Mortgage broker courses to launch your finance career in 2025

Is a mortgage broker course for you?

If you’re looking to become a mortgage broker in Australia or take your broking business to the next level in 2025, you’re in the right place. As someone who came from outside the finance industry to build a thriving mortgage broking business, I know how important it is to choose the right training and education.

Whether you’re a newcomer working toward your Certificate IV in Finance and Mortgage Broking, or an experienced broker looking to expand their horizons with a Diploma of Finance and Mortgage Broking Management, this list of mortgage broker courses includes the most reputable mortgage broker courses in Australia today.

What qualifications does a mortgage broker need?

If you want a start a career in mortgage broking, choose a course that gets you the qualifications recognised by the industry.

There are loads of finance courses, but only two mortgage broker courses specifically designed to get you the qualifications you need to be a successful broker. You need either a Certificate IV in Finance and Mortgage Broking (FNS40821) or a Diploma of Finance and Mortgage Broking Management (FNS50322).

These qualifications are recognised by the industry regulator ASIC, and can be considered your ticket to a career as a mortgage broker.

Do you need any background knowledge?

One of the advantages to these mortgage broker courses is they enable a quick start in mortgage broking. The mortgage broker courses that can get you qualified as a mortgage broker don’t need any background knowledge or qualifications—just a curiosity about how money works.

Knowing a little excel and high school maths will go a long way here.

Mortgage broker course – Learning options

There are heaps of Registered Training Organisations (RTOs) in Australia offering mortgage broking courses. Each with their own unique course delivery formats. Some offer interactive learning and others strictly 100% online. Here are some learning options you might see.

Virtual classroom
Get together virtually with other students and be guided through the content by an experienced facilitator. Often a good way to start while you finish the course off online.

Old-school hardcopies
Distance learning the old-school ways. If you prefer paper then there are training organisations that will send you the curriculum in hard copy.

100% online
Self-paced and self-directed if this is your learning preference.

In-person
For some of you this is the only way to learn!

Blended learning
Blended learning uses a combination of virtual classroom and remote self-paced learning.

Frequent tutoring
Tutoring in groups or one-to-one is included for some courses and a bolt-on extra fee for others. Either way regular check-ins can keep you accountable and on track.

Other requirements to being a broker

I go through these in my article describing how I became a mortgage broker having come from a completely different industry.

• Get the qualifications.
• Do the checks – Police and Credit checks.
• Join and industry body – commonly MFAA or FBAA.
• Join a business or start your own with appropriate support.
• Choose an Aggregator – you should talk with one now. Before you start studying.

Certificate IV or Diploma?

The Certificate IV in Finance and Mortgage Broking is a great entry-level requirement if you are new to the industry. It is recognised by the regulator ASIC, as well as most lenders.

Some lenders and broking organisations recognise Certificate IV in Finance and Mortgage Broking as a good starter qualification. For more comprehensive recognition by lenders and membership associations you will need a Diploma of Finance and Mortgage Broking Management.

The Diploma of Finance and Mortgage Broking Management if you want to tackle more complex scenarios. It also covers units aimed at helping build a sustainable business in mortgage broking.

I details some differences here.

QUALIFICATION:
Certificate IV in Finance and Mortgage Broking – FNS40821

This is the fastest way to enter the mortgage broking industry with a qualification that is recognised by ASIC, lenders, aggregators and industry bodies like the MFAA and FBAA.

I started my mortgage broking career with this mortgage broker course. It covers what you need to get a start in mortgage broking. It is not just about writing loans and building a client-base, but offers a thorough picture of the industry, regulation and compliance.

Who does a Certificate IV in Finance and Mortgage Broking suit?

The Certificate IV in Finance and Mortgage Broking suits anyone with or without a finance background to become a mortgage broker. This mortgage broker course gives you the knowledge, confidence needed to get you started.

As a nationally recognised qualification it is a great option for those with a non-finance background looking for a mortgage broker course to start their career.

This mortgage broker course is also suited to anyone already working in the finance industry. You could be operating in a support role or in a lending capacity. You could be working for a lender, broker or aggregator and want to get a better understanding the industry – or launch your mortgage broking career.

Cost
The course ranges in cost from $355 to $1,300.

Units
This qualification has 12 units.

What does course cover?

