3 things no one tells you about becoming a mortgage adviser

mortgage adviser

If you’re interested in becoming a mortgage adviser, you might think that you’re ready to embark on this next chapter of your career. To make sure that you’re all set to get stuck into this field of work, here are three things no one tells you about becoming an adviser.

1. You need to be suitably qualified

While a degree is not required to become a mortgage adviser, you will need to make sure that you’re suitably qualified by obtaining a certification that is credited by the Financial Conduct Authority. For example, you could enrol on a Certificate in Mortgage Advice and Practice (CeMAP) course. Training specialists such as Simply Academy can help you achieve your CeMAP qualification through either teacher-led training in a classroom environment or online via distance learning courses. Once you have successfully completed your studies, you’ll be ready to start legally practising as a mortgage adviser.

2. You need to be prepared to study

In order to achieve your qualification in mortgage advice, you’ll need to be prepared to study. For example, the CeMAP certification is split up into three modules, and each one consists of several units which cover the various different aspects of being a mortgage adviser. For each module, you’ll be expected to sit an exam, as well as keep on top of assignments and the relevant reading material.

So, regardless of how it takes you to complete your studies, you’ll need to have the determination and motivation to put in the hard work and revision time required to gain your qualification.

3. It helps to gain work experience

Although it’s essential that you’re suitably qualified, it helps to gain work experience too. In a large pool of hopefuls applying for the same position, it’s important that you stand out from the crowd. So, to set you apart from the other candidates, it could help to show that you’ve had some involvement in this particular field. If not, you could miss out to someone who has experience under their belt.

For instance, if you’ve had practice in sales, customer service or a finance role, this could make you more appealing to potential employers. Plus, you could find that this experience helps you to transition easily into your role.

The truth is, there is no secret formula behind becoming a successful mortgage adviser. As long as you’re suitably qualified, willing to put in the hard work and have some experience, you should find you’re able to secure this type of role.