CeMAP Certificate in Mortgage Advice (Modules 1, 2 & 3) - Virtual Classroom

CeMAP Module 1 (previously known as CeMAP 1) is your starting point in your journey, enabling you to develop the knowledge and expertise of the financial services industry. This module comprises two units: 

• Unit 1:  Introduction to financial services environment and products (ITFS)

• Unit 2: UK Financial services and regulation (UKFS)

CeMAP Module 2 focuses on helping you understand mortgage products in the finance service industry. This module comprises four units:

• Unit 3: Mortgage law, policy practice and markets (MLPP)

• Unit 4: Mortgage applications (MAPP)

• Unit 5: Mortgage-related protection products (MRPP)

• Unit 6: Mortgage payments Methods and Post-Completion Issues (MPMC)

Finally, CeMAP Module 3 focuses on applying the knowledge gained from the previous two modules in real-life scenarios. This module only consists of one unit: Assessment of mortgage advice knowledge.

Our course provides comprehensive support to help you master all three modules and pass all your exams.

CeMAP Module 1, Unit 1: Introduction to Financial Services Environment and Products (ITFS)

Unit 1 of CeMAP 1 introduces you to the UK's financial services industry and the key participants in the sector. In this unit, you'll familiarise yourself with the financial assets and product types available in the market. You'll also learn the areas and the processes of giving financial advice.

Some of the expected learning outcomes for this unit are:

• The purpose and structure of the UK financial regulation and services industry, financial assets and financial products and services.

• Financial advice and key considerations and concepts.

• The main financial asset classes and their characteristics.

• How the UK economy affects personal financial plans and circumstances.

CeMAP Module 1, Unit 2: UK Financial Services and Regulation (UKFS)

Unit 2 of CeMAP 1 outlines the UK financial regulation. Starting with the Financial Conduct Authority, you'll learn the various legislations and frameworks that govern or regulate the UK financial services industry.

Some of the expected learning outcomes for this unit are:

• The FCA, oversight groups and legislation regulations, and the impact these have on firms.

• Comply with the regulator and explain how this affects the operations of firms.

• Anti-Money Laundering regulations.

• UK financial services regulation.

• Dealing with complaints and the Information Commissioner's Office (ICO) role.

CeMAP Module 2, Unit 3: Mortgage Law, Policy Practice and Markets (MLPP)

CeMAP 2's Unit 3 provides an overview of the mortgage laws and policies within the industry. You'll also learn the legislations and policy practices that go into mortgage lending and integrate economic context in giving mortgage advice.

Some of the expected learning outcomes for this unit are:

• The house-buying process includes auctions and types of mortgage contracts.

• Different borrower types and circumstances and what disqualifies a borrower.

• MCOB rules and mortgage legislation.

• The economic and regulatory context for giving mortgage advice.

CeMAP Module 2, Unit 4: Mortgage Applications (MAPP)

Unit 4 delves further into the role of Mortgage advisers in processing mortgage applications. In this unit, you'll learn the methods of property valuation and the factors that affect its value. You'll also learn about mortgage fees, including arrangement and valuation fees, and the different types of additional security lenders may require, such as guarantors or second charges.

Some of the expected learning outcomes for this unit are:

• The principles of advice result in a fair outcome for the customer.

• Fees, charges and different layers of security.

• Property conditions and how these affect the mortgages on offer, what factors will affect a property's value, and the different forms of valuations and surveys.

CeMAP Module 2, Unit 5: Mortgage-Related Protection Products (MRPP)

Unit 5 of CeMAP 2 trains you on the financial protection products available when involving mortgages. From insurance products to protection policies, you'll understand the features of these financial products and advise clients on the suitability of these products based on their circumstances.

Some of the expected learning outcomes for this unit are:

• Financial protection planning and its main sources.

• How insurance products protect consumers, life assurance and income protection, and how to meet customer needs.

• Understand the needs and priorities in selecting appropriate financial protection solutions.

CeMAP Module 2, Unit 6: Mortgage Payments Methods and Post-Completion Issues (MPMC)

CeMAP Unit 6 focuses on procedures after completing the mortgage payments and the possible issues arising. You'll also learn the Mortgage Advisor's role in resolving mortgage concerns.

Some of the expected learning outcomes for this unit are:

• The principles of raising additional money, transferring and amending mortgages, and the implications of consolidating debt appropriately within a mortgage.

• The breaches of the Mortgage Deed and remedies available to lenders regarding non-payment from borrowers.

• The structure and features of different types of mortgages.

