If you’re interested in becoming a mortgage adviser, there are a few things you’ll need to think about before you make this career move.
Firstly, you’ll need to make sure that you’ve had the relevant training and that you’re suitably qualified. If not, you won’t be able to practice in this field. One way of doing this is to enrol on a Certificate in Mortgage Advice and Practice (CeMAP) course.
In this blog, we take a look at everything you need to know about this training programme.
What is it?
CeMAP is a Level 3 qualification which is recognised by the financial regulatory body the Financial Conduct Authority. It enables a person to legally practice and work as a mortgage adviser. It is often considered to be the most popular qualification in the financial services industry. In fact, 80 per cent of mortgage advisers have this certification.
Who is it for?
CeMAP is an option for those who want to become a mortgage adviser. It’s available to people who are aged 17 and over and have a good level of English and maths. You don’t need to have a particular qualification, such as a degree, in order to do this programme. However, it is recommended that you have an interest in the finance sector. It’s also important that you have access to a computer and a reliable internet connection for the duration of the course.
What will I learn?
Generally speaking, this programme provides students with the knowledge and skills needed to provide mortgage advice to consumers. It consists of seven units that are assessed over three modules, each of which explores a wide range of topics, from the mortgage application process to payment methods and post completion issues. There is also a multiple choice exam at the end of each module.
How long does it take?
You could expect to achieve your CeMAP qualification within 12 months. However, you may have the option of enrolling on a fast track course to complete it in a much shorter time frame. For example, some training providers offer CeMAP courses that can be completed within as little as 10 days, covering the same syllabus and topics. This could be an option for you if you’re keen to get your career started sooner rather than later.
If you think that obtaining a CeMAP qualification is the right path for you to go down, it’s important that you’re clued up. To find out more about this certification, you could carry out your own research online.
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