The CeMAP exams are tough and challenging as you need to learn the course content and pass the exams obtaining 70%. For the CeMAP training, there are no prescribed minimum qualifications. As such, the best CeMAP courses are the multimedia home study courses that are designed for individuals who are new to the mortgage industry and as a consequence they teach the course content in full with a range of mock exams, and they also supply full CeMAP revision notes.
The advantage of this type of comprehensive learning system is that not only are you learning the course content but the exam techniques as well. Being able to identify your strengths and weaknesses as you proceed with the training, it is easy to identify the areas that require extra tuition.
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. There are plenty of firms offering CeMAP training, but the vast majority of them do not offer comprehensive home study courses.
When comparing CeMAP training with other promising career options, the market growth is a very important factor in deciding whether CeMAP training is appropriate for you. In relation to most other business opportunities, CeMAP training provides you the gateway to a line of business which has a secure future in the long term.
CeMAP training courses produce people who can work as a full advice mortgage broker, because mortgage conformity and insurance training are all obtainable as the first steps to becoming a mortgage adviser. To obtain the CeMAP qualification, you must pass the examinations in each of the three CeMAP modules.
CeMAP Paper1: UK Financial Regulation: - Introduction to the Financial Services Environment and Products- Financial Services and Regulation.
The exam is computer based and consists of 50 multiple choice questions on each unit totalling 100 marks. You must answer 35 from each unit correctly to get a pass, 40 from each unit to get a merit and 45 from each unit to get a distinction. The exam is of two hours duration.
CeMAP 2: Mortgages (containing 4 units) - Mortgage Law, policy, Practice and Markets.- Mortgage applications;- Mortgage payments methods;- Mortgage arrears and post completion issues.
The examination is computer based and consists of 25 multiple choice questions on each unit (100 in total). You must answer 17 from each unit correctly to get a pass, 20 from each unit to get a merit and 22 from each unit to get a distinction. The exam is of two hours duration.
CeMAP 3: Assessment of Mortgage advice knowledge
The aim of this paper is to enable you to acquire the ability to analyze consumer circumstances and advise on suitable mortgage solutions, taking into account the existing arrangements. The exam is computer based and consists of 60 multiple choice questions based on 6 case studies. You must answer 42 correctly to get a pass, 48 to get a merit and 54 to get a distinction.
The advantage of this type of comprehensive learning system is that not only are you learning the course content but the exam techniques as well. Being able to identify your strengths and weaknesses as you proceed with the training, it is easy to identify the areas that require extra tuition.
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. There are plenty of firms offering CeMAP training, but the vast majority of them do not offer comprehensive home study courses.
When comparing CeMAP training with other promising career options, the market growth is a very important factor in deciding whether CeMAP training is appropriate for you. In relation to most other business opportunities, CeMAP training provides you the gateway to a line of business which has a secure future in the long term.
CeMAP training courses produce people who can work as a full advice mortgage broker, because mortgage conformity and insurance training are all obtainable as the first steps to becoming a mortgage adviser. To obtain the CeMAP qualification, you must pass the examinations in each of the three CeMAP modules.
CeMAP Paper1: UK Financial Regulation: - Introduction to the Financial Services Environment and Products- Financial Services and Regulation.
The exam is computer based and consists of 50 multiple choice questions on each unit totalling 100 marks. You must answer 35 from each unit correctly to get a pass, 40 from each unit to get a merit and 45 from each unit to get a distinction. The exam is of two hours duration.
CeMAP 2: Mortgages (containing 4 units) - Mortgage Law, policy, Practice and Markets.- Mortgage applications;- Mortgage payments methods;- Mortgage arrears and post completion issues.
The examination is computer based and consists of 25 multiple choice questions on each unit (100 in total). You must answer 17 from each unit correctly to get a pass, 20 from each unit to get a merit and 22 from each unit to get a distinction. The exam is of two hours duration.
CeMAP 3: Assessment of Mortgage advice knowledge
The aim of this paper is to enable you to acquire the ability to analyze consumer circumstances and advise on suitable mortgage solutions, taking into account the existing arrangements. The exam is computer based and consists of 60 multiple choice questions based on 6 case studies. You must answer 42 correctly to get a pass, 48 to get a merit and 54 to get a distinction.