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Engage in Finance and Mortgage Broking

You do not need a licence to engage in finance/mortgage broking in Victoria. 

However, the Consumer Credit (Victoria) Act 1995 regulates individuals and corporations who engage in finance/mortgage broking and you do need to ensure that you meet the eligibility criteria as:

• some people are prohibited from engaging in finance/mortgage broking  
• some individuals or companies are disqualified from finance/mortgage broking and must apply for permission from the BLA if they wish to be able to engage in finance/mortgage broking.

For more information on eligibility please refer to the 'Eligibility and Disqualifications' page.

If you are uncertain whether or not you can engage in finance/mortgage broking, seek your own independent legal advice.