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CeMAP training – essential for a career as a mortgage adviser

Mortgage advisers help people with probably the most valuable purchase of their lives – their home. As well as being an interesting career, mortgage advisers can earn attractive salaries, but first, they must pass the CeMAP training exams.

What is CeMAP?

CeMAP is an acronym for Certificate of Mortgage Advice and Practice. The Qualifications and Curriculum Authority regulates all CeMAP training to ensure that all courses are professional and of a high standard.

What do CeMAP students study?

There are two main content areas of a CeMAP course. Mortgages, like all financial products, are heavily regulated and there are a number of laws that control them. CeMAP training provides the student with an extensive knowledge of financial law that covers mortgages, pensions, savings and investments.

The second area that CeMAP training covers is knowledge of mortgage products. This includes the wide range of mortgage types that are available, as well as prepayments issues and post-completion concerns that could arise after a house purchase has been completed.

After CeMAP

Mortgage advisers that have passed the CeMAP exam will need to regularly revise their knowledge. The mortgage industry goes through changes, new government regulations come into force, and new financial products are launched. A mortgage adviser should revise their CeMAP knowledge to keep up to date with these changes.

The qualities of a mortgage adviser

After passing the CeMAP exams and becoming a mortgage adviser, the first meeting with a client is often face to face. Once the mortgage application process is under way, then further communication is usually by email and telephone. Communication with clients requires a high level of people skills.

Mortgage advisers need to be enthusiastic and motivated to help their clients to find the best mortgage deal for their dream home. Attention to detail is needed as any mistakes could have negative consequences, especially if an adviser gets their calculations wrong about repayments.

Mortgage borrowers are varied, so a mortgage adviser needs to be flexible to adapt their advice to their client’s particular circumstances.

Where to train

If the job of a mortgage adviser appeals to you, talk to us at Beacon Financial Training to learn about our CeMAP training options. You can train full or part time at one of our centres, or take a home study course. If you want to fast-track your studies, then a CeMAP intensive course may be the best option for you.

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