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Become a broker

Why become a Mortgage and Finance Broker?

A career in mortgage and finance broking offers independence, flexibility, and unlimited growth potential. Whether you're looking for a career change, greater control over your income, or the ability to help people achieve their financial goals, broking provides a rewarding and dynamic career path.

Your journey starts here! Download the Pathway to Broking ebook for more information about becoming a Mortgage and Finance Broker.

Key benefits of becoming a broker

Flexible career path

Work independently or as part of a larger network

Strong earning potential

Build a business with scalable income opportunities

Make a real impact

Help individuals, families, and businesses access finance solutions

Be part of a thriving industry

More than 75% of home loans are now written by brokers

Ongoing professional development

Continuous learning and career progression opportunities

Steps to becoming a mortgage broker

Sign up with the MFAA

Get started by signing up for free and accessing valuable industry insights, resources, and guidance. 

Create an account to start the process.

Get qualified

To become a broker, you must complete:

  • Certificate IV in Finance and Mortgage Broking
  • Diploma of Finance and Mortgage Broking Management

Choose an aggregator

Aggregators provide:

  • Access to a lender panel
  • Business platforms and support
  • Professional services and compliance guidance
  • Appointment as a Credit Representative under an Australian Credit Licence (ACL)

Mentoring

New brokers must have a mentor for the first two years to:

  • Develop industry knowledge and skills
  • Navigate lending scenarios and best practices
  • Ensure compliance and professionalism

Understand key requirements

Before applying for membership, you’ll need to meet compliance and licensing requirements, including:

  • Professional indemnity insurance
  • Membership of the Australian Financial Complaints Authority (AFCA)
  • Credit and National Criminal History Checks

Apply for MFAA membership

Once you've completed your education, selected an aggregator, and obtained the required documentation, you're ready to apply for MFAA membership.

Review our membership categories and create an account to submit a member application via the member portal.

 

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Join the MFAA

Need personalised support? Reach out to our Membership Services team for assistance on 1300 554 817 or email membership@mfaa.com.au

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The MFAA acknowledges Traditional Owners of Country throughout Australia and recognises their continuing connection to lands, waters, and communities. We pay our respects to Aboriginal and Torres Strait Islander cultures, and to Elders past and present.
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 MFAA | Mortgage and Finance Association of Australia

Join us today

You can sign up for free by creating an account. If you are new to the portal, select "Create an account" to register and gain access to a range of free and useful resources.

If you already have an account, simply log in. Once logged in, you can easily apply for membership. If you need assistance, call our support team on 1300 554 817 for assistance.