Mortgage Credit Directive

Learning Objectives

• Demonstrate knowledge of MCD credit agreements and any ancillary services offered by the lender
• Show knowledge of the laws relating to MCD credit agreements for consumers (in particular, consumer protection)
• Show knowledge and understanding of the property purchasing process
• Demonstrate knowledge of security valuation
• Explain the organisation and function of land registers
• Demonstrate knowledge of the market
• Show knowledge of business ethics standards
• Demonstrate knowledge of the process of assessing a consumer’s creditworthiness or, where applicable, competence in assessing the consumer’s creditworthiness
• Explain the process of assessing the level of financial and economic competence