The CeMAP Exams Explained
24 August 2017
If you are looking to complete your CeMAP training to become a mortgage adviser, or you are currently undertaking one of our courses, then you know what stands between you and your career goals – the CeMAP examinations. Many people haven’t had to sit an exam since school or college, but don’t be put off by the faint memories of pre-test nerves; here we have laid out all you need to know about your CeMAP exams to set your mind at ease and help you prepare to achieve that all important qualification.
The Certificate in Mortgage Advice and Practice (CeMAP) consists of three mandatory modules made up of seven units in total. Each module examination is two hours in length and you will answer a set number of questions per unit. For CeMAP module 1, there are two units and 100 multiple choice questions to answer:
|Module 1||Unit Title||Duration||Questions|
|Unit 1||Introduction to the Financial Services Environments and Products||60 minutes||50 multiple choice questions|
|Unit 2||UK Financial Services and Regulation||60 minutes||50 multiple choice questions|
For module 2, there are four units, so your two-hour exam will consist of 25 multiple choice questions for each one:
|Module 2||Unit Title||Duration||Questions|
|Unit 3||Mortgage Law, Policy, Practice and Markets||30 minutes||25 multiple choice questions|
|Unit 4||Mortgage Applications||30 minutes||25 multiple choice questions|
|Unit 5||Mortgage Payment Methods and Product||30 minutes||25 multiple choice questions|
|Unit 6||Mortgage Arrears and Post-Completion Issues||30 minutes||25 multiple choice questions|
For module 3, you will have two hours to review six case studies and answer a series of multiple choice questions based on those studies:
|Module 3||Unit Title||Duration||Questions|
|Unit 7||Assessment of Mortgage Advice and Knowledge||120 minutes||6 case studies
10 multiple choice questions per case study
Pass rates for the CeMAP exams will be calculated on a percentage basis for each unit, so you must correctly answer at least 70% to successfully pass that unit. Pass marks are also graded, with 70% plus giving you a pass, 80% plus is a merit and 90% plus is a distinction. No one wants to think about failing an exam, but should this happen; you will only need to resit the unit that you did not pass, so you wouldn’t have to retake the whole module exam again.
Before you head off to sit your CeMAP exam, here are a few top tips to help you achieve that all important qualification:
- Make sure you are dressed comfortably and had a good night’s sleep before your exam to help you feel relaxed and ready to go
- Always read each question carefully – sometimes the wording can be tricky, so make sure you read each one thoroughly to make sure you have fully understood the question
- Give yourself plenty of time to answer every question – take your time and try not to rush through
If you need further information or assistance with your CeMAP qualification or have questions about the CeMAP exams, do get in touch with Simply Academy on 01279 874 430 or email email@example.com for friendly, professional advice and guidance. We look forward to helping you achieve your career goals.