• Preparing and managing loan application right through to settlement.
• Lenders and loans types.
• Compliance, regulation and legislation.
• Ethics
• Professional development.
• Building a client base.

Types of assessment
A combination of written assessments, quizzes and role plays.

Typical time to complete
Most students can complete within two months, but you should allow longer if you are new to industry. Most students achieve qualification in a few weeks – not the 6mths that is allocated to complete the course.

Maximum time
Around 6 months.

My take
The Certificate IV option can provide a quicker start and can get you most of the way to a successful career in mortgage broking. For those wanting to progress further you may need to upgrade to a Diploma of Finance and Mortgage Broking Management at a later date to advance career with greater lender and industry membership options.

QUALIFICATION:
Diploma of Finance and Mortgage Broking Management – FNS50322

The Diploma is considered the gold standard in mortgage broker qualifications. Some lenders and industry associations will want to see you with this qualification to maintain eligibility.

It might be a bit full on for those new to industry, especially if you are not sure where your mortgage broking start will take you. However, if you are new to the industry and want the comprehensive course complete with business building guidance, the Diploma could be the one for you.

Who does a Diploma of Finance and Mortgage Broking Management suit?

The Diploma of Finance and Mortgage Broking Management suits you if you have been in mortgage broking or lending for a while and are committed to a mortgage broking career.

If you are new to finance, still consider the Diploma. This mortgage broker course gives you the knowledge, confidence needed to get you started. if you are concerned about it getting up to speed with the content, some courses providers offer a catch up finance introduction unit to get you prepared.

The Diploma mortgage broking course can expand you skill set understand more complex lending scenarios and built a mortgage book with processes and systems to sustain you over the long term.

Cost
The course ranges in cost from $700 to $2,300.

Units
This qualification has 15 units.

What does course cover?
In addition to the modules covered in the Certificate IV option, the Diploma course covers:

• Complex lending scenarios.
• Risk management for a mortgage business.
• How to grow your business.
• Developing professional relationships.

Types of assessment
A combination of written assessments, quizzes and role plays.

Typical time to complete
Most students should achieve qualification in within two to four months, but you should allow longer if you are new to industry.

Maximum time
Around 12 months

My take
The Diploma of Finance and Mortgage Broking Management is a comprehensive qualification and designed for someone committing to mortgage broking as a career, and potential a business owner.

More expensive and more comprehensive than the Certificate IV, it can be big undertaking if you are just doing it out of interest.

I have this Diploma level qualification and it has certainly benefited me by enabling more access to lenders and industry associations.

Option: Upgrade to Diploma

If you want to start with a mortgage broker course that qualifies you with a Certificate IV in Finance and Mortgage Broking—or even if you have one from a while ago—then one option is to upgrade to a Diploma of Finance and Mortgage Broking Management. Depending on which version of the Certificate IV you completed, prior learning can contribute can fast-tack your Diploma with course credits for units previously completed.

This Diploma Upgrade is a mortgage broker course typically undertaken by mortgage brokers or other finance professionals who wish to advance their career and level up their mortgage broking qualifications.

Diploma Upgrade requirements vary depending on the version of the Certificate IV you hold, as well as experience. Generally the course codes FNS40821 and FNS40820 are okay. Most training groups offer the Diploma upgrade option.

Overview – Real Estate Academy Australia (REEA)
REAA offers extensive Real Estate industry training and has some of the most affordable online mortgage broker courses.

Cost
$355 – Online and self-paced.

Learning style
100% online with the option with online portal access to trainers for guidance.

Optional add-ons
Can purchase one-to-one assistance for role plays if family and friends are not available.

Upgrade to Diploma
For $355 you can upgrade to a Diploma from Certificate IV in Finance and Mortgage Broking (FNS40821 and FNS40820).

REAA Credentials
Real Estate Academy Australia is Registered Training Organisation 32426.

Overview – Kaplan Professional
Kaplan Professional offers extensive training and has some of the most affordable online mortgage broker courses.

Cost
$355 – Online and self-paced.

Learning style
100% online with the option to joining fortnightly live tutoring sessions.

Upgrade to Diploma
For $300 you can upgrade to a Diploma from Certificate IV depending on the course code.

Kaplan Professional Credentials
Kaplan Professional is a Registered Training Organisation 90116.

Overview – The National Finance Institute (NFI)
The National Finance Institute offers perhaps the most varied learning options. From virtual classrooms to 100% online – even old school hardcopies in the post. They recognise people learn differently.

Cost
$695 – Online.
$895 – Hardcopies posted to you.
$1,295 – Virtual class training – Kick it off with 3 days guided learning with a facilitator.

Learning style
You choose from their wide range of options.

Optional add-ons
In addition to the different learning options NFI offer tutoring services for an additional fee.

Upgrade to Diploma
The upgrade to Diploma option also considers different learning preferences and ranges between $345-$1,145.

The National Finance Institute Credentials
The National Finance Institute is a Registered Training Organisation 31203.

Overview – AAMC Training Group
The AAMC Training Group offers virtual classroom and 100% online self-paced options for completing your Certificate IV in Finance and Mortgage Broking.

Cost
$597 – Online.
$997 – Virtual class training. Kick it off with 3 days guided learning with a facilitator. These can be on consecutive days or monthly.

Learning style
You choose from their wide range of options.

Upgrade to Diploma
The upgrade to Diploma option also considers different learning preferences and ranges between $497-$797.

AAMC Training Group Credentials
AAMC Training Group is a Registered Training Organisation 51428.

Overview – Finance and Related Services Training Academy (FARSTA)
The Finance and Related Services Training Academy (FARSTA) offers virtual classroom and 100% online self-paced options for completing your Certificate IV in Finance and Mortgage Broking.

Cost
$765 – Online and self-paced.
$1,315 – In person 3 day course in Brisbane, Sydney and Melbourne.

Learning style
One of the only in-personal learning options.

Optional add-ons
Fast track assessment with assessor for quick feedback for an additional fee.

Upgrade to Diploma
The upgrade to Diploma option also considers different learning preferences, including in-person, and ranges between $765-$1,040.

Finance and Related Services Training Academy (FARSTA) Credentials
Finance and Related Services Training Academy (FARSTA) is a Registered Training Organisation 31635.

Overview – Real Estate Academy Australia (REEA)
REAA offers extensive Real Estate industry training and has some of the most affordable online mortgage broker courses.

Cost
$610 – Online and self-paced.

Learning style
100% online with the option with online portal access to trainers for guidance.

Optional add-ons
Can an option priority grading for your assessments if you are in a hurry to get qualified.

Overview – Kaplan Professional
Kaplan Professional offers extensive Real Estate industry training and has some of the most affordable online mortgage broker courses.

Cost
$710 – Online and self-paced.

Learning style
100% online with the option to joining fortnightly live tutoring sessions.

Overview – The National Finance Institute (NFI)
The National Finance Institute offers perhaps the most varied learning options. From virtual classrooms to 100% self-paced online – and even old school hardcopies in the post – they recognise people learn differently.

Cost
$1,049 – Online.
$1,249 – Hardcopies posted to you.
$2,140 – Virtual class training. Kick it off with 5 days of guided learning with a facilitator.

Learning style
You choose from their wide range of options.

Optional add-ons
In addition to the different learning options NFI offfer tutoring services for an additional fee.

Overview – AAMC Training Group
The AAMC Training Group offers virtual classroom and 100% online self-paced options for completing your Diploma.

Cost
$997 – Online.
$1,497 – Virtual class training. Make a start with 5 days guided learning with a facilitator. These can be on consecutive days or monthly. It’s up to you.

Learning style
You choose from their wide range of options.

Overview – Finance and Related Services Training Academy (FARSTA)
The Finance and Related Services Training Academy (FARSTA) offers virtual classroom and 100% online self-paced options for upgrading to your Diploma. You must have completed an acceptable Certificate IV in in Finance and Mortgage Broking to qualify for this mortgage broker course.

Cost
$765 – Online and self-paced.
$1,315 – In person 2-day course in Brisbane, Sydney and Melbourne.

Learning style
One of the only in-person learning options.

Optional add-ons
Fast track assessment with assessor for quick feedback for an additional fee.

Final word

I have listed these mortgage broker courses providers in Australia where you can achieve the qualification to get you started as a mortgage broker.

The Certificate IV in Finance and Mortgage Broking provides a great entry point to becoming a mortgage broker. The Diploma of Finance and Mortgage Broking Management is for those fully committed to mortgage broking and looking to progress their career and business prospects.

Whatever you choose I hope it is a fun and rewarding journey.

*Prices reviewed June 2025