CeMAP Mortgage Advisor (Level 3) - A Home Study Distance Learning Course

COURSE OVERVIEW

A distance learning course is the ideal way to gain a qualification in Mortgage Advisor. Whether you're looking to go on to further education, improve your job prospects or expand your knowledge, distance learning CeMAP Mortgage Advisor is a flexible and convenient course, which allows you to comprehensively prepare for a exam or career through home study. What's more, because the distance learning Level 3 CeMAP Mortgage Advisor course is a fully comprehensive course, no prior knowledge is required.

CeMAP which stands for Certificate in Mortgage Advice and Practice is the industry standard qualification held by mortgage advisors in the UK. It is the benchmark qualifications in the financial services industry.

Once you have completed this course you will be a fully qualified mortgage advisor and will be able to provide mortgage advice either as self-employed or on behalf of a lender, such as a high-street bank or building society.

On this course you will learn how to:

• Advise your clients on the house-purchase process;
• Evaluate your clients’ finances and explain different types of mortgage product to them;
• Provide help for customers so that they can complete mortgage applications;
• Sell related financial products, such as buildings insurance and payment protection.

Once qualified and working within the industry, you will typically be expected to meet sales targets, deal with valuers, estate agents and mortgage lenders, and keep up-to-date with mortgage products and any changes to financial law. Other points to consider are:

• Mortgage Advisors can earn in excess of £50,000 and receive generous salary packages.
• With the current trends of the housing market, it’s a lucrative time to become a CeMAP® qualified mortgage advisor.
• At present, the number of people qualified to give mortgage advice is only 25% of the actual demand for mortgage advisors, so employment prospects are very good once qualified.
• Mortgage Advisors need to be committed, willing to learn and must thrive on dealing with new clients and people on a daily basis.

This unique interactive CeMAP® online course is designed for people who are new to the mortgage industry and covers the whole CeMAP® Syllabus in an easy-to-understand manner.

Course Key Topics 6

CeMAP 1: UK Financial Regulations

Unit 1: Introduction to Financial Services Environment and Products
Unit 2: UK Financial Services and Regulation

CeMAP 2: Mortgages

Unit 3: Mortgage law, policy practice and markets
Unit 4: Mortgage Applications
Unit 5: Mortgage payment methods and products
Unit 6: Mortgage arrears and post completion

CeMAP 3: Assessment of Mortgage Advice Knowledge

• You will study specimen Case Study Papers and then take 3 CeMAP® assessments.
• Modules 1 and 2 are each assessed in a two-hour exam consisting of 100 multiple choice questions. Module three is assessed in a two hour exam, but is made up of 60 questions based on six case studies.

Course Assessments

The CeMAP® Mortgage advisor course requires you to pass 3 examinations, which you must organise and pay for yourself. Examinations can be taken in most towns and cities throughout the UK (at Pearson Vue Examination Centres) and are computer-based, meaning you will receive your results immediately.

Each exam has a minimum pass mark of 70% per unit. A mark of 80% or higher receives a merit and a mark of 90% or over receives a distinction. Should you fail a specific unit, you only have to re-sit the specific unit rather than the whole module.

Course Duration

We recommend you spend approximately 80 hours of your time studying for the CeMAP Mortgage Advisor course. The pace of study is completely up to you. To give an example, if you dedicate 2 hours a week to the course it would take you a year to complete but if you could spare 4 hours a week you could complete it in six months.

Get started today, and you can earn your Level 3 in CeMAP Mortgage Advisor in as little as six months, or take up to a year, if you prefer – the choice is yours.