An introduction to cemap qualification
If you desire to become one of those recognized mortgage advisors in United Kingdom, you must have cemap training and qualifications. Officially the qualification is known as the Mortgage Advices and Practices certificate known as CeMAP in short.
The authority to recognize you as the mortgage adviser is the Financial Services Agency or FSA. They require that you have a cemap certificate to be qualified for such recognitions.
Obvious fact is that you will have to join some cemap training courses to become ceMAP qualified. The FSA conducts three mandatory examinations on such courses and you have to pass them out to be recognized as the mortgage advisor.
Most of the cemap courses are divided amongst the three basic modules. Each of these modules is related to one of the mandatory examination papers. The three approved modules are –
- Financial regulations that are prevailing in UK;
- Mortgages and all about them;
- A perfect assessment of the mortgage advice knowledge.
The pass mark is as high as 70% and when you select a cemap training company to join a training module you must be careful to select one that would impart quality training.
Once a person obtains the ceMAP training certificate, he or she is entitled to use these letters with name. That will mean that they are recognized mortgage advisor. That is why most of the cemap training companies make it a point to mention in their offer that they will help you complete the cemap exam successfully with their training.