Like with any job, in order to become a mortgage adviser, you’ll require a specific skill set. To figure out if you’re cut out for this role, keep reading. In this blog, you’ll find three key skills you’ll need to excel in this line of work.
The motivation to work hard
The motivation to work hard is key in this type of role. Firstly, you’ll need enough drive and commitment to work towards the qualifications you need to legally practice. A popular course that many aspiring advisers sign up to is the CeMap course. In fact, over eight in ten mortgage advisers in the UK hold this particular certification. Recognised by the Financial Conduct Authority, CeMAP provides you with the knowledge and understanding you’ll need to develop your abilities as an adviser. Whether you attend classes in person or opt to study online, you’ll need to be prepared to put in the necessary work.
The hard work doesn’t stop there though. Once you’ve earned your qualifications and you’ve secured yourself a job as an adviser, you may be expected to hit specific sales targets and meet personal objectives. So, if you’re keen to impress, and maybe even up your pay packet, you should keep up the hard work.
The ability to communicate effectively
As a mortgage adviser, you’ll need to be able to communicate effectively. It’s likely you’ll encounter a variety of people every day, so it’s important that you have the ability to get information across clearly and confidently. For example, a large portion of your role will require you to go through the home buying process from start to finish with your clients, whether it’s in person or over the phone. This can involve communicating potentially complex information, so it’s vital that you make sure you’re explaining the relevant details in a clear-cut, precise way that they will fully understand.
An honest and trustworthy manner
There’s no denying that getting a mortgage is an extremely important financial commitment for a lot of people. Since it’s such a big deal, your clients will want to know that they’re getting the best deal, and they’ll also want to know that their application is in safe hands, so it’s essential that you strike up a good relationship with them. Being honest and trustworthy is a must, especially as you’ll be handling confidential information regarding your clients’ financial situations. It’s also your responsibility to offer clear, accurate and truthful advice throughout the entire mortgage process.
If you consider yourself to be hardworking, trustworthy and honest, a good communicator and you’re suitably qualified, you shouldn’t struggle to thrive as a mortgage adviser.