Everything you need to know about CeMAP 2&3

Studying CeMAP is the perfect first step towards a new career as a Mortgage Adviser.

CeMAP is the Financial Service industry’s benchmark qualification, held by around 80% of UK Mortgage Advisers. It is approved by the FCA, accredited by Ofqual and awarded by the London Institute of Banking & Finance (LIBF).

CeMAP certification demonstrates to potential clients and employers that you are qualified to offer professional mortgage advice. The qualification meets industry regulatory requirements and is highly respected by Financial Services employers. So it’s no surprise that over 10,000 students have chosen to study CeMAP courses with Simply Academy since 2006.

This post will answer all your CeMAP2 questions, including what the course syllabus covers, the available study options and the cost of studying CEMAP 2.

What is CeMAP 2?

Studied together within one course, CeMAP 2 and 3 follow on from CeMAP 1 as the final part of the CeMAP (Certificate in Mortgage Advice & Practice) qualification.

Before you can study CeMAP 2&3, you need to either complete the CeMAP1 course  and pass the associated exam or alternatively complete the FSRE unit of the DipFA (Diploma for Financial Advisers) course.

How is CeMAP 2&3 different from CeMAP 1?

CeMAP 1 focuses on financial services regulation and ethics, while CeMAP 2&3 is more practical, covering mortgage products, the application process and how to apply your knowledge to real scenarios. CeMAP 2&3 is also assessed slightly differently: instead of one exam per module, you’ll sit three separate unit exams across the two modules. Most students find CeMAP 2&3 more straightforward than CeMAP 1, since it builds on knowledge you’ve already been tested on.

What does the CeMAP 2&3 course cover?

CeMAP Module 2 (Mortgages) covers the essential knowledge you’ll need to fully understand mortgage advice, split into two units.

The course syllabus covers topics such as mortgage law, applications, mortgage protection products and payment methods as well as issues that may arise after completion. All of this will give you a thorough grounding in the mortgage application process.

CeMAP 3 is concerned with the Assessment of Mortgage Advice Knowledge (ASSM). This module is based upon your knowledge and understanding of the previous two modules (CeMAP 1 and CeMAP 2). The course helps you to consolidate your knowledge and learn how to put it into practice in various scenarios.

How can I study CeMAP 2&3?

There are three options for studying CeMAP 2&3 with Simply Academy. Each study method has its own advantages which allows you to select the right CeMAP course to suit your own learning style and requirements.

CeMAP 2 Fast Track Classroom course

The Simply Academy CeMAP 2&3 Classroom course is ideal if you prefer face-to-face tuition and enjoy the atmosphere of classroom-based study. You can study at one of our UK training centres, all in convenient city centre locations.

Our expert training staff deliver the CeMAP 2&3 course syllabus in a five day workshop which also includes exam preparation. You’ll receive our clear, high quality course materials to reinforce your studies and we keep our class sizes small so early booking is recommended.

CeMAP 2 Live Webinar course

Simply Academy Live Webinar study blends the structure of classroom based learning with the convenience of studying CeMAP online from any location. Our CeMAP 2 Live Webinar course comprises ten Live Webinar lectures scheduled over five days.

Each three hour session is delivered by one of our expert trainers and is also recorded so you can watch them back for revision purposes. We keep our class sizes small so that you can engage with your tutor and fellow students, and you’ll also be able to contact your tutor for feedback on your learning.

CeMAP 2 self-study course

 If you need to fit learning around your existing job, or want to study at your own pace, the Simply Academy CeMAP 2&3 Self-Study course is ideal.

Upon enrolment, you will receive access to our interactive online study portal including our high quality CeMAP training course materials and exam preparation tips. If you need tutor support, you can also access this through our online helpdesk.

Completing CeMAP 2&3 through this method takes around 50 hours of study. Most learners complete all three CeMAP modules within 6 months of part-time study, and you’ll have 12 months’ access to the study portal and CeMAP course materials.

How long does CeMAP 2&3 take to complete?

This depends on your study route. The Classroom and Live Webinar courses are delivered over a five-day workshop, while Self-Study is more flexible, taking around 50 hours spread over a timeframe that suits you. Whichever route you choose, once you’ve registered for Module 2 or Module 3, you’ll have 12 months to sit and pass the exams for that module, or 18 months if you registered for the full CeMAP qualification at the same time.

Is there a CeMAP 2 exam?

Modules 2 and 3 of the CeMAP qualification are assessed through three separate unit exams: two for Module 2 and one for Module 3.

Your Simply Academy CeMAP 2&3 course includes exam tips and mock exam papers which will help to prepare you for your CeMAP exams.

CeMAP Module 2 (MORT) is split into two units, each assessed by a one-hour exam of 50 multiple-choice questions.

The exam for CeMAP 3 is a 2 hour exam comprising 10 multiple choice questions on each of 6 case studies.

The pass mark for every unit is 70%.

You can take every CeMAP 2&3 exam online, with remote invigilation, so there’s no need to travel to a test centre.

You will receive registration details when you enrol on your course. 

What happens if I fail a CeMAP 2 or 3 exam?

If you don’t pass a unit first time, you only need to resit that unit, not the whole module. You’ll still need to sit and pass the resit within your original registration window, so it’s worth leaving yourself enough time to prepare properly before booking a resit.

How much does CeMAP 2 cost?

 There are two separate costs to plan for: your course fee and your exam fee. The cost of your CeMAP 2&3 course depends on which study option you choose:

• CeMAP 2&3 Classroom or Live Webinar, from £575+VAT
• CeMAP 2&3 Self-Study, £425+VAT

These prices include your study materials and tuition. Your exam fee (£320 for Module 2, £160 for Module 3) is paid separately when you register for your exam. If you’d like to save money, book all three CeMAP course modules together and save 10% on your course fees (use code CEMAP10%), or book all three exams together over the phone and save £75 on your exam fees.

What comes next?

Once you have passed your CeMAP 2&3 exam, you will receive your CeMAP certification and can use the letters CeMAP after your name. You will be qualified to provide your clients with advice on mortgage products ether while working within a company or as an independent Mortgage Adviser.

You may also wish to consider studying CeRER (Certificate in Equity Release) which will allow you to add Equity Release products to your portfolio of services.

How can I book a CeMAP training course?

You can find more information about studying CeMAP and book your CeMAP 2&3 course online on our CeMAP course pages. Our friendly Student Support Team are also on hand to help with any queries you may have or to take your course booking on Freephone 0808 208 0002.

Frequently asked questions

Can I study CeMAP 2&3 without doing CeMAP 1? 

No, unless you’ve already completed the FSRE unit of DipFA. Otherwise, you’ll need to pass CeMAP 1 first.

Do I need to pass Module 2 before Module 3? 

There’s no strict requirement, but since Module 3 builds on the knowledge covered in Modules 1 and 2, most students find it easier to complete Module 2 first.

What score do I need to pass? 

You need to score at least 70% in each unit.