Thinking about how to become a mortgage broker? The Better Broker’s Guide to Kickstart Your Career as a Mortgage Broker will help you get started in the industry. If you’re considering becoming a broker this valuable guide will give you the answers you need.
Mortgage broking can be a rewarding career as you’ll help people daily through some of the most important financial decisions they’ll ever make. You could also build a business, keep growing professionally and, better still, make a good living from your work. AFG can help you succeed with training and professional development, marketing support, and with access to industry-leading broker technology and a strong, supportive broker community.
It’s packed with information on what mortgage brokers do, how to begin, picking the right career path for you, and the support you’ll gain from AFG. The guide addresses all aspects of how to become a mortgage broker, including compliance, licensing, and ongoing professional development.
Step 1 – Understand the Role
Learn what brokers do, who they help, and what a typical day looks like.
Step 2 – Complete the Required Qualifications
You’ll need nationally recognised courses approved by ASIC, plus any additional training depending on your career path.
Step 3 – Obtain Your Licence
This includes your ASIC licence, membership with an industry body, and professional indemnity insurance.
Step 4 – Choose Your Career Path
Decide whether to join an existing brokerage for support or establish your own business.
Step 5 – Get Set Up With Technology and Compliance
AFG’s onboarding, CRM and compliance tools streamline your setup so you can focus on securing clients.
Step 6 – Begin Building Your Client Base
Use our marketing, lead generation and visibility tracking tools to measure enquiries and growth as you establish your business.
Learn how brokers support thousands of Australians and what your typical day could look like.
Discover the different options from joining an existing brokerage to starting your own business.
Read helpful guides and checklists so you’re across what the requirements are to become a mortgage broker before jumping in.
AFG has been there with me since the beginning of my journey as a mortgage broker, providing technical support, marketing and online training to help me optimise and automate processes in my business. Most importantly, the people at AFG, all the way to the CEO, have always made me feel valued and supported.
To become a mortgage broker, you need to complete relevant courses approved by ASIC and obtain a license. Our guide covers detailed mortgage broker qualifications and compliance requirements.
Depending on your study path and experience, it typically takes 3-12 months to complete training and obtain your license.
Yes - many new brokers join an established brokerage for training, mentorship and operational support. You can also start your own business with AFG’s tools, technology and training.
There are course and licensing fees, as well as membership and professional indemnity insurance costs. Our guide breaks down estimated expenses and ongoing costs.
Using our resources, you can monitor your licensing, client acquisition, lead generation performance and business growth.
