________________________________________________________                        ___________________________
Name of Applicant                                                              Date

________________________________________________________                        ___________________________
Company                                                                                       Title

APPLICATION PROCESS
Each individual wishing to participate in the VMBA’s CMP program will be required to submit an official application to the VMBA,
requesting acceptance to participate in the program.  Listed below are criteria that must be met:

  • At the time of application you must be a member of VMBA and have been so for a minimum of one year;
  • Minimum of FIVE years experience in the real estate/mortgage finance fields;
  • Complete a CMP application form, provide a letter of recommendation from the applicant’s employer, and provide a copy of your resume;
  • A total of 150 points is required to be awarded the CMP designation;
  • Submit a non-refundable application fee of $150.  (Please make check payable to VMBA.)

After the above-criteria are met and the application is received at the VMBA office, the applicant will be notified in writing of his/her acceptance into the
program.  Once accepted, the applicant will have five years to complete the program’s criteria of meeting the 150 points minimum requirement.  Upon
successful completion, the candidate will then be awarded his/her Certified Mortgage Professional plaque and label pin, and recognized at the annual
meeting, and will be authorized to use the CMP designation after his/her name.

Send completed application and all supporting material to:

Vermont Mortgage Bankers Association
12 North Main St., 2nd Floor
St. Albans, VT  05478
Toll Free Phone/Fax:  (866) 680-8622  
Email:  Info@VermontMBA.org   Website:  www.vermontmba.org




Please Note: Minimum credits are required in section C and D to complete the program.


A.  EXPERIENCE

   1. Real Estate Finance-Related Employment   (Five Years Minimum Required)
      Three points for each of the first five years (15 points for first five years)  plus five points per year for years six through
15                (up   to 50 points for next 10 years) , plus two points for each additional year.  Maximum credit  = 75 points.   

    List companies employed by and provide number of years and dates of employment:

    ________________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
   
    _______________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
   
    ________________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
   
    _______________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
   
     _______________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
   
     ________________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
   
     _______________________________________________________________________________________________
     Company Name                        City, State                        # of Years                Date of Employment                    Points
                                                                               
                                                                         
Total Section A.1.  Max 75 _____________

2.  Professional Achievement in Real Estate Finance Related Employment
   (Officer or Manager)  Maximum Credit = 40 points
   Please attach supporting documentation.

  Chief Executive Officer (10 points per year) _____________________________________________________________
                                                # of Years in Position                                        Points
  Senior Vice President (6 points per year) _______________________________________________________________
                                                # of Years in Position                                        Points
  Vice President (4 points per year) _____________________________________________________________________
                                                # of Years in Position                                        Points
  Manager (2 points per year) __________________________________________________________________________
                                                # of Years in Position                                        Points

                                                                
Total Points Section A. 2 . Max.40  __________________


                                                                       EXPERIENCE POINT TOTAL _________ (A)


B.  PROFESSIONAL RECOGNITION

1.  RECOGNIZED PROFESSIONAL DESIGNATION(S) - Please attach certificates. Must be real estate finance related.
(i.e., Accredited Residential Underwriter, Accredited Residential Originator, Certified Financial Analyst, Certified
Public Accountant, Certified Property Manager, Member Appraisal Institute, Senior Residential Appraiser, Certified
Mortgage Technologist, Certified Mortgage Banker = 10 points each.)  Maximum credit = 20 points
_____________________________________________________________________________________________________
Designation                                        Award by Whom                                Year                Points
_____________________________________________________________________________________________________
Designation                                        Award by Whom                                Year                Points
                                                                       
                                                                         
Total Points Section B1 Max 20__________________


2.  MORTGAGE BANKERS ASSOCIATION OF AMERICA’S CERTIFICATE(S) OF ACHIEVEMENT
–  Please attach
certificate(s).  (Commercial Real Estate Finance, Mortgage Industry Leadership, Quality Assurance and Risk Analysis,
Residential Loan Administration, Residential Loan Production, and Secondary Marketing = 5 points each.)   
Maximum credit = 20 points
_____________________________________________________________________________________________________
MBA Certificate of Achievement                                                Year                                        Points        
_____________________________________________________________________________________________________
MBA Certificate of Achievement                                                Year                                        Points

                                                                        Total Points Section B2 Max 20__________________


PROFESSIONAL RECOGNITION POINT TOTAL Max 40_________ (B)


C. EDUCATION
1.  EDUCATION (CUMULATIVE) - Please attach copies of degree (s).  Associates – 6 points; Bachelors – 10 points;
Advanced Degree – 10 points.  Maximum credit = 30 points
__________________________________________________________________________________________________
College/University Attended                                Degree                        Years Attended                        Points

__________________________________________________________________________________________________
College/University Attended                                Degree                        Years Attended                        Points

                                                                        
Total Points Section C1 Max 30 ______________

2.  INDUSTRY EDUCATION
 Minimum credit required = 20 points

a.  Mortgage Bankers Association of America’s School of Mortgage Banking
   Course I = 10 points, Course II = 10 points, and  Course III = 25 points.

