I am sure everyone is buzzing with licensing requirements that all loan originators for non-depositories have to complete in the next two to four months. Whether we agree or not, it is the law and we must comply with it to be licensed. The reason I bring this up is because of standards and a basic thought process.
Do you know just the basics to do your job, or are you above the curve and make it part of your profession to excel? To be licensed, you have the required minimum in each state and must follow those. To receive a certification, it is now your choice and opportunity to excel above the basics to a higher level and set yourself apart from everyone else.
How do you know though which to choose? I have personally seen different offerings for distinction and there are even more coming out now for various topics. When I was reviewing those options and trying to decide, I looked at what credentials and knowledge was needed. As I reviewed the NAMB certifications and the goals set for them, I realized that this was more than just a “pay for paper” certification. I was not buying the right to have the CMC (Certified Mortgage Consultant) or CRMS (Certified Residential Mortgage Specialist) titles. I had to work for them and know my profession and then prove it through a test to gain those honors.,
I have always been passionate about my industry and profession. It has been an area that the experienced train and share with those wanting to break into our industry. I believe that those of us still fighting for what we believe in and what we have to offer our valued customers and communities, can also recognize the importance of defining our knowledge and taking the next step to becoming certified and maintaining these certifications.
Take time today to know where you want to stand in this industry and how becoming NAMB-certified can benefit you and your business.
Pava J. Leyrer, CMC, CRMS, is president and owner of Heritage National Mortgage Corporation in Grandville, Mich., and Certifications Committee chair for the National Association of Mortgage Brokers.