FNS50322 Diploma of Finance and Mortgage Broking Management
What sets IIT apart from other Mortgage/Finance Broking training providers?
✅ PowerPoint presentations
✅ Self Paced Learning so you can study around work and family
✅ Full Support as you study so you’re not doing this course alone! (With efficient response time!)
✅ No extra fees to resubmit areas
✅ Nationally Recognised and accredited
✅ Digital E-booklets that can be printed or downloaded
✅ Experienced Trainers and Assessors. We’re not the “New kids on the block!”
IIT (International Institute of Technology) has been operating since 2003. We are a preferred provider for many Aggregators and our experienced Trainers and assessors will help you get the best support and quality education to become a Mortgage Broker. Both our Certificate IV and Diploma are Accepted by FBAA and MFAA Mortgage broking associations.
Becoming a Mortgage/Finance Broker and Advisor is an exciting industry to enter. Mortgage brokers are the go-between who deal with banks and or other finance/mortgage lenders to arrange home loans and or finance for assets. Mortgage brokers must act in the best interests of the customer when advising on loans for you. A reputable Mortgage/Finance broker will work with you to ascertain your needs and goals and give you the most appropriate finance/Mortgage loan advice.
This qualification sets you on the best path to take your Mortgage broking career to the next level. IIT deliver this course as a fully online program and over that time we have become very adept at disseminating the skills, knowledge and training that you need, to be a successful broker/advisor in the Finance and Mortgage Broking industry. Our instructors are amazing at what they do, and can readily adapt to all types of students. IIT deliver the FNS50322 Diploma of Finance and Mortgage Broking Management for learners of all backgrounds to ensure that every student is getting the level of attention that they require in order to gain competency in this qualification.
At IIT we not only develop the course material for this qualification, we also deliver the training and support for students to gain the most out of their learning experience. IIT’s FNS50322 Diploma of Finance and Mortgage Broking Management is the best way to get yourself fully compliant in the Mortgage/Finance Broking industry. Mortgage/Finance Broking is lauded as a dynamic, exciting profession, where you can re-adjust the financial prospects of individuals and really make a significant difference in their lives.
Learn all aspects of Mortgage/Finance broking as you gain the required knowledge about credit lending requirements, suitable loans and Mortgages for residential customers as well as commercial lending options, including car and business loans. (Upgrade from FNS40815/20/FNS40821Certificate IV in Finance and Mortgage Broking) or complete the Full Diploma without enrolling separately into the Certificate IV.
*Ask about our package deal for both qualifications *Recommended pathway.
*7 units of competency are credit transferred from IIT’s Certificate IV in Finance and Mortgage Broking qualification so your best pathway to gaining the Diploma, is to complete the package deal if you don’t already have the Cert IV.
For any queries get in touch with us on 1300 88 33 46 or fill out our simple online contact form here CONTACT US HERE
Continuing the journey on your way to Mortgage/Finance Broking Management success, is only a few clicks away with IIT’s FNS50322 Diploma of Finance and Mortgage Broking Management. Apply to the MFAA or FBAA associations for membership once completing this course. Enrol here
Upon successful completion this qualification will allow you to:
Assess clients’ financial circumstances
Find a suitable loan for your clients situation
Provide advice on loans and manage the application process
Advise clients on the best loan products
Understand complex loans strategies for Commercial/Car/Home loan products
| FNS50322 Diploma of Finance and Mortgage Broking | FNS50322 Diploma of Finance and Mortgage Broking Management [Full course] or bundle deal with Cert IV Or (Upgrade from Cert IV if you already have that qualification) *Free AML course with bundle deal! | |
| Contact us | Call 1300 88 3346 or CONTACT US HERE to enquire now! |
|
| Finance Broking Regulatory Framework | Provides Student with an understanding of the regulatory framework in which the Finance and Mortgage Broker professional operates. The module investigates the National Credit Code, Lending Conduct, Industry codes of practice and ethics. The module also explores topics related to the identification and management of risk in relation to finance and mortgage broking. Students will also consider the role of the Credit Ombudsman Service Ltd and the Australian Credit License. | |
| Finance Broking and Consumer Finance | Introduces students to consumer finance products and provides an understanding of the finance broking profession. Students will study the costs of credit provision and how lenders earn income from credit products interest charges. Students will also investigate the credit granting decision. | |
| Advanced Consumer Finance | In this module students build on their consumer finance studies to study topics including the credit life cycle, lender selection, debt recovery, credit cards and debit cards, write-offs, sales and legal action. | |
| Business and Car Finance | Provides students with an introduction and overview of business and car Finance. Students will investigate a range of products for business including low-doc loans and business overdrafts. Car finance options including hire purchase loans and novated leasing arrangements are also considered. | |
This course is ideal for adults of all ages seeking to enter the Mortgage and Finance Broking industry or for those wanting to take their career to the next level in the most flexible and affordable manner. The Diploma is required if you wish to become a member of the MFAA. Commercial and car finance broking knowledge gained from this qualification to give you a head start in your career path.
