CII Certificate in Advanced Mortgage Advice
What is the purpose of this Certificate?
The Certificate in Advanced Mortgage Advice enables mortgage advisers to develop their advice capabilities. It incorporates recent changes to the mortgage process as a result of the Mortgage Market Review. This qualification is also useful for those working in a mortgage support role. It covers the UK financial services industry; how the financial services industry serves the retail customer; protection of the consumer – regulatory framework, powers and responsibilities; legal concepts and considerations; the Code of Ethics.
If you are a CII member and a member of the Society of Mortgage Professionals (SMP), you can use the designation Cert SMP after achieving the qualification
What do I need to do to achieve this Certificate?
To achieve the CII Certificate in Advanced Mortgage Advice you must pass three units. These are:
CII Certificate in Advanced Mortgage Advice
| Criteria | Details |
|---|---|
| Available units: | R01 Financial services, regulation and ethics CF6 Mortgage advice R07 Advanced mortgage advice |
| Credits required for qualification: | 55 |
| Level: | 4 |
R01 Financial services, regulation and ethics
| Criteria | Details |
|---|---|
| Credits | 20 - Diploma |
| Exam Format | Online, 2 hours |
| Number of Questions | 100 multiple choice questions (MCQs) |
| Nominal pass mark | 65% |
| 2018 Pass rate | 63.77% |
CF6 Mortgage advice
| Criteria | Details |
|---|---|
| Credits | 20 - Certificate |
| Exam Format | Online, 3 hours |
| Number of Questions | 100 multiple choice questions (MCQs) and five case studies, each comprising five MCQs |
| Nominal pass mark | 70% |
| 2018 Pass rate | 74.76% |
R07 Advanced mortgage advice
| Criteria | Details |
|---|---|
| Credits | 15 - Diploma (Level 4) |
| Exam Format | Online, 3 hours |
| Number of Questions | 55 MCQs and four case studies, each comprising five MCQs |
| Nominal pass mark | 65% |
| 2018 Pass rate | 78.32% |