Are you considering becoming a Mortgage Broker? Here is some information to help point you in the right direction:
Job Description -
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The job of a mortgage broker involves searching the market to find and
recommend mortgage and non regulated products to a variety of clients.
Many mortgage broker vacancies will require you to have a minimum qualificaton of CeMap 1 and 2 with a view to taking CeMap 3.
The Certificate in Mortgage Advice and Practice is a qualification offered by the Institute of Financial Services (IFS), through its parent body The Chartered Institute of Bankers (CIB). The CeMAP qualification has been developed with the co-operation of the Council of Mortgage Lenders (CML). It is designed to meet the needs of those who are following the standards of good practice defined in the CML’s Code of Mortgage Lending Practice. CeMAP is accredited by the Qualifications and Curriculum Authority (QCA) and incorporated in to the National Qualifications Framework at level three.
CeMAP comprises three modules. Modules 1 and 2 both have defined learning outcomes designed to give candidates the knowledge and understanding they require to operate as mortgage advisers. Module 3 consists of objectivity-tested questions and is designed to test candidates’ ability to apply the knowledge gained from Modules 1 and 2.
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