| Entry Requirements | No entry requirements. If you have previously completed the FNS40815/FNS40820/FNS40821 Certificate IV in Finance and Mortgage Broking, you will likely be eligible for RPL/CT for several units of competency. **Please send in your transcripts to check eligibility. | |
| Hardware & Software | Access to a computer/laptop with internet access and either Google Chrome or Mozilla Firefox. Microsoft Excel 2003 or later, Microsoft Word 2003 or later. A device capable of recording video (for the Roleplay requirement). | |
| Study Method: Distance Education via our Moodle platform with full support from our trainers and assessors **PowerPoint presentations to assist your learning |
Distance or self-paced learning allows you to start a course when it suits you best. Moreover, it provides you with the flexibility to continue with your other commitments in life, such as work, parenthood and your social life. BEST OF ALL, it gives you access to our Distance Education Team Easy to navigate through the e-learning portal. The portal includes all learning resources and material and you can download and print these off. | |
|
Course Duration |
The duration of the course will vary depending on each individual student and their prior experience and knowledge. A maximum of 24 months is the recommended timeframe for students new to the industry if doing the full Diploma. If you are completing the Diploma upgrade from the Certificate IV in Finance and Mortgage Broking we recommend approximately 120 hours. If you are completing the full Diploma, a recommended 220 hours approximately is required. This is a self paced online course | |
Assessment tools |
True / False Questions (TF), Multiple Choice Questions (MCQ), Short Answer Questions (SAQ), Case study and role-play. | |
|
Exemptions and Recognition of Prior Learning (RPL) |
If you have completed previous studies in financial services or Mortgage/Credit Lending, you may be eligible for some credits towards the course by way of course exemptions through credit transfer or possible RPL. For more information on course exemptions and recognition of prior learning. Please send any relevant transcripts to education@iit.edu.au for a free RPL assessment | |
| Qualification Pathway | This course has national recognition. IIT graduates are eligible to apply for professional membership with either the Mortgage & Finance Association of Australia (MFAA) or Finance Brokers Association of Australia (FBAA). | |
| Related Courses | FNS40821 Certificate IV in Finance & Mortgage Broking | |
To be awarded the FNS50322 Diploma of Finance and Mortgage Broking Management, the following units of competency must be successfully achieved. If you have already completed a FNS40815/FNS40820/FNS40821 Certificate IV in Finance and Mortgage Broking qualification or earlier training package, you will most likely only be required to complete the below units in bold orange, as all other units of competency are found in the Certificate IV in Finance and Mortgage Broking.
If you have not completed the Certificate IV in Finance and Mortgage Broking, then you will need to complete all of the units from the Certificate IV in Finance and Mortgage Broking if you wish to receive that separate qualification or 7 of them as part of the full Diploma. *We offer a package deal for the full Certificate IV and Diploma and you would receive both qualifications if you do this option **Recommended pathway.
Call us now to find out about this offer on:
1300 88 3346 or email education@iit.edu.au Click here to enquire now!
Units of competency
FNS50322 Diploma of Finance and Mortgage Broking Management
(If you have completed a Cert IV in Finance and Mortgage broking with another provider, email your transcript to education@iit.edu.au so that we can confirm the units we can credit transfer across to the Diploma, as each provider will differ).
FNSCUS511 – Develop and Maintain Professional Relationships in Financial Services (Cert IV unit)
FNSFMB411 – Prepare Loan Application on Behalf of Clients (Cert IV unit)
FNSFMB412 – Identify Client Needs and Present Broking Options (Cert IV unit)
FNSFMB511– Implement Credit Contracts in Preparation for Settlement (Cert IV unit)
FNSFMB512- Identify and Develop Credit Options for Clients Special Financial Circumstances
FNSFMB513- Present Broking Options to client with Special Financial Circumstances
FNSFMB514- Implement Complex Loan Structures
FNSFMK515 – Comply with Financial Services Regulation and Industry Codes of Practice (Cert IV unit)
FNSINC411 – Conduct Work According to Professional practices in the Financial Services Industry (Cert IV unit)
FNSINC412 – Apply and Maintain Knowledge of Financial Products and Services (Cert IV unit)
BSBOPS505- Manage Organisational Customer Service
FNSINC513- Identify and apply complex ethical decision making to workplace situations
FNSINC514- Apply Ethical Frameworks and Principles to Make and Act upon Decisions
FNSRSK511- Undertake Risk Identification
FNSRSK512- Assess Risks
Please contact us on 1300 88 33 46 for more information or email education@iit.edu.au
CONTACT US HERE
Connect with us!
Office Address - St Kilda Rd Towers, Level 1, 1 Queens Road, Melbourne, Victoria, 3004, AUSTRALIA