                   
__________________________________________________________________________________________________
     MBA Course Name                                                        Year                                        Points
                                                                        Total Points Section C2a  Max __________________

b.  Mortgage Bankers Association of America’s CampusMBA
   Self-study and classroom = 2 points each, audio = 1 point each.  
   __________________________________________________________________________________________________
     Course Name                        Self-Study, Classroom, or Audio?                Year                                Points
   __________________________________________________________________________________________________
     Course Name                        Self-Study, Classroom, or Audio?                Year                                Points
                                                                        Total Points Section C2b________________________

c. Vermont Mortgage Bankers Association Seminars or School of Mortgage Banking (SOMB)
SOMB Course I and II = 10 points each; Course I and II Individual Classes = 1 point each; Course I and II Instructors = 2 points per class taught.  
VMBA Educational Seminars = 1 point each for ½ Day (min. 2 hr) Session.  Full Day Educational Program = 2 points.  Program Speakers receive 2
points per ½ Day Session.
   
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                   Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                   Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                   Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                  Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                  Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                  Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                  Date of Program                                Points
   __________________________________________________________________________________________________
     Name of VMBA Educational Program                                  Date of Program                                Points
  
Fraud Education – 1/2 day (2 hrs min) Educational Session in Fraud Prevention class is required.   1 Point Required

  __________________________________________________________________________________________________
     Name of  Fraud Educational Program                                 Date of Program                                Points

                                                                       Total Points Section C2c_______________________
d.  Other Educational Programs      
Maximum credit = 20 points
Real estate finance or mortgage related courses from other institutions or training consultants may be eligible for points, such as
your firm’s, Center for Financial Training, Vermont Housing Finance Authority, government, appraisal, title insurance, and Realtor
courses. Courses must be real estate finance related.  Please complete the information below.  

Point(s) for eligible sessions are awarded based upon the scale of ½ day (min. 2 hrs) = 1 point.  Full day = 2 points.

Name of Educational Program        
Organization Offering Program        
Length of Program/ # Hours                
Name of Instructor        
Exam Required?        
Final Grade        
Comments you would like us to consider        

Points Requested:______________     

Name of Educational Program        
Organization Offering Program        
Length of Program/ # Hours                
Name of Instructor        
Exam Required?        
Final Grade        
Comments you would like us to consider        


Points Requested        

Name of Educational Program        
Organization Offering Program        
Length of Program/ # Hours                
Name of Instructor        
Exam Required?        
Final Grade        
Comments you would like us to consider        


Points Requested        

                                                                        
Total Points Section C2d Max 20 _________________


EDUCATION POINT TOTAL,  MINIMUM 20 POINTS ______________ (C)

D. PARTICIPATION

1. VERMONT MORTGAGE BANKERS ASSOCIATION PARTICIPATION  
Minimum credits required = 40 points; Maximum credits = 75 points
VMBA Member = 5 points per year; NH Joint Mortgage Conference = 5 points per year; VMBA President = 10 points; Board     of Governors = 7 points per
year; Committee Chair = 4 points per year; Committee Member = 2 points per year; Annual  Meeting = 2 points per year; Social Function = 1 point per
event; New England Mortgage Banking Conference or MBAA National Conference = 5 points per year.
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points        
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points        
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points        
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points        
_____________________________________________________________________________________________________
Name of VMBA Event                                                Date of Program                                        Points        

                                                                
Total Points Section D1, Min 40, Max 75__________________

2.        PROFESSIONAL MEMBERSHIP IN OTHER ORGANIZATIONS  
   Maximum credit = 40 points
Must be actively participating for a minimum of one year.  Membership of your employer, without active participation on your part does not count.  Other
organizations may include; Vermont Association of Realtors, Mortgage Bankers Association of America, New Hampshire Bankers Association, Home
Builders & Remodelers Association, Appraisal Institute – Vermont Chapter, Vermont Bar Association. (5 points each max – not per year)

__________________________________                  _____________________               ____________________
Name of Organization                                                                 Participating Years                                Points
Describe your involvement

:______________________________________________________________________________________________________


__________________________________                  _____________________               ____________________
Name of Organization                                                                   Participating Years                                Points
Describe your involvement
:
_______________________________________________________________________________________________________

__________________________________                  _____________________               ____________________
Name of Organization                                                                    Participating Years                                Points
Describe your involvement:

