Experienced broker

Courses for experienced mortgage brokers

Recognised Prior Learning (RPL) and credit transfers for experienced and qualified mortgage brokers

Recognition of Prior Learning (RPL) for mortgage brokers

Finance or mortgage brokers who have significant working or industry experience can begin their qualification for FNS40821 Certificate IV in Finance and Mortgage Broking and the FNS50322 Diploma of Finance and Mortgage Broking Management through Entry Education’s Recognition of Prior Learning program.

At Entry Education, we understand that some experienced mortgage brokers may not have had the time or opportunity to achieve the full qualification they need to further their career in finance. Contact us to discuss your options under our RPL program and utilise your experience to achieve your mortgage broking credentials.

Submit the form here and get started with RPL for your finance course

Credit transfers for mortgage broker training

Already have FNS40821 Certificate IV in Finance and Mortgage Broking and are looking to complete the FNS50322 Diploma of Finance and Mortgage Broking Management?

Entry Education can help to potentially reduce the time and cost of your study for the FNS50322 Diploma of Finance and Mortgage Broking Management with a credit transfer. Our training support team will assess the units of study from your previous studies to identify any opportunities for credit transfers — if there is sufficient coverage, you can transfer credit for the units you’ve already studied to avoid going over them again.

Submit the form here and get started with credit transfer for your FNS50322 Diploma of Finance and Mortgage Broking Management course

Have your experience recognised

RPL
  • Personal tutor
  • Online self-paced or online workshops available
  • Recognition of Prior Learning
Nationally Recognised Training

The FNS40821 Certificate IV in Finance and Mortgage Broking is the minimum requirement that individuals must have in order to work as a mortgage and finance broker in Australia.

The FNS50322 Diploma of Finance and Mortgage Broking Management is usually required within the first 12 months of becoming a finance and mortgage broker, this builds upon the FNS40821 Certificate IV in Finance and Mortgage Broking and provides an advanced level of qualification for professionals.

If you already have experience in the finance or mortgage industry, it is highly recommended that you apply for RPL in order to streamline the process of obtaining these qualification

The Recognition of Prior Learning (RPL) process enables experienced mortgage brokers to leverage their working history to reduce the learning requirements that are necessary for completing a course for qualification.

Applicants can provide evidence of workplace documentation which will be assessed by our training support team to determine the extent of alignment with the chosen course requirements. In this way, RPL can potentially reduce the amount of learning and assessment required to obtain full qualification.

With RPL, experienced mortgage brokers can spend less time engaging with the basic aspects of the course while gaining valuable industry knowledge to hone their skills for future success, as well as enjoy the associated benefits of obtaining the proper accreditation.

Recognition of Prior Learning (RPL):
FNS40821 Certificate IV in Finance and Mortgage Broking: $1,250
FNS50322 Diploma of Finance and Mortgage Broking Management: $1,750
Credit transfer from FNS40821 Certificate IV in Finance and Mortgage Broking to FNS50322 Diploma of Finance and Mortgage Broking Management course: $1,250

  • Upon enrolment to the course, students gain access to the RPL document checklist. This checklist will outline the specific workplace documentation that aligns with the course’s requirements.
  • Applicants will gather evidence of work history, training, skills and knowledge to be assessed against the competencies as outlined in the checklist. Documentation provided must be current and authentic evidence of each student’s experience.
  • The documentation and evidence will be submitted for assessment with our training support team, who will provide confirmation of the level of RPL that can be claimed.

Entry Education has two levels of support depending each learners requirements:

1) Premium Service – $99 when you select this on checkout
Premium service is provided by a dedicated team to support those students that select this option. The service includes the following:

  • VIP phone support: A dedicated support line available for students to call from 8am to midnight on weekdays and 8am to 9pm on weekends
  • Express marking: Once all units are submitted the express service assessment team will mark all work within 2 business days of submission
  • Express certificate: Students will receive their statement of attainment or certificate within 2 business days of all units being marked competent

2) Standard Service – Standard service is provided with all Entry Education courses at no charge

  • Phone support: Limited phone support for portal help
  • Online support: Unlimited online course support that is access via the portal, responses will generally be received within one business day of submission
  • Marking: The marking process can take up to 10 business days
  • Certificate: Certificates can take up to 5 business to issue following the successful completion of the course

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Frequently asked questions

How long will a course take with RPL applied?

The resulting length of the course after RPL applies will depend on how much of the course material can be covered by your current level of experience. After an assessment of your submitted documentation and evidence, our training support team will make a decision as to how much of the course still needs to be completed in terms of units.

It is unlikely that you will be able to achieve a full qualification based on experience alone. Entry Education values compliance with state legislation highly, and you should expect at least some gap assessment to be completed by prospective students to achieve their real estate qualification.

What sort of experience will apply to gain RPL for mortgage broking?

  • The number of years of experience you have working in the finance industry in a mortgage broking or assisting role (loan officer, credit analyst, or customer service representative).
  • Experience in providing financial advice or planning can demonstrate your ability to understand clients’ financial needs.
  • Evidence of strong sales and customer service skills are essential in mortgage broking.