finance broking”.

Only 28 providers can deliver it — one of the smallest provider markets on this site for a qualification with this much demand. That is what a tightly regulated occupation does to supply.

The core is the compliance spine: preparing loan applications, identifying client needs and presenting broking options, and complying with financial services regulation and industry codes of practice.

The register flags licensing and regulatory considerations for the occupational areas this qualification covers. Credit licensing and industry association membership are separate from the qualification and must be checked with the relevant body.

Roles it maps to

Where this qualification leads, per the national register.

Mortgage Broker Finance Broker Lending Specialist Broker Support

Where it sits

Financial services runs from bookkeeping and accounting support up to accounting and broking specialisations.

Certificate IVFNS40222 Accounting and Bookkeeping
Certificate IV · broking stream · you are hereFNS40821 Finance and Mortgage Broking
DiplomaFNS50222 Accounting
Advanced DiplomaFNS60222 Accounting

What it covers

7Core units

5Elective units

Total number of units = 12: 7 core units plus 5 elective units, of which at least 3 must be from the listed elective units and up to 2 may be from this qualification or any currently endorsed Certificate III or above training package qualification or accredited course. Elective units must be relevant to the work environment and maintain the integrity of the AQF alignment.

The 7 core units, required by everyone:

BSBPEF501 Manage personal and professional development
FNSCUS511 Develop and maintain professional relationships in financial services industry
FNSFMB411 Prepare loan applications on behalf of clients
FNSFMB412 Identify client needs and present broking options
FNSFMK515 Comply with financial services regulation and industry codes of practice
FNSINC411 Conduct work according to professional practices in the financial services industry
FNSINC412 Apply and maintain knowledge of financial products and services

For a full list of elective units, visit training.gov.au →

Frequently asked questions

Is this enough to become a mortgage broker?: It is the qualification step. Credit licensing or authorisation under a licensee, and in practice industry association membership, are separate requirements — check with the relevant regulator and association.
Why do so few providers deliver it?: 28 can deliver it. Tightly regulated occupations tend to have small provider markets, because the compliance burden on the provider is higher.
Is there a Diploma above it?: There is a Diploma of Finance and Mortgage Broking Management for those moving into broking management. This Certificate IV is the entry qualification.
Are there entry requirements?: The register records none — the entry requirement field reads 'Nil'.
How many providers deliver it?: 28 providers can deliver it.

Other registered providers

Filtered by where each provider is based, not where they can deliver.

NSW

TAFE NSWRTO 90003

Deliver and assess · NSW
VIC

Holmesglen InstituteRTO 0416

Deliver and assess · VIC
VIC

Monarch InstituteRTO 22530

Deliver and assess · National
WA

Perth Translation and Interpreting TrainingRTO 41560

Deliver and assess · National
NSW

Vertical ZoneRTO 45407

Deliver and assess · NSW
NSW

AIM Education and TrainingRTO 0049

Deliver and assess · National
VIC

International Institute of TechnologyRTO 21421

Deliver and assess · National
QLD

Allbeach InvestmentsRTO 31203

Deliver and assess · National
QLD

Success Resources InternationalRTO 31335

Deliver and assess · National
QLD

Finance and Related Services Training AcademyRTO 31635

Deliver and assess · National
QLD

Real Estate Academy of AustraliaRTO 32426

Deliver and assess · National
SA

Fusion Business SolutionsRTO 40042

Deliver and assess · National
Find more providers

12 of 28 providers shown — search the register for the rest
training.gov.au →

More in Financial Services

Other qualifications in the FNS training package, nearest level first.

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Certificate IV in Finance and Mortgage Broking

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