CeMAP Training for a Boom Market
CeMAP Training for the Boom Market in 2007
CeMAP Training in the Present Mortgage Market
If you are considering CeMAP training you will be interested in knowing the job prospects once you have qualified. One of the topics covered during your CeMAP training is the different types of mortgages available and the effect that they can have on the borrowers. In particular, one type of mortgage was very popular in 2004 and 2005 – the fixed rate mortgage.
CeMAP Training and Mortgage Types
As you will discover with your CeMAP training, the fixed rate mortgage locks the interest rate at a fixed level for a fixed term, typically two or three years. The second important fact you learn with CeMAP training is that the borrowers are often surprised when they come out of the fixed rate term to find that their mortgage repayments can increase substantially.
How CeMAP Training is Relevant
With your CeMAP training you would have been sure to inform the borrower of the likely consequences of rate rises during the fixed rate period, and the impact that this might have on their repayment levels. And now that they are moving out of the fixed rate period, your role as a CeMAP qualified mortgage adviser would be to find the most suitable option for the borrowers so that they do not have to spend any more time than necessary on the standard variable rate of interest.
CeMAP Training for Customer Satisfaction
The borrowers who took out their mortgages in 2004 / 2005 will now be very keen to re-mortgage onto another discounted or fixed rate deal, something that is likely to require the services of a CeMAP qualified adviser. For advisers that gain their CeMAP qualification in the next 12 to eighteen months, there is going to be an increasing number of borrowers looking for advice and assistance.
Is Home Study for CeMAP Training the most effective?
Home Study CeMAP training from the Herne Group is highly effective because it is the only fully comprehensive home study course available. The CeMAP training material provides video DVD’s, Audio CD’s, Books, the IFS self-test CD ROM, and full tutor support by e-mail. No other course available today provides this range of study materials.
The most important Investment in CeMAP Training
The correct CeMAP Training is vital for your future in the mortgage industry and by investing wisely now, with CeMAP training from the Herne Group, you will receive the most comprehensive start for your new role.
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