For those aspiring to become CeMAP (Certificate in Mortgage Advice and Practice) trained mortgage advisers, it important to remember that many existing mortgage advisers are approaching retirement age, and therefore the chances for those embarking on CeMAP training now are bright. If you have decided to become CeMAP professional, it is essential to undergo complete and detailed CeMAP training and not be in a hurry to join some of the so called crash courses now being offered. It is imperative for your long-term livelihood that your training is comprehensive and that you do not just finish up with a piece of paper that says you are qualified but with no worthwhile knowledge.
The appropriate CeMAP courses are comprehensive, tutor supported, home study courses where you can learn at your own pace but study all relevant matter comprehensively. If you are looking to start a job in Financial Services as a mortgage counselor - you will not require any academic qualifications to begin to study for the CeMAP exams.
To obtain the CeMAP qualification, you must pass the examinations in each of the three CeMAP modules.
CeMAP Module 1 - Financial Regulation
CeMAP Module 2 - Mortgages
CeMAP Module 3 - An assessment of mortgage advice knowledge.
The most successful way to pass these exams is to study at your own pace to ensure that you fully learn the information. The Herne Group will provide you the required knowledge, mock exam questions and the technique of getting through the exams.
The mortgage field is a recession resistant business, as people tend to borrow for cars, holidays, home improvements and many other things. Then, when consumer spending has peaked and the economy slows down, many people experience difficulty repaying their loans and meeting their other financial commitments. In such circumstances, it is often necessary for them to consolidate their debts into one lower monthly repayment by re-mortgaging. Re-mortgaging clients, debt consolidation, raising capital for home improvements, financing the purchase of holiday homes will all be your area of expertise. The best mortgage advisers amongst us are well trained and knowledgeable and have all the skills on board to make the difference. The income of a mortgage adviser can provide a very comfortable standard of living.