Frequently Asked Questions
Academy Structure & Duration
The Academy duration ranges from 6 - 12 months, depending on the student. The timeline can be expedited if the student has experience broking, such as mortgage broking, or has been working in the financial services industry as a lending consultant for more than 12 months.
It's fine as long as you complete the modules that form part of a specific completion milestone.
Absolutely! We encourage our students to complete modules ahead of time when possible.
It's best to discuss this with your manager to gain a better understanding of their preferred learning structure.
We'll likely recognise that you are falling behind and will provide you with support to get up to speed. If learning needs to be placed on hold, we may be able to assist you.
However, we encourage these discussions to be initially had with your manager.
Certifications & Learning
Yes, in many cases, prior recognition is counted towards the Cert IV in Asset and Commercial Finance.
Asset finance product knowledge, sales and conversion strategies, lender policies, compliance and responsible lending, business development, and marketing.
Yes, we include interactive quizzes and case studies to help reinforce learning and test your understanding.
Additionally, the Cert IV in Asset and Commercial Finance has modules that require assessments to be completed and passed to attain your certificate.
We encourage you to engage with asset finance lender BDM's regularly, attend relevant lender webinars, and participate in face-to-face workshops.
While we will organise some of these events, if you come across anything outside of the academy relevant to asset finance, we encourage you to participate.
Unlike mortgage brokers, asset finance brokers are not required to have a mentor. However, if you would like to expand your learnings, it might be a good idea to engage with an asset finance mentor.
Yes, you will be required to pay for this course. The cost is $1700.
Practical Application & Support
Yes, if you are an accredited broker with Loan Market and hold asset finance accreditations with the lenders on the Loan Market panel, you can assist customers with asset finance.
Our CRM provides scenario support by inputting the data into the system, and we also have a team you can contact for assistance with complex scenarios.
Consumer and Commercial asset finance accreditations depend on experience. Several lenders offer great asset finance solutions you can become accredited with from day one. However, major lenders require brokers to have experience before becoming accredited.
Yes, we cover essential tools and workflows to help you manage leads and improve efficiency.
Additionally, lenders will provide guidance on using their portals to lodge applications and address conditions.
Yes, existing and new content will be regularly loaded, and you will have ongoing access while you're with Loan Market.
We'll handle that by connecting you with relevant lenders, organising webinars, networking events, and loading video content into Brokerversity.
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