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

Module 1 is your starting point in your CeMAP journey, enabling you to develop the knowledge and expertise of the financial services industry. The CeMAP 1 course comprises two units: 

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

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

Module 2 of your CeMAP journey focuses on understanding mortgage products in the finance service industry. The CeMAP 2 course 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)

Meanwhile, 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:

Unit 7: Assessment of Mortgage Advice Knowledge.

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

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.

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.

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 UK. 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.

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.

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.

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.

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

Unit 7 of CeMAP 3 assesses your understanding of the key 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 modules' exams can be taken in the comforts of your home via remote invigilation or at one of the 150 Pearson VUE centres across the country. 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.

Our CeMAP training package is a complete course designed for those who want to earn a living by providing mortgage advice to customers and clients. If you want to complete all modules of CeMAP from start to finish, this course package is for you!

This CeMAP module has no formal entry requirements and is beginner-friendly for those who want to start a Mortgage Advisor career or change careers.

To study the Certificate in Mortgage Advice and Practice complete training package, we recommend that you:

• Are at least 16 years old (or have the consent of a parent or guardian).

• Have a solid understanding of the English language.

• Have basic numerical skills.

• Have access to a PC or laptop (This course is compatible with both Mac and Windows).

• Have access to a secure internet connection.

Here are the benefits that you can get from our courses at e-Careers:

• Mortgage advice and practice credibility: Achieve your CeMAP qualification upon completing all three modules. This will be your key to securing a job or starting a brokerage business in the UK mortgage market.

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

• All-in-one eLearning platform: Access our eLearning platform, which integrates the complete CeMAP Modules, resources, and learning materials and contains all the support you need to finish your training.

• Tutor support from Mortgage Professionals: Request unlimited support from Mortgage Experts with years of experience who will answer your queries and clarifications within 24-48 hours.

• Multimedia course content: Master the lessons in various formats consisting of engaging slides, videos, animations, and more that you can find on our eLearning platform.

• Flexible learning: Get 6 months of access to each CeMAP course so you can study flexibly at your own pace.

• 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 Walbrook Institute London! 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.

How to prepare for CeMAP?

The first thing you need to prepare for CeMAP is understanding the programme. Familiarise yourself with the three modules of the programme and the units covered in each. Then, you should create a realistic study schedule that allocates sufficient time for each module.

Break down the syllabus into smaller, manageable chunks and prioritise topics based on their weight in the exam. Take notes, highlight key points, and actively engage with the content. It would also help to pay close attention to the Financial Conduct Authority's (FCA) guidelines and ensure your study materials cover the relevant regulations.

Finally, various resources are available to help you prepare, including online courses, revision guides, and practice exams. e-Careers will provide you with all the support and resources you need to prepare for your exams. (See Additional Benefits tab)

How long does it take to complete this CeMAP module? 

The course completion for CeMAP Modules depends on various factors, such as the preferred learning style, prior knowledge in the industry, and the amount of time you can dedicate to studying each week. We offer flexibility on the course to allow our students to study at their own pace.

Our students typically complete all three units in under six months, but we will give you full access to the course for six months.

What happens after CeMAP?

Upon completing Modules 1, 2, & 3 of CeMAP, you'll be awarded your CeMAP certification, 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+, with commission 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.