Mortgage Planning is a complex financial service.

The Mortgage Bankers and Brokers Association of NH created the Certified Mortgage Professional for mortgage professionals seeking to demonstrate their dedication to and their knowledge of their profession.

Consumers seek to work with:

  • REALTORS® when in a Real Estate Transaction.

  • CPA’s when dealing with bookkeeping and tax planning.

  • CFP’s when developing complex plans for their financial future.

Similarly, consumers seek to work with CMP’s when developing plans for their home financing.

CMP Participation Points

Find a Certified Mortgage Professional

CMP: Certified Mortgage Professional

What is a Certified Mortgage Professional (CMP)?

The Certified Mortgage Professional (CMP) is a designation accredited by the MBBA-NH. This prestigious designation is bestowed upon career-minded mortgage professionals who have experience, knowledge, and a code of conduct that sets them apart from others. 

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5 Key Traits of a CMP

Abides by Strong Code of Ethics

CMPs agree to a strong code of ethics that create a business environment that is beneficial to the consumer. The CMP believes when the consumer wins, the relationship wins. When the relationship wins, the likelihood for future business opportunities with this client and potentially others is heightened for all service providers.

Service Oriented

Mortgage professional must demonstrate their commitment to their profession, their community, their education, and to others in the profession to obtain and maintain their CMP. This results in a well-rounded, service-oriented mortgage professional.

Relationship-Minded

CMP’s value their relationship with the consumer and their referral sources. This often results in a smoother mortgage transaction for the consumer and fosters a long term view of the relationship with the consumer and the referral source.

Experienced

CMP’s must have five years of direct mortgage experience or hold a professional financial service designation from another industry in order to sit for the CMP examination. Experience is one of the key facets for mortgage professionals to achieve their CMP designation.

Educated

CMP candidates undergo a well-rounded educational curriculum with an extensive entrance exam. Following their CMP award, the CMP must continue to demonstrate their commitment to education through approved continuing mortgage education classes. CMP’s must continue to demonstrate their desire to give back to their profession by working with others in their professional association.

What is required?

The CMP program is based upon a point system. The points are determined by your individual:

  • Work experience

  • Education

  • Professional designations

  • Industry education

  • MBBA-NH participation

  • Membership organizations

  • Other supplemental activities.

The designation is awarded to those professionals who accumulate a minimum number of points in each section (A, B, C) of the CMP application and pass the CMP or POMB exam.

CMP Renewal Form, Participation POINT list and brochure

CMP Annual Renewal Application 

CMP Participation Points Program

CMP Editable Marketing Brochure

Renew CMP Designation

For a CMP to maintain an “active” status within the Association, they must complete activities which have CMP Continuing Participation credits between May 1 and April 30.   To complete this obligation, the CMP shall participate in activities and/or attend sanctioned events that offer Participation Points during the period.  The CMP maintains a list for each activity or event and upon their renewal provides the list as evidence of completion of their Participation Points obligation.

How do I apply?

  • Download an application here. Review the point system to determine how many points you have earned.

  • When you have accumulated the minimum number of points each section: Submit your completed application, letter of recommendation and fee to the MBBA-NH office. Once your application is approved, you will be notified.

  • If you have not accumulated the minimum number of points in each section, please take the time to determine your strategy of how you will increase your points. 

Who is eligible?

MBBA-NH members with:

  • 5 years’ experience in residential real estate finance industry

  • 3 years’ experience, plus a professional designation

  • Achieve minimum number of points in each section (A, B, C)

  • Attain a passing score of 75% or better on CMP or POMB exam

  • Be an employee of a Member company in good standing with MBBA-NH for at least the past two years

  • Provide a letter of recommendation from supervisor

  • If required for candidate's job position, be in good in good standing with NMLS

  • Meet all Federal and State rules and regulations at time of application.

  • Must pledge to observe and maintain MBBA-NH CANONS OF ETHICS AND STANDARDS OF PRACTICE in dealing with the public and with other members.

What is the application fee?

Non-Refundable Application fee $399.00 (check made payable to MBBA-NH or call for credit card payment). 

  • The CMP Application fee entitles the CMP applicant to a complementary seat in the Principals of Mortgage Banking I (POMB I) Course.

  • CMP application fee must to paid if someone uses Preferred Corporate Partner complimentary admission to POMB I and then applies for CMP.

  • If someone elects to apply for CMP after taking the (POMB I) Course, they are allowed to transfer the paid cost of the (POMB I) to the fee for CMP. This transfer is only allowed in the year they apply for CMP. 

How will my achievement be recognized?

  • You will be recognized for your professional achievements at a special award ceremony at the MBBA-NH annual dinner.

  • In addition, you will receive a Certified Mortgage Professional plaque and lapel pin.

  • The letters “CMP” may be used after your name on your business card, identifying your designation.

CMP Exam

The examination is designed to cover topics from each of the Principles of Mortgage Banking I Series and some additional specific concepts  any CMP should know and understand.  The exam is comprised of about 100 questions, given 90 minutes to complete, 75% passing grade. Once per year a re-test will be offered at full application fee.  

  • DTI Ratio Calculations

  • LTV/CLTV Calculations

  • “Simple Interest” Calculations

  • Calculation of the “Aggregate Adjustment”

  • Qualification questions

  • Credit Report Trade Line Analysis

  • Appraisal Analysis

  • Flood Determination

  • Purchase and Sale Agreement

  • Closing Disclosure

CMP EXAM SCHEDULE

Contact Suzanne Riel at the MBBA-NH office to register for an exam date, 603-225-6111 or [email protected]. Your CMP application and fee must be approved prior to scheduling exam.