CeMap? CII? MAQ?

earthquakebird

Hi, can someone explain the differences (if any) between CeMap, CII and MAQ?

I am trying to choose a mortgage broker and have been told elsewhere that CeMAP is the best, but the one I am leaning towards choosing is MAQ. Does this make any difference?

Thanks

ACG

The exams for this job are a necessity but worthless in the real world of being a broker.

I do not think there is a best or a worst. CeMap is the most common, personally I went down the CII route as a previous employer I worked for paid for that route. MAQ I think is quite historic, but I would not let any of the exams be a deciding factor.

LRmortgage

I agree with ACG.
I have the CII qualification, my business partner has the Cemap. I think we’re both decent Brokers!
It’s more about experience and knowledge than the exams.
I would go with who you feel comfortable with.

kingstreet

I passed the CII Financial Planning Certificate in 1990. When mortgage qualifications were introduced, the CII introduced the Mortgage Advice Qualification for people like me.

I then passed MAQ in 2000.

As an FPC holder I could also have done the CeMAP Bridge but preferred to remain under CII rather than IFS.

In practical terms, it makes no difference. Either way, the advisor is qualified and has to be authorised.

amnblog

Makes no difference, a legal requirement of minimal use to doing the job.

If you are at this level of detail when choosing a Broker the Mortgage detail is going to be interesting.