______________________________________________________________________________________________________


__________________________________                  _____________________               ____________________
Name of Organization                                                                     Participating Years                                Points
Describe your involvement:

_____________________________________________________________________________________________________


                                                                       
 Total Points Section D2 Max 40________________

3.  SUPPLEMENTAL ACTIVITIES
(Not your Employment – Generally these are Community, Housing Related Activities)      Maximum credit = 20
points.  (Speaking, teaching, serving on boards or committees in a real estate or mortgage finance related activity.  Point(s) determined by VMBA
education committee, based upon scale of: Teaching = 2 pts/class, Board service = 5 pts/yr)                           
 

____________________________________________________________________________________________________
Name of Organization                        Activity                                                                Points Requested
_____________________________________________________________________________________________________
Name of Organization                        Activity                                                                Points Requested
                                                                        Total Points Section D3 Max 20__________________


4.  VMBA MEMBER RECRUITMENT   5 points per firm
_____________________________________________________________________________________________________
Name of Company                Address                                Phone/Email                                Points
_____________________________________________________________________________________________________
Name of Company                Address                                Phone/Email                                Points
                                                                        
Total Points Section D4 ________________________


                                          PARTICIPATION POINT TOTAL MINIMUM 40 POINTS ___________(D)        






SUMMARY
                                                                       POINTS: A _________ Max 145
                                                                                        B _________ Max 40
                                                                                        C _________ Min 20
                                                                                        D _________ Min 40

                                                                        TOTAL POINTS _____________ Min 150



CANONS OF ETHICS AND STANDARDS OF PRACTICE

PREAMBLE

WHEREAS, the purposes for which the Vermont Mortgage Bankers Association was organized are:

"To promote the welfare of the mortgage banking system in the State of Vermont and to improve its services to the community.  To
encourage among its members sound business practices in the organization, distribution, and servicing of real estate mortgage
loans.  To sponsor meetings for the discussion of real estate mortgage problems and to sponsor educational and research
projects designed to alleviate those problems.  To cooperate with public and private agencies and the public at large in all matters
relating to sound mortgage banking with the objective of strengthening the economic base of the community."

WHEREAS, the Members of this association are mindful that the soundness, usefulness, prosperity, and future of Mortgage
Banking depend upon the honor, integrity, and the fidelity of all personnel engaged in this business.

THEREFORE, BE IT RESOLVED that each Member of this Association pledges to observe and maintain the following standards of
conduct in dealing with the public and with other members:

CANON 1
Members shall conduct their business in a professional manner, ensuring that their personnel are knowledgeable in the areas of
mortgage banking in which they participate and are acting in compliance with sound industry practices.

CANON 2
Members shall act in conformity with applicable laws and regulations and shall cooperate in every appropriate way with all
governmental bodies in the interest of establishing and maintaining an efficient and fair framework for mortgage credit.

CANON 3
Members shall act in a manner that recognizes that integrity and confidence are essential in the mortgage banking business.

CANON 4  
Members shall not breach or void an executed agreement or commitment.

CANON 5
Members shall encourage healthy competition in the mortgage banking business.

CANON 7
Members shall preserve the integrity of all parts of a loan submission and appraisal report and make full disclosure of all pertinent
facts including any interest they may have in the loan project or property.

CANON 8  
Members shall not quote to a prospective borrower interest rates or other loan terms which are not likely of realization.

CANON 9  
Members shall make all reasonable efforts to process loan applications and advise applicants of approval or disapproval promptly
and to close and disburse in a timely manner.

CANON 10
Members shall use all efforts available in servicing investments entrusted to their care to effectively discharge their obligations to
both investor and debtor.

CANON 11  
Members shall maintain all monies which are received as escrow reserve or impound accounts in a prudent and identifiable
manner and shall disburse these funds for the purpose for which they were received.

CANON 12  
Members shall cooperate with the Ethics and Standards of Practice Committee in furnishing information relative to any
investigation of a possible violation of the Canons of Ethics and Standards of Practice.

Violations of, and complaints concerning, the Code of Ethics shall be filed with the Ethics Committee.


I attest that the above information provided on this application for the VMBA CMP is accurate to the best of my knowledge and that
I agree with the Vermont Mortgage Bankers Association Cannons of Ethics and Standards of Practice.

Signature:  _______________________________________________                        Date: ____________________________
DOWNLOAD APPLICATION AS WORD DOC

VERMONT MORTGAGE BANKERS ASSOCIATION
Application and Personal Point Audit

CMP
Certified Mortgage Professional
Send completed application and all supporting material to the VMBA.
Application may be submitted when candidate has met 75 points.