What is the CeMAP Module 1, 2 & 3 Virtual Classroom training course?

It is a legal requirement for all Mortgage Advisors in the UK to have a recognised Mortgage Advice qualification, with the most widely recognised being CeMAP.

This CeMAP® qualification package includes Virtual Classroom training for CeMAP Module 1, 2 & 3, which will help you gain the essential knowledge to pass your CeMAP® exams and embark on a career as a UK Mortgage Advisor.

What will you learn during your training?

CeMAP® Module 1 explores the Financial Services Environment, product range, UK Financial Services regulation, Data Protection, the FCA regulation, and UK taxation.

CeMAP® Module 2 teaches you about the mortgage application process, and potential issues borrowers may face, as well as mortgage law.

CeMAP Module 3 will help you to apply all that you have learnt throughout Modules 1 and 2, into typical scenarios that you will encounter throughout your career as a Mortgage Advisor.

Who is the course suitable for?

If you are considering a career as a Mortgage Advisor, this course is a great option for you to study. When you have passed your CeMAP exams, you will gain your licence to practise as a Mortgage Advisor.

There are prerequisites to enrol onto this course, anyone can sign up to study for a CeMAP qualification.

Why choose to study this qualification with us

Besides being the leading provider of CeMAP training in the UK, we:

• Include access to our eLearning training course with this package
• Offer high-quality training experience with professional and accredited trainers
• Provide you with mock exams to prepare you for your exams
• Have an average pass success of 93%
• Provide you with Unlimited Tutor Support
• Offer Interest-free payment options

Typical Job Roles and Salaries

The average salary for a Mortgage Advisor in the UK is £30k per annum. When you add your OTE to that number, you will earn closer to £50k per annum.

Typical job roles include:

Private Banking Assistant – £33k

Relationship Support Assistant – £33k

Protection Advisor – £50k

Business Owner – Mortgage Advisor – £30-£55k+

(Source: Indeed)

Exam Details

The CeMAP® Module 1 exam is a 2-hour objective exam made up of 100 multiple-choice questions. It will test your knowledge on UK Financial Regulation (UKFR), including:

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

CeMAP® Module 2 is a 2-hour objective exam made up of 100 multiple-choice questions. CeMAP® Module 3 exam is also 2 hours long, comprising of 6 case studies, each with 10 linked multiple-choice questions.

The units you’ll cover during the CeMAP® Module 2 & 3 exam include:

• 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 Issues
• Unit 7 – Assessment of Mortgage Advice and Knowledge

Exams are registered with Ofqual, in the Regulated Qualifications Framework (RQF). The exam fee is £185 per module, and you can apply for your exam throughout the year and take it at a Pearson VUE centre.