Benefits
Direct Benefits
How does NAMP benefit me?
Money, specifically more of it.
Every day our industry is getting bad press; radio, television and print. You can’t open the paper these days without reading a negative article about our industry.
Simply the answer is “differentiation”. For licensed originators it shows the public and the industry that you are proactive. The Mortgage MTM allows you to be more credible, more competitive and what you really what to be … more profitable. For M Associates; processors, underwriters, wholesale AE’s, etc. you now have an organization that recognizes you, wants you to play an active role and help you advance your career. The validation and support by our association for a mortgage professional restores consumer confidence and helps our members increase their profitability by differentiating themselves from the others. Consumer recognition and consumer confidence in THE MORTGAGE M helps to increase the mortgage professional’s originations by 5-10.
We are aligned with service providers to offer member discounts on continuing education, state licensing assistance, origination software, escrow and title and all other critical elements of loan origi nation.
We have M Lenders and title companies First Fidelity Financial and First American for example that recognize the percentage of their closings increase when they are dealing with true professional originators and therefore offer Expedited loan processing and better pricing to files with THE MORTGAGE M sticker and MPROTM number on the 1003!
What is the LIMELIFETM?
The LIMELlFE ™ is an acronym for the Learning Initiative for Mortgage Educaticn’Y and the Learning Initiative for Financial Education’Y.
The LIMELlFETM is NAMP’s non profit arm which is an industry sponsored non-profit organization designed to help educate the general public. This non profit arm will provide free consumer education to the mortgage buying public in the form of monthly education classes presented one weekend a month in major metropolitans. LIMETM will be presented on Saturday, education regarding purchases, refinance, home improvement, etc. LlFETM will be presented on Sunday, education on regarding your new home, how to correctly invest/spend the cash out just received, living trust, etc.
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Be more credible. Be more competitive. Be more profitable.
NAMpTM will allow you to do all three by DIFFERENTIATING you and aligning you with an association whose primary goal is to set the gold standard for mortgage industry professionals and insure the public they should accept no less.
Who we are:
The National Association of Mortgage Professionals. A trade association for professional ethical, mortgage industry colleagues
What we do:
Educate consumers on the critical importance of using a true professional for their mortgage financing Market to brand The Mortgage M – the industry symbol of higher standards, with our aggressive “Insist on the M” campaign Provide free mortgage and financial education to the public through the non-profit LIMELIFE – Learning Initiative for Mortgage Education & Learning Initiative for Financial Education
What you can do as a member:
- Stand up and stand out! Highlight your accomplishments and dedication to our industry
- Be readily accessible to consumers through your NAMP.org profile;
- Utilize the Mortgage M in your personal marketing efforts;
- Obtain negotiated NAMP discounts on goods and services ranging from 5-60 off
- Help us restore the faith of the American consumer. Let them KNOW there are good people in this industry
What consumers will do:
Insist on the M to accept no less than the best. Will you be there when they search?
MPro – Ind licensed / Min 2 years mtg experience / background check
Advocate: All others
What does it take to be a member?
NAMP has two designations, the Mortgage MTM designation and the M Advocater» designation. Consumers who see professionals displaying the Mortgage “M” can choose confidently, knowing that the member was required to first pass a series of credential checks, including verification of 1) a valid license, 2) that the member is currently in good standing, 3) is continuing their education within the field, 4) abides by and promotes NAMP’s Code of Ethics, 5) has a minimum of two years of mortgage experience and 6) passes a background check. Credentials are confirmed annually and membership is contingent upon all items remaining in proper form at all times.
Our M Advocatet'” designation is available for the many individuals who take great pride in their profession and that have worked hard in the mortgage industry in collateral positions; mortgage account executives, processors, underwriters, funders, title officers, and escrow officers who are very professional and want to distinguish themselves from those who are not. This is their industry as well and the M Advocate designation enables
these professionals to have a voice in an association that values their worth.
How does the “M” seal work?
The Mortgage MTM seal of approval is a system available to help guide consumers in choosing a legitimate mortgage professional. The consumer can go online at www.namp.org or call our toll free number at 800-680-4071 to validate an individual credentials.
How is NAMP different from NAMB?
The National Association of Mortgage Professionals undertaking is to promote the public’s confidence in the mortgage industry as a whole and to specifically address and highlight the legitimate point of sale loan originator, identifiable by NAMP’s the Mortgage MTM.
NAMB represents the mortgage broker industry and is not have a recognizable to the general public.
Some believe NAMP is using the predatory lending and subprime meltdown to make money (hence the for-profit status). Can you explain your position on this matter?
Answered in the question below.
How did NAMP get started? Why?
Looking back I should have started this organization the first time I thought of NAMP and the Mortgage MTM in 1992.
A mortgage transaction is a significant transaction. I recognized this the very first time I saw a mortgage loan application in 1991 as a consumer. Since entering the industry in
