Re-training as a mortgage broker

moksha76

I am chewing over the idea of re-training as a mortgage broker. I hate offices and office environments, so the possibility of working from home, or in a coffee shop, really appeals. I have never worked in a bank, and I'm pretty bad at both maths and technology, so I'd have to work damn hard. I do have a couple of degrees (BA and MA), but they are in English literature. I'm under no illusions btw. I have read loads of bull****  about earning a six figure salary while lounging around at home, etc. I assume that in reality it will be a stressful, miserable grind, like most jobs. Being so bad at maths and technology, I'm not even sure it's for me. I'm just curious to hear other people's experiences. Is it realistic to do the training, do the exams and then set myself up from home? Can you earn an average wage like that? Or is it all fantasy?   

Savvy_Sue

Can I just say (and I'm sorry if it's not what you want to hear) that the idea of discussing personal financial arrangements with someone working from a coffee shop isn't going to be very high up my list of 'how to choose a mortgage broker' priorities. And as for a face to face appointment, even less so. 

Working from home is slightly less off-putting, but only slightly, because I don't know (and don't want to know) your personal living arrangements. I don't want others to know my business, and if you share your home with anyone else, how do I know my information is secure? 

I'll let others tell you how unlikely it is that you'll be earning a six figure salary as a mortgage broker under any circumstances. 

to be more positive, you hate offices and office environments - apart from your home, where might you enjoy working? Outdoors? Retail? Catering? Teaching? 

MovingForwards

It's fantasy, read the other posts where members have asked and brokers have provided a reality check.

Dox

Why would anyone choose you as opposed to other mortgage brokers with years of experience and who are working in an office with colleagues to turn to? Unless you know how you will get clients and have the necessary contacts to do so, it's likely to be a non-starter.

Working in a coffee shop as a barista 9 (when COVID permits) might be a really good career move.