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Futuretrend Training Academy

Call Us on: 020 8443 2888
Accredited CeMAP Learning Support Provider for the LIBF

CeMAP 3®: Mortgages

CeMAP 3® overview

It is important that Candidates taking CeMAP 3 have a strong and recent knowledge of CeMAP 2; hence the reason why it is done straight after CeMAP 2. This allows us to focus our training so that you can pass the exam at the first attempt; Our approach is to provide in-depth training across the whole syllabus, focussing on the learning outcomes necessary to achieve examination success.

You will gain a thorough understanding of all the critical areas of CeMAP 2 and how to apply them to the case study tests in CeMAP 3.

Full CEMAP qualification specification
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Module Overview

Assessment of Mortgage Advice Knowledge syllabus (Module 3)

The final knowledge assessment module requires you to apply the knowledge and understanding of modules one and two, by applying suitable mortgage solutions within the regulatory and ethical framework.

This module requires you to:

This module requires you to:

  • Analyse consumers circumstances
  • Apply mortgage solutions
  • Identify consumers needs and make suitable recommendations
  • Understand the advice process, UK Finance industry and the different types of mortgage solutions

Exam delivered electronically

Examinations

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.

2 hours are allowed to complete the CeMAP 3 exam.

Students must achieve a minimum of 70% in each unit. If students don’t gain 70% in any unit/s within a module they will have to re-sit.

Pass

70%

Merit

80%

Distinction

90%

Entry Qualifications

Participation in the Certificate in Mortgage Advice and Practice programme does not have a requirement for any previous qualifications and is not subject to age restrictions. However in most cases to get employment people should be over 16 years of age.

The course stands alone or as part of a ten day program covering the whole CeMAP qualification. For details of the full CeMAP qualification please visit our main CeMAP web site at www.cemap123.co.uk

See our offers page for any special offers or contact us on 020 8443 2888 .

Please Note: You will need to register for the above examination through The London Institute of Banking & Finance. Please visit their website to see what the current exam fee is or give us a call /send an email to enquire. The LIBF fee includes your official LIBF learning materials, access to the course site and one attempt at the exam.

Learner Testimonials

You do not need a mortgage or financial background to take our CeMAP® courses. Regardless of whether you have been a Banker for 18 years or an 18 year old who has recently chosen mortgage broking as a career path, when you come to our Centre you leave what you think you know at the door and allow us to guide you on how to get through this exam successfully. We will take you step by step and provide you the training you need to pass CeMAP® . Over the duration of the course the tutor will support you fully taking you through all the sections of the vast ifs syllabus.

CeMAP® has long been recognised as the leading qualification in the financial services industry, with 80% of mortgage advisors having achieved the certificate. It is truly considered throughout the UK to be the industry benchmark qualification. You must have CeMAP or an equivalent qualification to be able to give any type of mortgage advice.

Those in the industry feel that being a mortgage advisor is a rewarding and valued career with the opportunity to help people with what might be one of the most important aspects of their lives. Obtaining Property. It’s a career that you can progress through with great salary prospects that increase with experience.

Despite recent challenges such as the Pandemic, War in Ukraine, Cost of living crisis mortgage advice careers are still a very good choice in the current economic climate. The property market is still very buoyant and includes people looking to move home or release equity in their property. With the introduction of stricter regulation and tougher mortgage applications, there is a growing demand for qualified mortgage advisors to help borrowers understand their options and make the right choices.

Most mortgage brokers will charge a fee for their service in the region of £250, although this can vary as there is not a set guideline by the FCA of fees charge and is down to the Mortgage brokerage or mortgage advisor to set a price, however this must be made clear and upfront to the client. Most mortgage lenders will pay mortgage brokers a commission, or procuration fee, of about 0.3% - 1% of the loan size.

To become a mortgage adviser you must successfully complete the Certificate in Mortgage Advice and Practice (CeMAP) qualification. This Level 3 course is approved by the FCA and is sought by employers as the industry standard. CeMAP is split into 3 Modules, CeMAP 1: UK Financial Regulations, CeMAP 2: Mortgages and CeMAP 3: Assessment of Mortgage Advice.

Simple! the best way to do this is by calling them up on 01227 818609. Alternatively, go to www.libf.ac.uk

CeMAP qualification does not expire, so once you have completed your training course and passed all three module exams you will be fully qualified to advise your clients on mortgages and mortgage related products. However, you are required to evidence your Continuous Profession Development. This does not have to be a training course or requires any further exams. It can be just reading relevant articles, watching videos or listening to a podcast to show that you are staying up to date with any changes in the industry. The essence is to show you are providing clients with current and up to date advice.

No, our training fees do not include the exam registration, this payment can be made direct to The London Institute of Banking & Finance or you can register with them through us.

The price you are quoted is the price you pay with no hidden fees along the way.