Do you need a degree to become a mortgage advisor?

Do you need a degree to become a mortgage advisor?

Mortgage advisors assist those who are looking to purchase a property, helping them to decide which mortgage is right for them. This job is heavily finance based and can be complex at times. So, if you consider yourself to be good with numbers, you’re a clear communicator and have the motivation to hit targets, you may find that this type of role is perfect for you.

If you’re looking to head down this particular career path, you might assume that you will need a degree to succeed. However, a stint at university is not essential if you’re hoping to pursue employment in this field. So what is actually needed in order to become a mortgage advisor? Let’s have a look at some of the requirements you’ll need and what is likely to be expected of you in order to thrive in this position.

Qualification requirements

While a degree is not necessary, you will still need to obtain a qualification in mortgage advice. The qualification you get will also need to be recognised by the Financial Conduct Authority (FCA) and meet specific industry standards. The Certificate in Mortgage Advice and Practice (CeMAP) is one of the most popular and firmly established mortgage qualifications with around 80 per cent of mortgage advisors having achieved this. You can gain your CeMAP certificate independently online using a financial advisor training specialist such as

In addition to this, it may also help if you have GCSEs in English and Maths. These can ensure that you get the desired job without any hassle!

Training and studying

Becoming a mortgage advisor requires you to undergo a substantial amount of learning about the variety of mortgage options available in the market, from retail to wholesale mortgage and everything in between. However, to gain enlightenment, you would need to enroll in relevant courses.

For example, the CeMAP qualification course could be of help. It consists of three separate modules, each of which includes several units. Some people may take six months to complete this course, while others may take up to two years. It is advised that you study for approximately 200 hours before attempting to pass the qualification, so you’ll need to be dedicated and willing to study hard, especially if you’re completing the course alongside a full or part-time job or other studies. Once you’ve finished your studies and passed your CeMAP qualification, you can then start to apply for mortgage advisor jobs.

By taking this information on board, you should find becoming a mortgage advisor much easier. These handy tips should prepare you for what you need to achieve before you start applying for jobs in this field of work.

Share this Story

Related Posts

Learn Business from the experts.

With one interview and a selection of finance articles every week, join 3,000 others on weekly newsletter here.

Looking for Something Special?

About Experts In Focus

Welcome to Experts In Focus, formed from a group of old r/business users from Reddit who wanted a place to gather the best interviews and create a resource for learning for the future - all in the same place.

We have a group of 5 contributors so we have a variety of styles and a variety of different types of content published. We focus on quality not quantity.

One last thing, we're here for you in the comments to answer any questions you have, and we're always ready to jump in on any feedback in our interviews and articles.

Welcome to