As well as being rewarding, a career as a mortgage adviser can be lucrative, potentially making it a great choice if you’re a technophile who loves to always have the latest gadgets. But how do you know if you’re really cut out for work in this field? Here, we take a look at a few of the qualities that can help you to excel in this role.
You love you learn
To get a job as a mortgage adviser in the UK, you’ll need to gain a certification that’s recognised by the Financial Conduct Authority, such as a Certificate in Mortgage Advice and Practice (CeMAP). This will provide you with the in-depth knowledge and skills you need to practice as an adviser. A range of training providers offer these courses. For example, Simply Academy provides fast-track classroom-based and online CeMAP courses.
In order to pass these learning programmes, get the certification you need and, ultimately, to flourish as an adviser, it’s important that you’re willing and able to learn. A passion for acquiring knowledge and furthering your abilities will help you to land your first role and, after this, to progress in your career. Bear in mind that financial trends, mortgage products and industry best practice and regulations are continually evolving, so you’ll need to keep learning throughout your working life as an adviser.
You’re a natural communicator
Giving mortgage advice is about communicating ideas and information to people clearly and effectively. You’ll deal with a wide range of people, from your clients to your colleagues, to estate agents, to mortgage providers and insurers. This means it’s essential that you’re able to express yourself clearly.
One of your chief responsibilities will be to explain how the mortgage application process works to your clients and to guide them through it. This can be a tricky topic for people to get to grips with, so you’ll need to have a knack for explaining complex ideas in ways that are easy for others to understand.
You’re motivated by results
It’s a big help if you’re motivated by results. You may be employed by an estate agent, mortgage broker, bank or building society. If you’re working for any of these types of organisation, the chances are you’ll be expected to meet certain sales targets and your pay will likely be partly commission-based. Alternatively, you may choose to become an independent financial adviser, in which case your earnings will be solely dependent on the results you achieve.
So, regardless of the career path you take, it’s important that you’re able to cope with pressure and you’re willing to put in the work to get the rewards.
If these traits apply to you, you’d be well placed to thrive as a mortgage adviser. You can discover more about this type of work online to help you to decide if it’s the right step for you.