September 2007 - Interest Notes

The Value of the CML Designation

Faced with the challenges today, it’s more important than ever to do business with those who know the business of mortgage lending – those who have made a long-term commitment to education and to staying abreast of the issues that are before us.

CMLA lender members - meaning mortgage bankers and brokers - demonstrate their commitment to integrity-based lending through voluntary membership with CMLA and by abiding by the association's Code of Ethics. CMLA members are encouraged to have ongoing involvement in educational events and community initiatives. Lenders who have industry experience and who have demonstrated professional aptitude can apply for and may obtain the designation Certified Mortgage Lender (CML). In order to receive the CML designation, an applicant must have been in the mortgage industry for at leasat two years and certify that they have not been convicted of a felony and that they are not listed on the Fannie Mae Excluded Parties List or HUD Limited Denial of Participation (LDP) lists.

When consumers do business with a CMLA member, they can feel confident that they'll have a professional lending experience. Taking that a step further, doing business with an individual who is a Certified Mortgage Lender (CML) indicates a desire to do business with a documented professional who strives to earn repeat and referral business through long term relationships with his or her customers. Reputable lenders will provide quality services at competitive prices.

CMLA encourages consumers to include CMLA members in their shopping efforts, especially those individuals who hold the designation Certified Mortgage Lender. If you want to set yourself apart, apply for your Certified Mortgage Lender designation today!

Click here to download CML application

Click here to view a list of current Certified Mortgage Lenders

If you currently hold the CML designation, the CMLA has an informative brochure that outlines why consumers, Realtors and builders should do business with a Certified Mortgage Lender. Contact Charlotte O’Donnell at the CMLA at (303) 773-9565 x.3 to order your brochures today.

CONGRATULATIONS NEW AND RENEWING CERTIFIED MORTGAGE LENDERS!

Denver Area CMLs

Carol Peterson, Crestline Mortgage; Terry Jones, Cherry Creek Mortgage Company; Tom Kimball, Land Title Guaranty Company; Denise Wing, Academy National Mortgage Corporation; Monnie Elliott, Clarion Mortgage Capital; Stacey Harding, Cherry Creek Mortgage Company

Southern Chapter Certified Mortgage Lenders

Jon Paukovich, Southern Chapter First Officer (far left) and Lonnie Burkholder, Southern Chapter Second Officer (far right) congratulate new CMLs Richard Phillips, CB&T Mortgage; Diane McNulty, Peoples Mortgage Corporation; Sally Frisby, Peoples Mortgage Corporation