CeMAP Module 3, Unit 7: Assessment of Mortgage Advice Knowledge (ASSM)

Unit 7 of CeMAP 3 assesses your understanding of the fundamental principles in the UK financial services industry. In this unit, you'll learn how to apply the UK financial services regulation and the various mortgage principles and concepts to real-life scenarios and case studies.

Some of the expected learning outcomes for this unit are:

• Analyse the key features of different mortgage solutions and their suitability for different customer's circumstances.

• Analyse the key features of different forms of property purchase and specialist mortgage lending and their suitability for various customer's circumstances.

• Apply the rules and regulations governing mortgage lending, mortgage advice and the sale of associated mortgage protection arrangements.

• Apply the principles of ethical and sustainable advice to suit customers' circumstances.

Format

CeMAP Module 1 has two objective tests in a 50-item multiple-choice format for each unit.

For module 2, the assessment has an objective test in a 100-item multiple-choice format. Here's a breakdown of the multiple-choice questions for each unit:

• Unit 3: Mortgage Law, Policy Practice and Markets (MLPP) - 25 questions.

• Unit 4: Mortgage Applications (MAPP) - 25 questions.

• Unit 5: Mortgage-Related Protection Products (MRPP) - 20 questions.

• Unit 6: Mortgage Payments Methods and Post-Completion Issues (MPMC) - 30 questions.

Finally, the Module 3 exam will contain six case studies, each with 10 linked multiple-choice questions. These exams cover the units and course materials learned through the module, which you must pass before achieving your CeMAP designation.

• Exams: Available via Walbrook (additional cost)

Duration

Below are the exam durations for each assessment of this course package:

• Module 1 – UK Financial Regulation (UKFR): 2 hours.

• Module 2 – Mortgages (MORT): 2 hours

• Module 3 – Assessment of Mortgage Advice Knowledge (ASSM): 2 hours

Availability

All exams can be taken in the comfort of your home via remote invigilation or at one of the 150 Pearson VUE centres nationwide. We'll provide you with all the support and resources you need to prepare for your exams.

You must also book your preferred examination date and pay your exam fees if you sit at a test venue. Exam fees may vary depending on location, so always shop for a venue that offers competitive rates.

Additional benefits 

Here are the additional benefits that you can get from our CeMAP course:

• Professional credibility: Receive your CeMAP qualification upon completing all three modules to showcase your expertise in mortgage products to employers within the UK financial service industry.

• High exam pass rates: We are one of the UK's leading providers of CeMAP training, with an average pass success rate of 93%.

• Tutor-led virtual classrooms: Participate in engaging live classroom sessions led by mortgage experts in the industry.

• Exam Pass Guarantee: We will provide ongoing support and allow you to retake the same training course until you achieve certification.

• 9-day classroom duration: This focused, structured 9-day training programme will help you comprehensively understand the topics and concepts.

• Mock exams: Be prepared for your CeMAP exams with our mock exams to help you simulate and get a feel of the actual examinations.

• CeMAP digital courseware: Follow along with the lecture as you'll receive our comprehensive CeMAP course material that will be used in the virtual classroom sessions.

• Interest-free payment options: Our interest-free payment options make your education more accessible so you can study the course and start your learning journey without worries.

• TOTUM Pro Card: Shop with discounts using TOTUM Pro Card, which offers discounts in selected stores and websites.

Here are the additional benefits that you can get from our CeMAP course:

• Professional credibility: Receive your CeMAP qualification upon completing all three modules to showcase your expertise in mortgage products to employers within the UK financial service industry.

• High exam pass rates: We are one of the UK's leading providers of CeMAP training, with an average pass success rate of 93%.

• Tutor-led virtual classrooms: Participate in engaging live classroom sessions led by mortgage experts in the industry.

• Exam Pass Guarantee: We will provide ongoing support and allow you to retake the same training course until you achieve certification.

• 9-day classroom duration: This focused, structured 9-day training programme will help you comprehensively understand the topics and concepts.

• Mock exams: Be prepared for your CeMAP exams with our mock exams to help you simulate and get a feel of the actual examinations.

• CeMAP digital courseware: Follow along with the lecture as you'll receive our comprehensive CeMAP course material that will be used in the virtual classroom sessions.

• Interest-free payment options: Our interest-free payment options make your education more accessible so you can study the course and start your learning journey without worries.

• TOTUM Pro Card: Shop with discounts using TOTUM Pro Card, which offers discounts in selected stores and websites.

What does a Mortgage Advisor do?

