Professional Mortgage Adviser Package - CeMAP (Modules 1, 2 & 3) & CeRER - Virtual Classroom

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)

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.

Meanwhile, CeRER or Module 4 trains you on equity release advice by helping you familiarise yourself with equity release products, lifetime mortgages, and home reversion plans. The CeRER course comprises two units:

• Unit 8: Fundamentals of Equity Release

• Unit 9: Equity Release Solutions

Our course provides comprehensive support to help you master these two mortgage courses and pass all your exams.

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.

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.

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.

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.

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.

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.

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 sector. 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.

Unit 8: Fundamentals of Equity Release

Unit 8 of CeRER lays down the foundational knowledge on equity release products, lifetime mortgages, and home reversion plans. In this unit, you'll gain an understanding of the different types of equity release products available in the market and the types of clients that are appropriate to avail them.

CeRER Unit 9: Equity Release Solutions

Unit 9 of CeRER trains you on how to apply equity release solutions to meet your client's needs. In this unit, you'll learn how to conduct client assessments to determine your client's eligibility and structure appropriate equity release schemes for them.

Format

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

For CeMAP 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.

In CeMAP Module 3, the 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.

For CeRER, Unit 8 has a 50-item objective exam in a multiple-choice format. Meanwhile, Unit 9 contains three case studies, each with 10 linked multiple-choice questions. These exams cover the units and course materials learned in the course, which you must pass before earning your CeRER designation.

Duration

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

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

• CeMAP Module 2 – Mortgages (MORT): 2 hours

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

• CeRER Module 4 - Equity Release (EQRL): 2 hours

Availability

All exams from both modules are available via the awarding body. These 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. (See Additional Benefits tab)

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.

The Professional Mortgage Advisor classroom package is a complete course designed to help start and fast-track the careers of those aspiring to be expert mortgage practitioners. This Mortgage course package has no formal entry requirements, so you can enrol in this course even if you're a beginner in mortgage products and equity release solutions.

To study the Professional Mortgage Advisor 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.

Most comprehensive course training at the most affordable price.

High Exam Pass Rates: We are one of the UK's leading CeMAP and CeRER training providers.

Mortgage Adviser Qualifications: Receive the CeMAP and CeRER qualifications after passing your exams, allowing you to legally provide equity release advice in the UK financial service industry.

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.

11-Day Classroom Duration: In this focused and structured 11-day training programme, you will comprehensively understand the topics and concepts.

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

CeRER and CeMAP digital courseware: Receive comprehensive digital course materials for both qualifications that you will use as you sit in the virtual classroom sessions.

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

Network with Peers: Connect with other professionals enrolled in the course and expand your professional network within the mortgage industry.

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

Is it worth becoming a Mortgage Advisor in the UK?

Becoming a Mortgage Advisor in the UK is a rewarding career to have in the industry. Mortgage Advisors command a starting salary of £40,000, which can grow up to £70,000 once you've obtained a senior position. Moreover, becoming a Mortgage Advisor or an Equity Release Specialist is an exciting career as your job will require you to meet new people, build relationships, and help them solve their financial concerns.

Are the CeMAP and CeRER courses valid in Scotland?

CeMAP and CeRER are widely recognised mortgage qualifications 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 the CeMAP and CeRER courses 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 London Institute of Banking & Finance (LIBF) that you are a Scottish student when you register for the CeMAP or CeRER 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 are CeMAP and CeRER equivalent to?

Gaining the Certificate in Mortgage Advice Practice and Certificate in Regulated Equity Release qualifications are equivalent to A-Levels or Level 3 qualifications or equivalent. Both qualifications mean demonstrating in-depth knowledge, skills, and commitment to providing mortgage advice.

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 jobs can I apply for after obtaining my CeMAP qualification?

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

Some of these positions include:

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.

Qualified Mortgage Adviser

Qualified Mortgage Advisers evaluate clients' financial situations, recommend suitable mortgage products, and guide them through the application process. With a specialisation in equity release, their salary can go as high as £50,000, and be entitled to commissions for experienced professionals.

Equity Release Adviser

Equity release advisers specialise in recommending suitable equity release solutions for their client's financial needs. The average salary for an equity release adviser is £55,000.