Course and Qualifications of a Mortgage Advisor


One of the most rewarding job in the world financially speaking is being a Mortgage Advisor. All you have to use is your brain. It doesn’t involve any physical labor and although there are too many people engaging in this career, being a mortgage advisor is still a new profession so let us take a look at what you might need to qualify as a mortgage advisor.

The Course You Will Need

Basically, being a mortgage broker doesn’t require a four degree course. It would be helpful though if you have a degree or college diploma in finance or banking. This courses will give you advantage since you have a background on how banks and mortgages work.

The Qualifications You Will Need

Qualifications to become a mortgage broker depends on every state and country you are. One of the most popular and useful qualification that a mortgage professional must have is the Professional Diploma in Financial Advice. It is recognized by the Central Bank’s Minimum Competency Code as a competency. There are other trainings and qualifications that a mortgage professional should get like Diploma of Finance and Mortgage Broking Management or Certificate in Finance and Mortgage Broking. Trainings and certificates related to mortgage brokering can be helpful especially when you start dealing with banks to get the loan approval for your client.

How to Start as a Mortgage Advisor

After obtaining qualifications and certificates, it is now time to apply for a license as a mortgage advisor. Look for companies that hires people as mortgage advisor and learn as much as you can from people with experienced in the business. Try to learn the ins and outs of the business. IF you feel like you are ready to be on your own, establish your own office and start as an independent mortgage advisor professional.