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Mortgage Advisor Career

13

Comments

  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    Oh, I dont know..

    Initially it would be boring for 3-5 years. Being nosey and inquisitive - doing things like internal/external auditing could be quite interesting I believe.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Tiddler_2
    Tiddler_2 Posts: 537 Forumite
    How about going to be a small firms investigator for the FSA - based on the last ones to visit my company - they don't need any experience of doing mortgages, just an ability to say you're doing it wrong without actually telling you the way you should be doing it!!
  • Graeme7777
    Graeme7777 Posts: 255 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thank you all for your helpful contributions!

    One last (hopefully) question if I may:

    What qualifications/regulations does a non-IFA mortgage advisor need to be authorised to sell insurance related to mortgages?
  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
    It will be the same cemap/cefa I believe.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Graeme7777 wrote: »
    I think you've all put me off re-training as a mortgage advisor!!! lol

    What then are the alternative careers in helping people with their finances? (not IFA as I studied insurance as part of a university course on risk and I found it very dull)

    Thanks!

    How about a Debt Counsellor? Helping people with IVAs or Payment Arrangements with Lenders.
    I am a Mortgage Consultant and don't like to be told what I can and can't put in a signature so long as it's legal and truthful.
  • allan673
    allan673 Posts: 1,213 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    dont do it - have you thought about banking etc, my friends a bank manager at yorkshire bank - good job!
  • allan673 wrote: »
    dont do it - have you thought about banking etc, my friends a bank manager at yorkshire bank - good job!

    :rotfl:
    I have 3 Yorkshire Bank Managers who are my clients!
    I am a Mortgage Consultant and don't like to be told what I can and can't put in a signature so long as it's legal and truthful.
  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If I was you I would look at debt counselling. with the projected statistics for bankruptcies and repossessions you would not be short of work. Added to which the government is putting a load of money into the debt advice industry to gear it up for all the extra work its going to have to cope with.
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • yoshihirouk
    yoshihirouk Posts: 30 Forumite
    Judging by the shear number of idiotic and incompetent brokers/packagers that I deal with on a daily basis, I can safely say that a lot of those idiots will be going out of business in the next year or so.
    Don't be put off entering an industry if you think it's the rightmove for you. The survival of the fittest applies to any industry (people always want the best people). Become one of those and you'll do fine.
  • Judging by the shear number of idiotic and incompetent brokers/packagers that I deal with on a daily basis, I can safely say that a lot of those idiots will be going out of business in the next year or so.
    Don't be put off entering an industry if you think it's the rightmove for you. The survival of the fittest applies to any industry (people always want the best people). Become one of those and you'll do fine.

    You are Soooo right :T

    There are so many in this industry who think they are right, but haven't got a clue.
    I am a Mortgage Consultant and don't like to be told what I can and can't put in a signature so long as it's legal and truthful.
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