Cemap training course?

Mortgage_Mark_2

Keekles wrote: »

Yes sir. Believe it's the same practice in most large EA chains.

There are restrictions such as only being able to advise in branch - can't do home visits etc.

Blimey - there's the reason to avoid agent based brokers then, plainly!

No offence to you Keekles but if you don't have a full CeMAP then you aren't a mortgage adviser in my opinion, and apologies if that sounds arrogant/snobby, but it's like driving a car with a provisional license...

amnblog

Mortgage_Mark wrote: »

Blimey - there's the reason to avoid agent based brokers then, plainly!

No offence to you Keekles but if you don't have a full CeMAP then you aren't a mortgage adviser in my opinion, and apologies if that sounds arrogant/snobby, but it's like driving a car with a provisional license...

Bit CeMap is the tip of the iceberg isn't it Mark.

When you do your first 100 cases you don't really know what you are doing, or if a deal can fall apart at any moment.

There is no substitute for experience in this job.

handytips

I used to teach Cemap. Intensive courses are fine, but can be expensive. Basically cemap can be revised parrot fashion. keep doing past papers over and over again, you will get there.

Big Tip

If any of the answers contain the words ALWAYS or SOMETIMES. the answer is WRONG. Good luck

Mortgage_Mark_2

amnblog wrote: »

Bit CeMap is the tip of the iceberg isn't it Mark.

When you do your first 100 cases you don't really know what you are doing, or if a deal can fall apart at any moment.

There is no substitute for experience in this job.

Oh absolutely - similar to the driving analogy I guess, you don't really learn until you do it, but if you haven't done the mortgage specific qualifications that doesn't paint that person in a brilliant light mortgage-wise, in my opinion...

Keekles

Mortgage_Mark wrote: »

Blimey - there's the reason to avoid agent based brokers then, plainly!

No offence to you Keekles but if you don't have a full CeMAP then you aren't a mortgage adviser in my opinion, and apologies if that sounds arrogant/snobby, but it's like driving a car with a provisional license...

None taken.

I wasn't employed because of my in-depth knowledge of mortgages and the financial industry before setting foot in it. Nor was I in recruitment previously because of my understanding of recruitment legislation.

Had something to do with personable skills and likeability apparently


Don't get me wrong there's 5-6 weeks sat in training rooms regarding compliance and regulation. Not to mention teams specifically checking cases submitted for breaches / misguidance / business quality.

Countrywide's problem is that it has a high staff turnover and if they were to take on everyone and put them through CeMaps 1, 2 & 3 immediately; it would be even higher.

The firm know that it's pretty likely that most very good brokers will move on / go independent in the long run; unless that person specifically requires the job security of working on a basic with decent OTE.

amnblog

No surprise that it is the business model that reduces the potential for meeting experienced brokers.

LEIGHMLUKE

Hey Guys I'm starting my training to become CeMap qualified and am doing a journey blog i would love peoples comments and also any advice or ideas i would be grateful to share in it

its called the journeytobecominganma and is on blogspot or I'm on google plus as leighmluke

Thanks:beer: