Mortgage Broking Essentials

Purpose

This course is a compulsory elementof the Certificate in Financial Services (Mortgage Broking) or can be anelective for non mortgage brokers. It is intended to provide the skill andknowledge necessary for providing quality mortgage advice and is a compulsoryelement for membership of the NZMBA.

This is a stand alone course that is part of the nationally recognised New Zealand qualification of the Certificate in Financial Services (Mortgage Broking).

Who should attend this course?

Are you:

• Starting or considering working as a mortgage broker/adviser; or
• Thinking about the opportunities mortgage broking could provide your business
• Associated with mortgage lending and property transfers and would like to know more
• Unsure about the potential legal, ethical, and compliance-related pitfalls and responsibilities of being a mortgage broker/adviser

Learning objectives

After completing this course youwill be able to:

• Evaluate the scope, sectors and responsibilities of the industry
• Apply financial services industry guidelines, procedures and legislation
• Explain the products and services used by your organization or sector
• Determine the appropriate terminology used for products and services
• Maintain your product knowledge
• Manage information
• Determine client goals and priorities with respect to mortgage broking
• Prepare and present mortgage options to client
• Prepare necessary documentation and follow-up
• Comply with the NZ Mortgage Brokers Association membership requirements.

Content

• Introduction to working in the mortgage industry in New Zealand
• Scope, sectors and responsibilities of the financial services industry
• Financial services and specifically mortgage industry guidelines, procedures, legislation and regulations
• Loan products and services
• Matching mortgage products and services with client needs
• Principles of lending
• Processing loan applications
• Effective business management for mortgage professionals

Qualification

Upon successful completion of theprogram, you will receive a Certificate of Competence signifying partial completionof the following NZQA accredited New Zealand qualification, the National Certificate in Financial Services (Financial Advice) (Level 5).

This course is approved by the New Zealand Qualifications Authority(NZQA) under the provisions of the Education Act 1989, and adviserlink is aregistered private training enterprise accredited to teach it.

What next?

• Download registration form (PDF)
• Download printable pamphlet (PDF)

To find out more about our open-entry self-paced distance education or fast-track workshop courses, please call 0800 932 567 or email training@adviserlink.co.nz