Accredited courses from leading Australian universities, TAFEs and colleges
Qualification Level
Accredited courses from leading Australian universities, TAFEs and colleges
A mortgage broker is a credit professional who helps clients get home loans. They compare products across a lender panel and handle the process from enquiry to settlement. The role falls under the Financial and Insurance Services sector (ANZSCO 222112) and is regulated by ASIC.
The profession has grown a lot. More than 75% of new Australian home loans now go through a broker (MFAA, 2025). This reflects strong demand for independent credit advice.
Becoming a mortgage broker needs two national qualifications. The first is the Certificate IV in Finance and Mortgage Broking (FNS40821). The second is the Diploma of Finance and Mortgage Broking Management (FNS50322). After that, you need an Australian Credit Licence from ASIC, or you can act under an aggregator’s licence.
Ongoing needs include 20 hours of professional development each year. Brokers must also hold AFCA membership and professional indemnity (PI) insurance. Explore finance and mortgage broking courses on StudySelect to compare your study options.
Laura Atkinson is an Account Management and SEM specialist at Course Finder Group with six years' experience in the Australian education sector. She works day to day with universities, TAFEs and independent training providers, which gives her a close view of how courses map to real career outcomes. She writes practical guidance on career pathways, choosing the right qualification and what to expect when moving into a new field.
