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Diploma in Mortgage & Practice (DipMAP®)

The higher level Diploma enables mortgage advisers to set themselves apart from their peers and develop an enriched understanding of the broader financial services environment and residential lending sector.

About the qualification

This qualification is no longer available for new registrations. Instead please visit the CeMAP® Diploma qualification page, which is our new Level 4 Mortgage Advice qualification.

DipMAP offers a progression route for existing holders of a Level 3 mortgage advice qualification who wish to gain a higher level of skills and knowledge and demonstrate their commitment to continual learning. Attaining the qualification verifies to clients and employers that holders can provide a better service through an enhanced skillset. The qualification develops specialist knowledge and skills relevant to the mortgage industry, whilst demonstrating higher levels of professionalism.

The Diploma in Mortgage Advice & Practice is a Level 4 qualification registered with Ofqual in the Regulated Qualification Framework (RQF).

Key information

  • Four study sessions available per year – see ‘Studying’ section
  • Comprehensive study materials are provided
  • Combination of multiple-choice exam and coursework assessment
  • Upon completion, you are able to use the ‘DipMAP' designation after your name
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CPQ Blue Testimonial
DipMAP provides a wider knowledge of the mortgage industry and an understanding of how the banking system works. This is important when giving advice. Also the regulatory knowledge and risk assessment understanding is essential moving forward. Stewart Jollands - Mortgage & Protection Advisor, Lloyds Bank

Units

DipMAP consists of two modules.

Module 1 - Financial Services, Regulation and Ethics (FSRE)

Y/601/2801

  • The environment of the financial services industry
  • Key components and interrelationships of the financial system
  • Principles of the regulatory framework and the implications for the financial advice process
  • The importance of the concept of risk and how risks relate to institutions and individuals
  • Legal concepts and the interplay between regulation and legislation
  • The FCA's approach to ethical and unethical behaviours and the Code of Ethics

Module 2 - Advanced Mortgage Advice (AMA)

F/506/8916

  • The commercial and regulatory environment
  • Products, services and legislation that inform the mortgage advice process
  • The importance of consumer oriented advice, sound communication and appropriate ethical behaviours through the practical application of knowledge and skills

Studying

2016 Study Timetable

When selecting your preferred study session using the timetable above, please be aware that fees are payable if you wish to change your exam for AMA after registration.

You will have online access to study texts immediately after registration has been completed and hard copies will also be provided. The study text contains review questions and activities to support your learning. A specimen paper for unit 1 is also provided to test your learning, along with a Chief Examiner Report for Unit 2.

370 study hours are recommended

 

Assessment

Unit 1 - FSRE

2-hour objective exam comprising 90 multiple-choice questions and 2 case studies with 5 linked multiple-choice questions.

This exam can be taken at over 150 Pearson VUE centres nationwide with the result provided on the day.

View information on examination booking and venues

Unit 2 - AMA

3-hour written exam comprising three elements:
  • A recommendation in response to a pre-released customer 'fact-find'
  • A report requiring explanation of a mortgage concept or technical issue
  • Short question and answer section
View AMA exam venues

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Looking for further information

Contact

For registration and other enquiries please contact Student and Customer Services on +44 (0)12 2781 8609.

FAQs