Question 1

What qualifications do you need to become a mortgage advisor?

Accepted Answer

To become a Mortgage Advisor, you must complete a Certificate in Mortgage Advice and Practice (CeMAP). Read here for more info.

Question 2

What is a mortgage advisor course?

Accepted Answer

A mortgage advisor course trains individuals in mortgage products, financial regulations, client assessment, and advisory skills for home financing.

Question 3

Why study a finance course with Oxbridge?

Accepted Answer

At Oxbridge, our online finance courses cater to learners of all ages and abilities. Most of these courses don’t require formal entry requirements. The A-level Economics course is the only exception, requesting a GCSE qualification in economics or maths.
What’s more, all our courses are taught entirely online by highly experienced tutors, so you can work from home at a time and pace that suits you. So are you ready for a brand new, successful career?

Question 4

What qualification is CeMAP equivalent to?

Accepted Answer

CeMAP (Certificate in Mortgage Advice and Practice) is an RQF “Level 3 qualification”, awarded by the London Institute of Banking & Finance. This means CeMAP can also be attained by completing an alternative Level 3 mortgage qualification, followed by one additional module – Advanced Mortgage Advice (AMA).

Question 5

What’s the difference between a mortgage advisor and mortgage broker?

Accepted Answer

There’s essentially no difference between a mortgage advisor and a mortgage broker. While the specifics of the job descriptions may vary, the primary function of both mortgage advisors and mortgage brokers is the same – to find customers the right mortgage for their circumstances.

Question 6

How long does it take to gain a CeMAP qualification?

Accepted Answer

Students have up to 12 months to complete their studies and gain their CeMAP qualification, however certification is typically achieved in much less time, with the average CeMAP student at Oxbridge becoming a CeMAP certified mortgage advisor in approximately 4 months.

Question 7

What is CeMAP?

Accepted Answer

CeMAP stands for Certificate in Mortgage Advice and Practice. It’s a mortgage advisor qualification and certification that’s approved by the Financial Conduct Authority (FCA), and is widely requested by employers in the financial industry. In short, it’s the UK’s “industry standard” mortgage advisor qualification, and a must-have for those looking to enter the industry.

Question 8

What finance courses should I take?

Accepted Answer

That depends on your current training and where you want your career to take you. For example, if you don’t have any financial qualifications, we’d suggest studying an A-level in economics.
Once you’ve gained a solid foundation, you can progress onto more specialised courses.
One of our most popular finance-related courses is the CeMap mortgage advisor course, specifically designed for individuals entirely new to the mortgage industry. Upon completing the course, you’ll receive a ‘licence to practice’ thanks to the course’s FCA accreditation.
If you don’t quite know which course is right for you, speak to one of our learning advisers, who would be happy to help.

Question 9

How can I self-study to be a mortgage adviser?

Accepted Answer

There are multiple ways to gain a finance-related qualification; however, more and more people are drawn to self-study. This avenue gives you much more control over your learning. You don’t have to schedule your work and personal life around attending a brick and mortar school or be held back by others who aren’t picking things up as quickly as you.
The easiest way to self-study a finance course is to do it online. That way, you have 24-hour access to high-quality learning materials at any time or place and can schedule a virtual one-to-one whenever you require additional help or support.

Question 10

Is a career in finance for me?

Accepted Answer

If you’re blessed with the ability to analyse numbers, have high organisational skills and can often see the bigger picture where others fail, then a career in finance is for you.
Whether it’s planning for retirement or trying to budget and save for a new home, many people get frazzled when it comes to their finances. Put your skills and passion to good use for a rewarding career.

Question 11

Is the CeMAP exam hard?

Accepted Answer

The difficulty of a CeMAP exam depends on the individual taking it. If you dedicate enough time to revision and fully take on the relevant information, you can gain this qualification.

Question 12

Is CeMAP worth doing?

Accepted Answer

Absolutely – if you wish to pursue a career as a Mortgage Advisor, gaining a CeMAP qualification can equip you with the skills required.

Question 13

Is CeMAP equivalent to a degree?

Accepted Answer

The CeMAP Diploma is equivalent to a Level 4 qualification.

Question 14

How many times can you fail CeMAP?

Accepted Answer

There are no limits on the amount of attempts you can make to gain a CeMAP qualification. You will only have to resit the units you failed.

Question 15

How many hours do mortgage advisors work?

Accepted Answer

On average, Mortgage Advisors work between 35 and 40 hours per week. You may work from an office or work from the comfort of your own home.

Question 16

How long is the mortgage advisor course?

Accepted Answer

We offer a level 3 CeMAP Mortage Advisor Course that can be completed in one year.

Question 17

How long does it take to get a CeMAP?

Accepted Answer

On average, people take between 3 and 12 months to complete CeMAP.

Question 18

Does CeMAP expire?

Accepted Answer

A CeMAP qualification does not expire. Once you have completed your course you will have the qualification for life.

Question 19

Do you need to be good at maths to be a Mortgage Advisor?

Accepted Answer

You will need basic maths knowledge as well as customer service skills to become a Mortgage Advisor.

Question 20

Can you be a Mortgage Advisor without CeMAP?

Accepted Answer

No – to become a Mortage Advisor it is mandatory to complete a CeMAP Mortgage Advisor course.

Question 21

Can I put CeMAP after my name?

Accepted Answer

Yes, once you have fully completed your studies you can legally put CeMAP after your name. It will serve as an indicator that you are indeed fully qualified.

Question 22

Can anyone be a mortgage advisor?

Accepted Answer

Yes, you do not necessarily need a degree to become a mortgage advisor. Completing a CeMAP will enable you to pursue a career as a Mortgage Advisor.

CeMAP Mortgage Adviser Course

Course Introduction

Course Info

Awarding Body: LIBF: The London Institute of Banking & Finance

What you will learn

Unit 1: UK Financial Regulation (UKFR)

Unit 2: Mortgages (MORT)

Unit 3: Assessment of mortgage advice and knowledge

Course Outcome

Examinations and Assessments

Entry Requirements

Prefer old-school?
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Frequently Asked Questions

Need more information? Chat with a Learning Adviser