How To Get Started
There are a number of industry requirements to become a new mortgage broker.
One of these requirements is that you have a recognised mentor for the first two years.
Certificate IV
This is the minimum entry requirement. You need to complete your Cert 4 in Mortgage Broking prior to commencing mentoring and before you can become a mortgage broker.
Aggregator
An aggregator is your gateway to the banks and lenders you will become accredited with to get a loan for your customers. We are happy to give you a list of Aggregator Relationship Managers to talk to.
National Police Check
You will be able to easily find this on line.
MFAA or FBAA
This is your industry body. There will be a compliance course to complete (usually on line within 1 day) and then membership.
AFCA
This is your external dispute resolution body.
Resume
You need to provide a brief background of your employment history.
CREDIT CHECK
A copy of your credit file. You can get this online or we can do it for you here for $10.
ID
A clear copy will be required for Aggregator and Industry Body.