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Certified Reverse Mortgage Professional

The Certified Reverse Mortgage Professional (CRMP) designation is awarded to someone who has demonstrated superior knowledge and competency in the area of reverse mortgages and dedication to upholding the highest ethical and professional standards.

Skills / Knowledge

  • Reverse Mortgage Lending
  • NRMLA Code of Ethics
  • Reverse Mortgage Counseling
  • Reverse Mortgage Loan Servicing
  • Appraisals
  • Loan Processing
  • Loan Closing

Issued on

November 20, 2023

Expires on

December 1, 2025

Earning Criteria

Required

exam
Candidates must pass a challenging and focused CRMP exam.
experience
Candidates who are Loan Originators must have three years of experience originating reverse mortgages or must have personally closed 50 or more reverse mortgages.
experience
Candidates who do not originate loans must have at least three years of experience in the reverse mortgage industry in one of the following areas: Underwriting, Processing, Operations, Training, Title and Closing Services, Appraising, Counseling, Wholesale Sales, or Loan Servicing.
knowledge
Candidates must complete 12 credits of continuing education within one year prior to taking the CRMP exam. Once certified, individuals must complete 8 credits of continuing education every year thereafter.
knowledge
Candidates must complete a course on reverse mortgage ethics prior to taking the exam, and again every three years thereafter.
license
Candidates must possess a current mortgage loan originator license (if applicable).
other
Candidates must pass a rigorous background check prior to certification, and again every three years thereafter.
other
Candidates must submit a letter of recommendation written and signed by an industry colleague in a senior management position.