What qualifications do I need to be a mortgage adviser?

If you are considering a career as a mortgage adviser, our advice is… go for it! Once qualified and practicing you will discover a satisfying vocation which offers highly lucrative job opportunities.

Entering this exciting profession is also simpler than you might think. With the correct mortgage adviser qualifications you will hit the ground running with the best possible start to your new career.

Mortgage advice qualifications

As you plan ahead to your new career, the first step is getting the right credentials. You should pick courses which lead to FCA mortgage advice qualifications. These industry recognised, highly regarded courses will ensure:

1. You can legally offer mortgage advice to clients.
2. You have received full and proper training, giving you the knowledge needed for your new job.
3. You enter the workplace confident of your skills.
4. You hold valuable certificates which are recognised by employers and clients alike.

Where do I start?

Beginning your journey to becoming a mortgage adviser is simple: it all starts with a Certificate in Mortgage Advice and Practice (CeMAP).

This Level 3 course is suitable for new entrants to the sector and teaches you everything you need to start practicing as a mortgage adviser. While teaching knowledge about the industry, mortgage law, products and much more, it also prepares you with the skills you need to confidently begin working.

This single qualification, comprising three modules, is your ticket to a new career.

Training options

We offer 3 different CeMAP training options to support your preferred learning methods.

Some students absorb information best in our Fast Track courses, with an experienced tutor teaching the course content in a classroom environment. Others prefer the convenience of studying via Live Webinar interactive training, which removes the need for travel and accommodation costs. Alternatively, you might prefer the flexibility of self-directed distance learning, studying online wherever and whenever it suits you.

However you choose to study, you will have access to the same high quality course materials and the support of staff whenever you need it.

Developing your skills

Once you hold a Level 3 CeMAP qualification, you are ready to begin working. However, you may choose to continue studying and add to your CV with further Financial Services courses.

Perfect options for further study include:

• Certificate in Regulated Equity Release (CeRER)

This FCA-recognised qualification prepares you with everything you need to advise on highly-demanded equity release products. Our CEReR course partners CeMAP perfectly and allows you to diversify your skills, boosting your earning potential.

• Diploma for Financial Advisers (DipFA)

If you would like to advise more broadly on Financial Services, our DipFA course is the ideal study option. This FCA-recognised qualification focuses on financial planning, investment strategies, risk management, and ethical practices, providing the knowledge you’ll need to offer clients professional financial advice.

Mortgage advice as a career

If you are still unsure about what is actually involved in a career in mortgage advice, allow us to introduce you to the profession.

What will my day-to-day job be?

As a mortgage adviser you will talk to clients about their goals, learn about their financial situation and then recommend mortgage products based on your own research. It is a position of great responsibility as clients will make big financial decisions based on your advice. That is why it is extremely important that your advice is backed by specialised qualifications.

How will I be employed?

You can work as an independent mortgage adviser or find employment at places such as banks, building societies and mortgage brokerages.

How much will I earn?

The amount you earn will depend a lot on the employment you choose. However, mortgage advisers have a high earning potential. The CeMAP course is a comparatively very small financial investment when you consider how much your new skills and knowledge could earn you.

You can find out more about this exciting profession in our Mortgage Adviser career guide.

What else do I need?

To complement your mortgage advice qualifications it is important that you hold a few more skills and attributes in order to succeed in this demanding sector.

1. It is important that you are empathetic. Your clients will place an enormous amount of trust in your advice and make huge financial decisions based on what you say. If you truly care about them and understand their situations, your advice is likely to be better.
2. Similarly, you must be honest. For example, raising your clients’ hopes of achieving mortgages that they cannot afford will only backfire in the long run. Building trust is important if you hope to be successful.
3. Accuracy is extremely important in your work as a mortgage adviser. Any errors in calculations could dash the hopes of clients and ruin your professional relationship.

Find out more

If you are interested in studying CeMAP, we are here to help. Our popular CeMAP courses have fantastic success rates and we offer training options to support different learning styles.

For guidance on how to plan your CeMAP studies, please feel free to get in touch with our friendly Student Support team. You can contact them by email at [email protected] or on Freephone 0808 208 0002.

You could be starting your brand new Mortgage Advice career sooner than you ever thought possible!