NEW: CRMS/CMC Prep Course at NAMB's 2008 Annual
Today for only $150 per person
NAMB can help you take the next step in your career by helping
you prepare for the CRMS and CMC exams. We’ll offer a CRMS/CMC prep
course on Saturday, June 21 from 11:45 a.m. - 5:45 p.m., that
provides an intense learning experience for mortgage professionals
who are planning to get certified. Not only will the course help you
prepare, it will give you a feel for what the actual exams will be
like, improve your performance, increase your confidence and align
your priorities/preparations for the CRMS and/or CMC.
Register today for only $150 per person. The session fee includes
lunch, a study book, and a $25 discount towards the exam fee. Learn more and register now for this new CRMS/CMC prep
We welcome your feedback and suggestions.
to Top Checklist – Are You Ready for Certification?
Still deciding if you’re ready to take the GMA, CRMS, or CMC
certification exams? The time to act is now and we can help. NAMB
has established eligibility requirements for each exam based on your
level of experience and knowledge.
Chances are that you’re ready to sit for one of the exams right
now. Check the table online outlining the eligibility requirements
to find out which credential is right for you. Click here to apply for the GMA, CRMS, or CMC exam
to Top Certification vs. Certificate – What’s the Difference?
In the June issue of NAMB Magazine, the Director of
Certification, Phara G. Rodrigue, discusses how certificates differ
from full-fledged certification programs. The article also explains
the value of a credential, similar to NAMB’s own GMA, CRMS, and CMC,
and how to distinguish a credentialing program from a certificate
This valuable article outlines the concrete information you need
to understand how earning a credential versus obtaining a
certificate can impact your career and the industry as a whole. Click here to
check out the latest issue of NAMB Magazine. Make the right
to Top Certificant in the Spotlight
catches up with Billy Parker.
Since becoming a mortgage professional five years ago, Billy
Parker, CMC, CRMS, has earned two of NAMB’s credentials. He is only
the 13th mortgage professional in the state of Texas to attain a
NAMB certification. These achievements, he believes, have catapulted
him to the top one percent of the industry and helped expand his
What sparked Parker’s interest in certification? It wasn’t a
mentor or supervisor, instead it was his own ambition for future
success and the information NAMB publishes in its magazine and other
Parker is a graduate of The Ohio State University who received
his mortgage training at Alliance Academy in Dallas. In addition to
being a mortgage broker, he owns MCE Providers of North Texas, a
school that provides MCE classes for real estate professionals.
Parker is a Captain and 20-year veteran for American Airlines.
CertAlert caught up with Parker to find out more about his
How long have you been certified?
In May, after four years as a mortgage loan officer, I became
aware of the National Association of Mortgage Brokers certification
program. Over the next few months, I began to study and prepare for
the Certified Residential Mortgage Specialist (CRMS) certification
examination. On August 20th, 2007, I passed the CRMS written exam.
At that time, I was only the 13th mortgage professional in the state
of Texas to attain a NAMB certification. My passion and motivation
for the mortgage industry did not stop with the CRMS certification.
In March 2008, I successfully obtained the Certified Mortgage
Consultant (CMC) certification.
Why did you seek certification initially?
I want borrowers to be assured that I am on the leading edge of
the latest changes in the mortgage industry, loan programs, and
interest rate trends. It is also my desire that my clients realize
and understand that I want to put them in the best financial
position based on their personal and financial requirements.
What did you expect the certification process to be like?
I honestly had NO idea what the certification process would be
like other than reading the directions provided from the NAMB web
site. I knew that I would have to thoroughly review and study the
referenced publications as outlined for the test preparation
Was it what you expected?
No, the actual exam was much more difficult than I had expected
because the scope of the exam covered all areas of the mortgage
business. However I firmly believe that by preparing for, and
passing these exams, the depth of my knowledge has significantly
increased which ultimately will allow me to better serve my
customers. I take great pride that I can represent the state of
Texas by having my CRMS and CMC national certifications. These
prestigious certifications have motivated me to do everything
possible to promote NAMB Certification Program on the national and
What are the rewards of earning your credential?
These certifications demonstrate a commitment to myself and the
mortgage industry. More importantly, they add instant credibility
and reassure the borrower that they are working with a true
professional. I strongly believe that having the CRMS designation
also helped me to obtain the opportunity to write a bi-monthly
mortgage column that has a weekly circulation of 140,000+ readers in
the Dallas/Fort Worth metroplex.
How is the mortgage industry changing?
Over 260 major U.S. lending operations have failed since December
2006, coupled with fact that many lenders are continually revising
underwriting guidelines, the mortgage industry is constantly
evolving on a daily basis. For example, look how Fannie Mae has
implemented new lending guidelines that went into effect June 1st.
Will having credentials help mortgage professionals adjust to
Absolutely! Having the NAMB certifications will assist mortgage
professionals to adjust to these changes more quickly and
What is the value of certification?
The CMC and CRMS designations place me in the top one percent of
the mortgage industry. Certification shows that I am committed to my
customers by obtaining the knowledge that can help educate them
concerning their real estate and mortgage needs. Certification also
shows that mortgage professionals are working towards continuous
learning, education, and training. The message to borrowers is that
originators who achieve this designation are committed and equipped
to put them in a better financial position. Likewise, achieving this
national certification shows business partners (realtors, builders,
CPA’s, and financial planners) that they are committed to a higher
level of knowledge and professionalism to be the best in the
industry. It also shows my customers and business partners that I
agree and abide by the NAMB Code of Ethics.