The Certificate in Mortgage Advice and Practice (CeMAP) is a special QCF Level 3 UK qualification for mortgage advisors offered by The London Institute of Banking & amp; Finance) that meets the standards required by the Financial Conduct Authority to practice as a 'licensed' adviser - 80% of qualified British advisers.
Video Certificate in Mortgage Advice and Practice
CeMAP qualification process
Qualification consists of seven compulsory units studied and assessed in the following three modules:
Module 1
- Unit 1 - Introduction to the Environment and Financial Services Products
- Unit 2 - British Financial Services and Regulations
Module 2
- Unit 3 - Law, Policy, Practice, and Mortgage Market
- Unit 4 - Mortgage Application
- Unit 5 - Mortgage and Product Payment Methods
- Unit 6 - Mortgage and Post-Settlement Problems
Module 3
- Unit 7 - Assessment of Mortgage Advice and Knowledge
Maps Certificate in Mortgage Advice and Practice
Higher level qualification
The London Institute of Banking & amp; Finance offers CeMAP CeMAP higher-level CeMAP holders and existing mortgage advisory certificates in the Approved Equity Arrangement (CeRER), Regulated Complaint Arrangement (CeRCH) and Regulated General Insurance (CeRGI).
References
Source of the article : Wikipedia