Certified Reverse Mortgage ProfessionalJim Coryhas been examined and has demonstrated a superior knowledge and competency in the area of reverse mortgages, has met the prescribed requirements of this designation, has agreed to uphold the highest ethical and professional standards and is therefore entitled to use the name Certified Reverse Mortgage Professional.Certificate: 85912507Certified Since:October 1, 2011Expiration Date:September 30, 2025
Steve IrwinBrett KirkpatrickSteve Irwin, PresidentBrett Kirkpatrick, ChairmanThe CRMP designation is sponsored by National Reverse Mortgage Lenders Association.National Reverse Mortgage Lenders AssociationIndependent Certification Committee
Jim Cory
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
October 1, 2011
Expires on
September 30, 2025
Earning Criteria
Required
Candidates must pass a challenging and focused CRMP exam.
Candidates who are Loan Originators must have three years of experience originating reverse mortgages or must have personally closed 50 or more reverse mortgages.
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.
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.
Candidates must complete a course on reverse mortgage ethics prior to taking the exam, and again every three years thereafter.
Candidates must possess a current mortgage loan originator license (if applicable).
Candidates must pass a rigorous background check prior to certification, and again every three years thereafter.
Candidates must submit a letter of recommendation written and signed by an industry colleague in a senior management position.