Jessica Darnbrough
As the Dilpoma deadline draws closer, one broker believes those with years broking experience should not have to complete the course.
Speaking to The Adviser, wHeregroup’s Todd Hunter said brokers armed with five or more years experience in the mortgage broking industry should be exempt from completing the diploma.
“I think in 10 years of mortgage broking I have been asked on my qualifications twice, and a diploma does not mean you know product knowledge or how to sell, it is simply a piece of paper. So I am against it for those who have been in the industry for more than five years,” he said.
But while Mr Hunter believes experienced brokers should be exempt from completing the Diploma, he said the education requirement is important and thus should be enforced with industry newcomers.
“For those new to the industry, they should be made to do the extra qualifications so they get a good feel for the industry, but for those in the industry full time for over five years, their experience speaks volumes, especially those brokers who write good volumes each month,” he said.
