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New Zealand Certificate in Financial Services (Residential Property Lending) (Level 5)

Become a qualified mortgage adviser

New Zealand Certificate in Financial Services (Residential Property Lending) (Level 5)
Course Summary
Level
Level 5
Credits

65

Fees

$2,189

Campus
Online
Duration

26 weeks

Who Can Join

NZ Citizens / Resident Visa holders

Course Overview

This programme gives you the competence, knowledge and skills needed to provide regulated financial advice in residential property lending. It is designed for people entering the mortgage and lending industry, and for those already working in banking, insurance, broking or real estate who want to move into specialist lending roles. You will learn to establish client borrowing needs, analyse residential property lending products and options, and develop suitable lending solutions within New Zealand's financial advice framework.

Highlights
  • Understand your legal, ethical and professional obligations to clients
  • Learn to provide residential property lending advice and solutions to clients
  • Analyse lending products, structures and options, and apply the six-step advice process
  • Understand residential property lending concepts, legislation, regulations and codes of conduct
Career Opportunities

This programme prepares graduates for roles such as mortgage adviser (mortgage broker), technical specialist, broker support, bank or non-bank lending adviser, and business development manager across the lending and financial services industry.

Programme Information

Mortgage brokers (also known as mortgage advisers) offer financial advice to people wanting to buy a house or property and help them apply for a home loan. Pay varies with experience, qualifications, the number of clients an adviser has, and whether income includes commission.

According to the government careers service Tahatū, mortgage brokers most commonly earn $64,000 to $134,000 a year, with pay starting around $50,000 and rising to about $185,000 for the most experienced advisers. A New Zealand Certificate in Financial Services (Level 5) is the qualification listed for entry to this role.

To provide regulated financial advice you also need to be registered on the Financial Service Providers Register, and to hold, or be engaged to operate under, a Financial Advice Provider (FAP) licence.

Source: Tahatū (tahatu.govt.nz).

  • NCEA Level 2, with a minimum of 8 credits in English (4 credits each in reading and writing), or the ability to demonstrate equivalent knowledge or skills.

Applicants aged 20 and over who do not meet the academic requirements above must provide evidence of their academic ability to study at the level required to complete the programme successfully. This can be written evidence, an interview, referee checks or a combination of these.

All applicants choosing to enrol in the distance or blended delivery mode must have access to a laptop or desktop computer with a camera, a reliable broadband internet connection and a data plan able to support online learning.

Special Admission and Discretionary Admission are available for applicants aged 20 and over who do not meet the general admission requirements. Contact our enrolments team to discuss your situation.

This programme is made up of four courses:

Financial Services Legislation and Regulations (20 credits)

Financial Advice and Economic Environment (15 credits)

Residential Property Lending Recommendations (15 credits)

Residential Property Lending Solutions (15 credits)

This qualification may lead onto higher-level qualifications in financial services.

  • Weekly workshops and discussion forums.
  • All learning resources are located on an online learning platform called Moodle.
  • We have free Wi-Fi on campus and Microsoft 365 and Microsoft Teams for school and home use.
  • You will be able to ask your lecturers any questions about your assessments and learning.
  • We also have a dedicated Student Services Team who can help you with any academic or personal issues you face during your time with us.

Will this qualification be recognised in the sector where I will work?

Yes. This qualification is NZQA-approved and recognised by New Zealand employers, and it is the qualification listed for entry to mortgage broking and lending adviser roles.

What is the application process?

You can find an easy step-by-step guide to applying and enrolling in a programme by clicking here.

What if I miss some classes?

You will have access to all the learning material on our learning management system, Moodle; however, every learning session is essential to your learning, and attendance is very important.

Will I be able to manage my time?

We acknowledge there may be times when it becomes difficult to juggle your priorities. If you face any struggles, our supportive lecturers and Student Services Team are here to help you.

Do I need to have any computer skills?

Yes. You will need basic computer skills and a laptop to be successful in the programme.

Where can I work after graduating?

You can work in roles such as mortgage adviser (mortgage broker), broker support, or a bank or non-bank lending adviser.

Is there cultural support for me?

Yes. We have activities and cultural events to celebrate the many diverse ethnicities at our campuses.