Onboarding Docs
Find out the eligibility criteria and onboarding documents to become a broker
Becoming a broker
-
1.Certificate IV in Mortgage Broking (or Diploma)
- The first action to take is to attain your Cert IV in Mortgage Broking
- You can visit AAMC Website to complete your course online
- Cost: Approximately $597 (one off)
- You are free to choose any other license provider
-
2.Anti-money laundering certificate
- No more than 2 years old (Refresher or New can be done online via aamctraining.edu.au)
- If new to the finance industry, please provide MFAA / FBAA initial Compliance pack
-
3.Industry body membership
- Current FBAA or MFAA Membership Certificate
- FBAA → fbaa.com.au
- Will provide mentor certificate once onboarding contract is signed (Contact us for mentor letter)
- MFAA → mfaa.com.au
- Cost: FBAA $499 yearly
- If onboarding under corporate, both company and loan writer must be member
-
4.AFCA (Australian Financial Complaints Authority) certificate
- Visit afca.org.au/members
- Apply for membership (ACRs)
- Use 100702 as licensee
- Cost: $65.98 per year
- If onboarding under corporate, both company and loan writer must be member
-
5.Professional indemnity
- You can get a quote and purchase online from Scott & Broads or email [email protected]
-
6.Police clearance
- Must be less than 90 days old at time of submission
- You can apply at afp.gov.au
- Cost: $42 (one off)
-
7.Driver's licence & Medicare/Passport
- Preferably Drivers Licence and Passport
- If Passport is unavailable, Medicare or Birth Certificate is required
-
8.Resume
- This is required for many Panel Lenders and must be current and professional
- Must include your most recent employer/employment and listed 2 contactable referees
- Referees must have been your previous supervisor/employer
-
9.Bank statement
- The first page of your bank statement
-
10.Citizenship certificate/IMMI visa grant notification
- If Passport is not an Australian Passport we will require a Citizenship Certificate OR IMMI Visa Grant notification
-
11.Exit letter from the previous aggregator
- Applicable for transfers only
- Exit letter must include the phrase “left under no adverse circumstances”
-
12.Trust deed
- If your ABN is linked to a Trust
Eligibility Criteria
-
Must hold relevant qualifications or experience in finance
-
Clean credit history with no defaults
-
Compliance with the ASIC fit and proper person requirements
-
Commitment to ongoing professional development
-
Adherence to responsible lending principles
-
Demonstrated ability to handle financial matters professionally
Frequently asked questions
We recommend submitting documents in PDF format for clarity and
consistency. However, our online portal can accommodate various
formats.
While we encourage timely submissions, we understand that
gathering documents can take time. Reach out to us for guidance
on deadlines and arrangements.
You can conveniently upload your documents through our website
or via email.
If you're missing a document, don't worry. Reach out to our
support team, and we'll guide you on the necessary steps to
ensure your application process remains on track.
Eligibility Criteria
-
Must hold relevant qualifications or experience in finance
-
Clean credit history with no defaults
-
Compliance with the ASIC fit and proper person requirements
-
Commitment to ongoing professional development
-
Adherence to responsible lending principles
-
Demonstrated ability to handle financial matters professionally
Onboarding Docs
-
Driver's licence & Medicare/Passport
- Preferably Drivers Licence and Passport
- If Passport is unavailable, Medicare or Birth Certificate is required
-
Certificate IV in Mortgage Broking (or Diploma)
- The first action to take is to attain your Cert IV in Mortgage Broking
- You can visit AAMC Website to complete your course online
- Cost: Approximately $597 (one off)
- You are free to choose any other license provider
-
AFCA (Australian Financial Complaints Authority) certificate
- Visit afca.org.au/members
- Use 100702 as licensee
- Cost: $65.98 per year
-
Resume
- This is required for many Panel Lenders and must be current and professional
- Must include your most recent employer/employment and listed 2 contactable referees
- Referees must have been your previous supervisor/employer
-
Professional indemnity
- You can get a quote and purchase online from Scott & Broads or email [email protected]
-
Police clearance
- Must be less than 90 days old at time of submission
- You can apply at afp.gov.au
- Cost: $42 (one off)
-
Bank statement
- The first page of your bank statement
-
Anti-money laundering certificate
- No more than 2 years old (Refresher or New can be done online via aamctraining.edu.au)
- If new to the finance industry, please provide MFAA / FBAA initial Compliance pack
-
Citizenship certificate/IMMI visa grant notification
- If Passport is not an Australian Passport we will require a Citizenship Certificate OR IMMI Visa Grant notification
-
Exit letter from the previous aggregator
- Applicable for transfers only
- Exit letter must include the phrase “left under no adverse circumstances”
-
Trust deed
- If your ABN is linked to a Trust
Frequently asked questions
We recommend submitting documents in PDF format for clarity and
consistency. However, our online portal can accommodate various
formats.
While we encourage timely submissions, we understand that
gathering documents can take time. Reach out to us for guidance
on deadlines and arrangements.
You can conveniently upload your documents through our website
or via email.
If you're missing a document, don't worry. Reach out to our
support team, and we'll guide you on the necessary steps to
ensure your application process remains on track.
Becoming a broker
-
1.Certificate IV in Mortgage Broking (or Diploma)
- The first action to take is to attain your Cert IV in Mortgage Broking
- You can visit AAMC Website to complete your course online
- Cost: Approximately $597 (one off)
- You are free to choose any other license provider
-
2.Anti-money laundering certificate
- No more than 2 years old (Refresher or New can be done online via aamctraining.edu.au)
- If new to the finance industry, please provide MFAA / FBAA initial Compliance pack
-
3.Industry body membership
- Current FBAA or MFAA Membership Certificate
- FBAA → fbaa.com.au
- Will provide mentor certificate once onboarding contract is signed (Contact us for mentor letter)
- MFAA → mfaa.com.au
- Cost: FBAA $499 yearly
- If onboarding under corporate, both company and loan writer must be member
-
4.AFCA (Australian Financial Complaints Authority) certificate
- Visit afca.org.au/members
- Apply for membership (ACRs)
- Use 100702 as licensee
- Cost: $65.98 per year
- If onboarding under corporate, both company and loan writer must be member
-
5.Professional indemnity
- You can get a quote and purchase online from Scott & Broads or email [email protected]
-
6.Police clearance
- Must be less than 90 days old at time of submission
- You can apply at afp.gov.au
- Cost: $42 (one off)
-
7.Driver's licence & Medicare/Passport
- Preferably Drivers Licence and Passport
- If Passport is unavailable, Medicare or Birth Certificate is required
-
8.Resume
- This is required for many Panel Lenders and must be current and professional
- Must include your most recent employer/employment and listed 2 contactable referees
- Referees must have been your previous supervisor/employer
-
9.Bank statement
- The first page of your bank statement
-
10.Citizenship certificate/IMMI visa grant notification
- If Passport is not an Australian Passport we will require a Citizenship Certificate OR IMMI Visa Grant notification
-
11.Exit letter from the previous aggregator
- Applicable for transfers only
- Exit letter must include the phrase “left under no adverse circumstances”
-
11.Trust deed
- If your ABN is linked to a Trust
Eligibility Criteria
-
Must hold relevant qualifications or experience in finance
-
Clean credit history with no defaults
-
Compliance with the ASIC fit and proper person requirements
-
Commitment to ongoing professional development
-
Adherence to responsible lending principles
-
Demonstrated ability to handle financial matters professionally
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