Why study CeMAP at home?
If you want to enjoy a rewarding career within the mortgage industry it is essential to have the best possible training. To be able to pass on mortgage advice to the public it is essential to pass the CeMAP examination, Certification in Mortgage Advice & Practice. One of the easiest ways to get your certificate is to study CeMAP at home.
There are numerous considerations when choosing home studying and here we take a look at some of them.
Understanding the CeMAP qualification
CeMAP is the industry recognised qualification that is needed if you want to become a mortgage consultant in the United Kingdom. The examination consists of three different multiple choice examinations. You can choose which of the components to study first, not necessarily having to do them in order.
CeMAP 1 is basically an introduction to the regulations in the UK, along with financial products and services that are available. This part of the coursework is divided into two separate units with part one going over things such as mortgages and pensions, savings, investments and other products, while part two oversees the regulation of the industry by the FSA, data protection and other regulations.
CeMAP 2 is spilt over four different parts, continuing on from parts one and two, with part three relating to the law regarding mortgage, while part four takes you through the application of mortgages. Part five concerns repayments of the mortgage and other product and part six takes the student through the post completion issues.
CeMAP 3 consists of answering questions based on case studies and there are 60 questions in total.
Study at your own pace
When you choose to study CeMAP at home you are able to take studying into your own hands. You may choose to do a couple of the courses together, which may take around 10 to 14 days, or you could spread out the courses over weeks. This has the advantage of you not being pressured and having to juggle exams all at the same time, it’s up to you.
