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i ask as a customer suggested i study for the certificate that allows you to sell mortgages..he mentioned c map fee map or something that sounds like that
The Institute of Financial Services is the official body you should use for Cemap. (Certificate in Mortgage advice and Practice)
I say this as there are lots of other orgs out there who offer fastrack services, but will charge you quitea lot for the exams and coursework, so use the IFS and study via correspondence in your own time.
The exams are taken at various centres throughout the country and you can sit them at any-time.
That is of course if you're ok at self learning, if not you'll have to get tutoring.
There are 3 papers to pass to get the full status.
do you know anyone who does sell mortgages from home? success rates etc.
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Well to advise from home is not practical, unless you have an 'office like' home. You could use home as your office for admin etc, and see customers in their homes or in a rented office.
One other option is to advise purely viathe internet and phone, however this relies more on an e-commerce proposal. Some businesses successfullywork purely this way as introducers or lead generators.
I.E. they generate hundreds of leads which they themselves qualifythen sell on. Has massive potential.
Answer to your question is i do know one guy who has recently set up on his own after years of advising at a bank. He claims hes doing very well financially. You have to join a network as its virtually impossible to start completely independantly. The compliance and processing of cases are complex tasks and you need a company to take away these burdens. Networks offer to do this for a percentage of your takings.
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01-10-06, 12:15 AM
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