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Mortgage Consultant Education Requirements
Updated January 8, 2025
4 min read
There are several educational requirements to become a mortgage consultant. Mortgage consultants usually study business, finance, or marketing. 67% of mortgage consultants hold a bachelor's degree, and 15% hold an associate degree. We analyzed 12,562 real mortgage consultant resumes to see exactly what mortgage consultant education sections show.
The most common colleges for mortgage consultants are the University of Phoenix and the University of Phoenix.
There are also many online mortgage consultant courses to help get the education required to be a mortgage consultant.
There are certain mortgage consultant certifications that you should consider. These mortgage consultant certifications include Certified Sales Professional (CSP) and International Accredited Business Accountant (IABA).
What education do you need to become a mortgage consultant?
What degree do you need to be a mortgage consultant?
- Bachelor's, 67%
- Associate, 15%
- High School Diploma, 7%
- Master's, 6%
- Other Degrees, 5%
What should I major in to become a mortgage consultant?
- Business, 38%
- Finance, 11%
- Marketing, 6%
- Accounting, 6%
- Other Majors, 39%
Most common colleges for mortgage consultants
Mortgage Consultant Common College  | Percentages |
|---|---|
| University of Phoenix | 17.06% |
| Arizona State University | 6.85% |
| Ohio State University | 6.01% |
| University of Maryland - College Park | 5.45% |
| Western Michigan University | 5.31% |
Best majors for mortgage consultants
| Rank | Major | Percentages |
|---|---|---|
| 1 | Business | 38.1% |
| 2 | Finance | 11.0% |
| 3 | Marketing | 6.2% |
| 4 | Accounting | 5.7% |
| 5 | Communication | 4.1% |
Best colleges for mortgage consultants
The best colleges for mortgage consultants are Northwestern University, University of Pennsylvania, and Stanford University.
A mortgage consultant with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for mortgage consultants. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become mortgage consultants.
1. University of Pennsylvania
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
2. Northwestern University
Evanston, IL • Private
In-State Tuition
$54,568
Enrollment
8,451
3. University of Southern California
Los Angeles, CA • Private
In-State Tuition
$56,225
Enrollment
19,548
4. SUNY at Binghamton
Vestal, NY • Private
In-State Tuition
$9,808
Enrollment
13,990
5. Villanova University
Villanova, PA • Private
In-State Tuition
$53,308
Enrollment
6,819
20 best online courses for mortgage consultants
Advertising Disclosure
1. U.S. Residential Real Estate, Property & Mortgage Business
Property & Mortgage Underwriting Loan Processing Financial Analysis Mortgage Operations Origination...
2. Mastering the Pre-qualification Process of a Mortgage Loan
CEO and Founder of Finibi Mortgage teaches you how to pre-qualify borrowers from start to finish...
3. Become a Mortgage Loan Processor
Finibi Mortgage CEO, Joe Correa, teaches you how to become a mortgage loan processor...
4. Advanced Mortgage Loan Processor: Essential Skills Training
Finibi Mortgage CEO, Joe Correa, teaches you how to take your mortgage loan processor career to the next level...
5. Start a Profitable Career as a Mortgage Loan Originator
Learn from the president and CEO of Finibi Mortgage, Joe Correa, how the entire mortgage process works...
6. Loan Processor & MLO Mortgage Math: Problems & Solutions
Mortgage skills training and SAFE Mortgage Loan Originator Licensing Exam math prep with 115 problems & solutions...
7. Mortgage Backed Securities (MBS): Basic to Advanced
Financial Markets MBS Asset Securitization Mortgage Loans Cash Flows CMOs PAC Bond Tranches...
8. Banking Credit Analysis Process (for Bankers)
Course for Bankers, Consultants and managers to Understand Credit Analysis Process from Indian Context...
9. Intro to Commercial Credit Analysis, Credit Risk and Lending
Commercial Credit Underwriting Lending & Commercial Credit Financial Analysis Credit Risk Foundations...
10. Financial Statement Analysis
Learn how to make understanding financial statements your superpower!...
Top 10 most affordable universities for mortgage consultants
The most affordable schools for mortgage consultants are Baruch College of the City University of New York, suny farmingdale, and usf sarasota-manatee.
If the best universities for mortgage consultants are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for mortgage consultants.
1. Baruch College of the City University of New York
New York, NY • Private
In-State Tuition
$7,262
Cost of Attendance
14,046
2. SUNY Farmingdale
Farmingdale, NY • Private
In-State Tuition
$8,306
Cost of Attendance
16,091
U
3. USF Sarasota-Manatee
Sarasota, FL • Private
In-State Tuition
$5,587
Cost of Attendance
13,043
4. Brooklyn College of the City University of New York
Brooklyn, NY • Private
In-State Tuition
$7,240
Cost of Attendance
13,991
5. California State University - Dominguez Hills
Carson, CA • Private
In-State Tuition
$6,942
Cost of Attendance
14,469
Top 10 hardest universities to get into for mortgage consultants
The hardest universities for mortgage consultants to get into are Northwestern University, University of Pennsylvania, and Stanford University.
Some great schools for mortgage consultants are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for mortgage consultants based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.
1. Northwestern University
Evanston, IL • Private
Admissions Rate
8%
SAT Average
1,508
2. University of Pennsylvania
Philadelphia, PA • Private
Admissions Rate
8%
SAT Average
1,492
3. Stanford University
Stanford, CA • Private
Admissions Rate
4%
SAT Average
1,497
4. University of Southern California
Los Angeles, CA • Private
Admissions Rate
13%
SAT Average
1,445
5. Boston University
Boston, MA • Private
Admissions Rate
22%
SAT Average
1,420
Top 10 easy-to-apply-to universities for mortgage consultants
The easiest schools for mortgage consultants to get into are Oklahoma Wesleyan University, holy names university, and barry university.
Some schools are much easier to get into. If you want to start your career as a mortgage consultant without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for mortgage consultants.
1. Oklahoma Wesleyan University
Bartlesville, OK • Private
Admissions Rate
68%
SAT Average
964
2. Holy Names University
Oakland, CA • Private
Admissions Rate
70%
SAT Average
849
3. Barry University
Miami, FL • Private
Admissions Rate
91%
SAT Average
1,006
4. Notre Dame College
Cleveland, OH • Private
Admissions Rate
90%
SAT Average
994
5. University of North Texas at Dallas
Dallas, TX • Private
Admissions Rate
83%
SAT Average
992
Average mortgage consultant salary by education level
| Mortgage Consultant education level | Mortgage Consultant salary |
|---|---|
| Master's Degree | $49,938 |
| High School Diploma or Less | $38,145 |
| Bachelor's Degree | $44,878 |
| Some College/ Associate Degree | $38,566 |
Mortgage Consultant Education FAQs
Have more questions? See all answers to common business and financial questions.
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Updated January 8, 2025
Updated January 8, 2025