🚀 Now onboarding new brokers for 2026
📞 1800 010 001 ✉️ rm@oxcel.com.au
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How To Become A Broker

Onboarding Docs

How to become a finance or mortgage broker in Australia — the eligibility criteria and every onboarding document you'll need, with costs, providers and shortcuts. You don't need them all before you apply.

Join Oxcel → See the checklist
Becoming A Broker

How to become a broker: your document checklist

Everything ASIC, the industry bodies and our lender panel require before you write your first loan — exactly as our onboarding team will request it.

1. Certificate IV in Mortgage Broking (or Diploma)
  • The first action to take is to attain your Cert IV in Mortgage Broking.
  • You can visit the AAMC website to complete your course online.
  • Cost: approximately $597 (one off).
  • You are free to choose any other licensed provider.
2. Anti-money laundering certificate
  • No more than 2 years old (refresher or new can be done online via aamctraining.edu.au).
  • If new to the finance industry, please provide the MFAA / FBAA initial compliance pack.
3. Industry body membership (MFAA or FBAA)
  • Current FBAA or MFAA membership certificate.
  • FBAA → fbaa.com.au — cost: $499 yearly.
  • MFAA → mfaa.com.au.
  • We will provide your mentor certificate once the onboarding contract is signed (contact us for a mentor letter).
  • If onboarding under a corporate entity, both the company and the loan writer must be members.
4. AFCA (Australian Financial Complaints Authority) member number
  • Visit afca.org.au/members and apply for membership (ACRs).
  • Use 100702 as the licensee.
  • Cost: $65.98 per year.
  • If onboarding under a corporate entity, both the company and the loan writer must be members.
5. Financial Abuse Awareness Education Certificate
  • Access for non-FBAA members: visit the FBAA Membership Portal → login → click "Education Institute" → "Member Compliance Courses" → "Get Access".
  • Access for current FBAA members: activate your account (registration code: FBAA-QBgs-V2As) → login via FBAA Education Institute → "Member Compliance Courses" → "Get Access".
6. Professional indemnity insurance
  • You can get a quote and purchase online from Scott & Broad, or email sally@scottbroad.com.au.
7. Police clearance
  • Must be less than 90 days old at the time of submission.
  • You can apply at afp.gov.au — cost: $42 (one off).
8. Driver's licence & Medicare / Passport
  • Preferably driver's licence and passport.
  • If a passport is unavailable, a Medicare card or birth certificate is required.
9. Resume
  • Required for many panel lenders — must be current and professional.
  • Must include your most recent employer/employment and list 2 contactable referees.
  • Referees must have been your previous supervisor/employer.
10. Bank statement
  • The first page of your bank statement.
11. Citizenship certificate / IMMI visa grant notification
  • If your passport is not an Australian passport, we will require a citizenship certificate OR IMMI visa grant notification.
12. Exit letter from your previous aggregator
  • Applicable for transfers only.
  • The exit letter must include the phrase "left under no adverse circumstances".
13. Trust deed
  • Required if your ABN is linked to a trust.
Start Your Application — Join Oxcel →

Don't have everything yet? Apply anyway — our onboarding team guides you through obtaining each document.

Eligibility Criteria

Who can become an Oxcel broker?

🎓

Qualified or experienced

Must hold relevant qualifications or experience in finance — or be ready to complete your Cert IV with our guidance.

💳

Clean credit history

A clear credit file with no defaults, and no undischarged bankruptcy.

⚖️

Fit and proper

Compliance with ASIC's fit and proper person requirements, verified during onboarding.

📚

Committed to CPD

Commitment to ongoing professional development with MFAA or FBAA.

🤝

Responsible lending

Adherence to responsible lending principles on every file.

💼

Professional conduct

Demonstrated ability to handle financial matters professionally.

Your Pathway

How to become a mortgage or finance broker — in 4 moves

  • 1
    Study: Cert IV in Finance & Mortgage BrokingOnline, ~$597, a few weeks part-time. Diploma recommended for mortgage writers.
  • 2
    Join the industry: MFAA/FBAA + AFCA + AMLMemberships and certificates above — under $700/year all-in, and we walk you through each one.
  • 3
    Apply to OxcelChecks, credit representative registration and lender accreditations handled for you — typically 7–21 days.
  • 4
    Write loans with a mentor beside youComplimentary 2-year mentoring and structured training take you from first file to full pipeline.
Join Oxcel →
Document Questions

Frequently asked questions

Is there a preferred format for document submissions?
We recommend submitting documents in PDF format for clarity and consistency. However, our online portal can accommodate various formats.
Can I send the documents later?
While we encourage timely submissions, we understand that gathering documents can take time. Reach out to us for guidance on deadlines and arrangements.
How can I send the documents?
You can conveniently upload your documents through our website or via email.
If I'm missing any document, what should I do?
If you're missing a document, don't worry. Reach out to our support team, and we'll guide you on the necessary steps to ensure your application process remains on track.
Ready To Excel In Finance Brokerage?

Join Oxcel today to access our specialised services.

Start the application now — you don't need every document yet, and your Relationship Manager guides you the rest of the way.

Join Oxcel →
Book A Meeting

Let's connect and explore how we can grow together.

Our Relationship Managers are here to understand your business, answer your questions and show you how Oxcel can support your success.

Matthew Regino — Oxcel Relationship Manager
Matthew Regino Relationship Manager NSW, QLD, ACT & NT ✉️ matt@oxcel.com.au 📞 0468 161 151
Mumba Chalwe — Oxcel Relationship Manager
Mumba Chalwe Relationship Manager VIC, WA, SA & TAS ✉️ mumba@oxcel.com.au 📞 0450 001 199

Schedule your meeting

We value your time and look forward to connecting with you. Choose a time that works best and we'll take care of the rest.