A Mortgage Advisor will either work independently to find the best mortgage for their customers needs or they may work for a bank or building society and will only sell their own companies products. They will firstly interview prospective customers to establish their needs and find them a mortgage that suits their requirements and that they can afford in accordance with responsible lending legislation.
You’ll need to take a qualification in mortgage advice that’s recognised by the Financial Conduct Authority (FCA). You’ll take this qualification through your employer.
It will help if you have GCSEs at grades 9 to 4 (A* to C) in English and maths. Relevant work experience in customer service, sales or finance will also be useful.
- apply for a mortgage adviser training scheme run by banks and building societies
- work your way up from a customer service adviser role in a bank or building society, or as a mortgage administrator in a firm of brokers
- get into this career through an apprenticeship
Most employers will expect you to have a credit check and a background check, which they'll arrange for you.
Career Path and Progression
With experience, you could manage a team of mortgage advisers, or you could choose to become a self-employed independent adviser.
You could also take further qualifications to become a financial adviser.
Related careers you may be interested in:
- Financial adviser
- Financial services customer adviser
- Good communication and listening skills
- The ability to explain complex information effectively
- Excellent interpersonal skills
- Good mathematical and IT skills
- Honest and trustworthy
- Respect for other peoples confidential information
£22,000 to £70,000