A Mortgage Advisor, also known as a Mortgage Broker in some areas, is a financial professional who helps you navigate the process of securing a mortgage. Some of the key responsibilities include:

• Helping clients assess their financial situation.

• Suggesting the most suitable mortgage for their needs.

• Searching the market to find deals that match their client's criteria.

• Negotiating with lenders.

• Guiding them through the mortgage process.

• Pre-qualification and application assistance.

Is it worth becoming a Mortgage Advisor in the UK?

Becoming a Mortgage Advisor in the UK is a rewarding career in the finance industry. Mortgage Advisors command a starting salary of £40,000, which can grow up to £75,000 once you've obtained a senior position. Moreover, becoming a Mortgage Advisor is an exciting career as your job will require you to meet new people, build relationships, and help them solve their financial concerns.

Is it worth doing CeMAP?

The Certificate in Mortgage Advice and Practice is worth studying because of the essential skills you'll gain from the qualification. You'll also gain professional recognition that boosts your employability and opens various job opportunities within the industry.

Is the CeMAP course valid in Scotland?

CeMAP is a widely recognised mortgage qualification that can be studied and practised in England, Wales and Scotland. While this course is based on the England and Wales syllabus, the Scottish regulatory framework for mortgage law is closely aligned with the English framework.

Therefore, you can complete this CeMAP course and apply for a Scottish Mortgage Adviser's license without retaking any modules. 

To ensure that you meet the requirements for practising as a professional Mortgage Adviser in Scotland, you should inform the Walbrook Institute London! that you are a Scottish student when you register for the CeMAP course.

The LIBF will then ensure you receive the correct course materials and guide you through applying for a Scottish Mortgage Adviser's license.

What is CeMAP equivalent to?

Gaining the CeMAP qualification is equivalent to A-Levels or Level 3 qualifications or equivalent. Earning the qualification means demonstrating in-depth knowledge, skills, and commitment to Mortgage Advice.

Is it easy to pass CeMAP?

CeMAP may have challenging assessments and case study examinations, but with the right support and resources, you can pass all exams and continue working towards the Certificate in Mortgage Advice and Practice.

At e-Careers, our comprehensive CeMAP course training will provide you with all the support you need for this level.

What is the exam pass guarantee?

Our Virtual Classroom training has resulted in higher pass rates, assuring us to offer an Exam Pass Guarantee. Rest assured, we are committed to supporting you until you achieve certification.

With our Exam Pass Guarantee, if you do not pass the exam after completing this training course with us, you will be eligible to retake the same training free of charge.

We kindly ask that you:

• Attend all class days and complete all assignments

• Take the exam within 30 days of finishing your Virtual Classroom training

• Submit your request for course re-enrolment within 30 days of an unsuccessful exam attempt

*Please note that students retaking the course must utilise any materials or books distributed during their initial session. Failure to do so may result in charges for replacement materials.

*The Exam Pass Guarantee does not cover exam fees, which must be purchased separately.

What happens after CeMAP?

Upon completing Modules 1, 2, & 3 of CeMAP, you'll be awarded the certification by the LIBF, which will be your license to practice your profession in the financial services industry. You can also take the Certificate in Regulated Equity Release qualification, which you can use to specialise in providing advice in equity releases.

What jobs can I apply for after obtaining my CeMAP qualification?

Once you have completed the full courses and necessary exams, you can start your own mortgage brokerage business or apply for jobs in the sector.

Some of these positions include:

Qualified Mortgage Adviser

Qualified Mortgage Advisers evaluate clients' financial situations, recommend suitable mortgage products, and guide them through the application process. The entry-level salary for a Mortgage Adviser is £40,000 but can go as high as £75,000, and be entitled to commissions for experienced professionals.

Mortgage Underwriter

Mortgage Underwriters analyse loan applications, evaluate risks, and determine if applicants meet mortgage approval requirements. The average salary for a Mortgage Underwriter is £30,000.

Mortgage Administrator

Mortgage Administration roles involve supporting the mortgage process by completing paperwork accurately, establishing mortgage payment methods, and coordinating with clients and lenders. The average salary for this position is £24,000.

Mortgage Sales Manager

A Mortgage Sales Manager or Mortgage Relationship Manager is responsible for developing and maintaining relationships with clients, Mortgage Brokers, and other stakeholders. The annual salary for Mortgage Sales Managers is £56,000.

Mortgage Compliance Officer

Mortgage Compliance Officers ensure that mortgage-related activities within an organisation comply with regulations and industry standards. Their annual salary is £35,000.