Posts Tagged ‘Licenced Mortgage Broker’

I have just received a welcome email from my RTO advising me that my assignments for the Diploma of Financial Services (Finance/Mortgage Broking Managment) were assessed as of  “a high standard, reflecting your professionalism and experience.”  I am looking forward to framing my Diploma once it arrives in the mail. 

As from 1st July 2010, brokers were required to register with ASIC as a prelude to mandatory licensing which comes into effect as from 1st January 2011.  No registration means that a broker is unable to “write” a home loan for a borrower.  With coming regulation under the National Consumer Credit Protection (NCCP) Laws more skill, expertise and experience will be required by brokers to meet the “responsible lending” guidelines. 

To engage in ongoing education is my way of ensuring that I can offer the professional skills required as a mortgage planner servicing the key areas of Newcastle, the Hunter, Lake Macquarie and Central Coast.