Certified mortgage consultant

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In the United States a Certified Mortgage Consultant is the most advanced designation for mortgage professionals who are members of the National Association of Mortgage Brokers.

The National Association of Mortgage Brokers (NAMB) describes itself as the "only national trade association representing the mortgage broker industry in the United States." It has a membership of 27,000 and was founded in 1973. The organization states on its website that "NAMB members subscribe to a code of ethics and best lending practices that foster integrity, professionalism and confidentiality when working with consumers." Headquarters are in Plano, Texas.

There are 3 levels of official NAMB Certification: Certified Mortgage Consultant or CMC, Certified Residential Mortgage Specialist or CRMS and General Mortgage Associate or GMA. NAMB certified mortgage professionals pledge to adhere to a strict code of ethics and best business practices, and they have proven their skill by meeting tough eligibility requirements and passing a rigorous exam. As the economy and the mortgage industry change, NAMB Certified mortgage professionals maintain their industry expertise by satisfying NAMB's continuing-education requirements.

In the United States, commercial finance is the function of offering loans to businesses. Commercial financing is generally offered by a bank or other commercial lender. Most commercial banks offer commercial financing, and the loans are either secured by business assets or alternatively can be unsecured, where the lender relies on the cash flows of the business to repay the facility.

A background check or background investigation is the process of looking up and compiling criminal records, commercial records, and financial records of an individual or an organization.


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List of professional certifications in finance.

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