The memories of all those late nights spent studying for your CeMap are still freshly imprinted on your brain but despite your determination and newly qualified status, you find yourself stuck in a limbo where a song named “two years experience required” plays on repeat.
Unfortunately, you’re not alone. Many mortgage brokers who possess the skills and qualifications needed to meet or exceed a job description are being turned away for a lack of experience.
In a hurry? Ask a recruitment expert for advice or view the mortgage broker jobs near you.
Why won’t a mortgage brokerage hire me without experience?
No experience = no track record of success and no previous employer to vouch for your credibility.
Therefore, some mortgage brokerages may be reluctant to take you on and train you up.
So, how can you convince them that despite your lack of experience as a mortgage broker you have the necessary skills?
State your skills
You need to instil the interviewer with confidence in your abilities as a mortgage broker. You might not have two years experience but that doesn’t mean your other job roles aren’t relevant.
Think about the attributes needed to be a successful mortgage broker and how your experiences have made you the ideal candidate for the position. Use bullet points to list your transferable skills which might include:
- Communication and listening
- Good mathematical ability
- Being able to relay and explain complex information
Leave the hiring manager with no doubt that you are a capable applicant by providing concise examples of how you have shown these qualities in the past and how you will use them as a mortgage broker.
Consider trainee mortgage advisor jobs or work experience
In an ideal world, you could walk into a mortgage broker job straight after you qualify but it’s just not the current reality for a lot of mortgage brokers seeking employment.
Reaching out to mortgage brokerages for work experience can be a great way to get your foot in the door and make some contacts in the industry.
No mortgage broker starts off as an expert and offering your time as a work experience mortgage advisor demonstrates your willingness to learn. In exchange, you’ll gain an insight into the business and learn what to do and what not to do.
Network like your life depends on it
Events and seminars are a great way to keep ahead of the learning curve and attending them demonstrates your ability to network, which is a key skill listed in many mortgage broker job descriptions.
Building relationships with multiple brokerages is a great way to network and it’s also handy to know the professionals that work within your area.
Practice PR and put your name out there so when it comes to the hiring director looking at your CV and another one, they are more likely to remember your name and face.
Our technological world is changing rapidly and as a modern-day mortgage broker, it’s up to you to stay ahead.
Recruiters are likely to search for you on LinkedIn if they’re considering you for an interview and having an online presence can demonstrate that you are technically capable, with an understanding of how to use digital media for business.
Remember that your LinkedIn profile is your personal shop window so entice employers in with a persuasive bio that encapsulates what you do and how you can be of benefit to their mortgage brokerage.
Keep your experience relevant and up to date and communicate your worth effectively with passionate language.
Another great tip is to ask previous employers and colleagues for recommendations. This helps to build your reputation and position you as an employable mortgage broker.
Work with a mortgage recruitment agency
The great thing about the mortgage broker recruitment agents that we work with is that they know what firms are looking for in an ideal applicant.
They help recently qualified mortgage brokers every day and can advise you on how to register as a candidate and successfully secure a job.
Our team of experts have access to a wide range of roles including mortgage brokers and administrators. Using their expertise, they can identify the brokerages that are more likely to hire you in order to find you an employer.
Watch our short video to learn more about how a mortgage recruitment specialist can help you in your search for employment.
Contact a recruitment expert
Call 0117 9450450 or request a call back here. We’ll assign you an expert who is best suited to help you find employment as a mortgage broker.