FNS40821
← Back to Overview

FNS40821 Units Breakdown

Complete overview of all 12 core units required for Certificate IV in Finance and Mortgage Broking

Total Units
12 Core Units

No electives required

Nominal Hours
600 Hours

Across all units

Assessment Type
Competency

Based assessment

Core Units

All 12 units must be completed to achieve FNS40821 qualification

FNSCRD401Unit 1 of 12
Prepare loan application

Learn to gather client information, assess borrowing capacity, and prepare comprehensive loan applications that meet lender requirements and regulatory standards.

FNSCRD402Unit 2 of 12
Identify client needs

Develop skills to conduct thorough client interviews, identify financial goals, assess risk tolerance, and determine appropriate lending solutions.

FNSCRD403Unit 3 of 12
Present broking options

Master the art of presenting loan options, explaining features and benefits, comparing products, and helping clients make informed decisions.

FNSCRD404Unit 4 of 12
Provide credit assistance

Understand how to provide compliant credit assistance, including disclosure requirements, responsible lending obligations, and client communication.

FNSASIC301Unit 5 of 12
Work in the financial services industry

Gain foundational knowledge of the financial services industry structure, regulatory environment, and professional conduct requirements.

FNSCUS401Unit 6 of 12
Provide customer service

Develop customer service excellence skills specific to financial services, including communication, problem-solving, and relationship management.

FNSCRD301Unit 7 of 12
Process applications for credit

Learn the end-to-end process of credit application processing, from initial submission through to settlement and post-settlement activities.

FNSCRD302Unit 8 of 12
Resolve disputes

Understand dispute resolution processes, complaint handling procedures, and how to manage difficult situations professionally and compliantly.

FNSTPB401Unit 9 of 12
Complete business activity and instalment activity statements

Learn to prepare and lodge BAS and IAS, understand GST obligations, and maintain accurate financial records for your broking business.

FNSTPB402Unit 10 of 12
Establish and maintain payroll systems

Develop skills to set up payroll systems, process wages, manage superannuation, and comply with employment taxation requirements.

FNSTPB501Unit 11 of 12
Apply legal principles in contract and consumer law

Understand contract law fundamentals, consumer protection legislation, and how legal principles apply to mortgage broking transactions.

FNSTPB502Unit 12 of 12
Apply legal principles in corporations and trust law

Learn about corporate structures, trust arrangements, and how these legal entities impact lending and broking activities.

Assessment Methods

Written Assessments

Complete written tasks, case studies, and knowledge questions that demonstrate your understanding of mortgage broking principles, regulations, and procedures.

Practical Scenarios

Apply your skills in realistic scenarios including client consultations, loan application preparation, and presenting broking options to demonstrate competency.

Portfolio Evidence

Compile a portfolio of work samples, documents, and evidence that shows your ability to perform all required tasks to industry standards.

Competency-Based Assessment

FNS40821 uses competency-based assessment, meaning you're assessed on your ability to perform tasks to industry standards rather than receiving grades. You'll be marked as "Competent" or "Not Yet Competent" for each unit, with opportunities to resubmit assessments if needed.