Certified Reverse Mortgage Advisor™ (CRMA)

Are you searching for reverse mortgage marketing information or how to increase your reverse mortgage opportunity for sales? Perhaps you're thinking about getting into the business and wish to learn more about reverse mortgage jobs or reverse mortgage employment opportunities?

Bank Training Center offers Reverse Mortgage training and certification courses for those individuals interested in succeeding in the reverse mortgage industry.

Whether you're a seasoned reverse mortgage professional or presently seeking reverse mortgage jobs and employment opportunities, additional training or advanced certification ultimately will help you in your reverse mortgage marketing efforts.

One of the best ways to gain exposure in your reverse mortgage marketing efforts is to demonstrate your commitment to knowledge about reverse mortgages, exemplified by earning the prestigious Certified Reverse Mortgage Advisor™ (CRMA) designation.

Becoming a Certified Reverse Mortgage Advisor

The Certified Reverse Mortgage Advisor (CRMA) designation is the undisputed industry credential for those professionals who wish to present seniors with the reverse mortgage opportunity as a potential solution for their personal financial situation.

The CRMA designation signifies that these professionals have attained comprehensive knowledge pertaining to current information about the Reverse Mortgage opportunity, product particulars and suitability concerns.

Curriculum

Offered in a convenient online format, candidates must complete the following course curriculum:

Chapter 1. Introduction to Reverse Mortgages
Chapter 2. Borrower Counseling
Chapter 3. Property Analysis
Chapter 4. Mortgage Credit Analysis
Chapter 5. Calculation of Payments
Chapter 6. Closing and Endorsement
Chapter 7. Payment of Mortgage Insurance Premiums
Chapter 8. Assignments
Chapter 9. HUD Servicing

Examination Requirements

Candidates are required to pass an online certification exam at the conclusion of their studies. The exam consists of 100-questions, and is an untimed computer-administered exam. A score of 70% or better is required to receive your CRMA™ Certificate; retakes are available if necessary. No additional exam fees apply.

Additional Requirements

Candidates must adhere to the Code of Ethics and Professional Responsibility and pass a background check. Issues such as past/pending litigation or agency proceedings must be disclosed, and designees also must agree to abide by CRMA™ Board's Code of Ethics and Professional Conduct. Any required licensing will also be verified.

Ongoing Requirements

Certification is valid for one year. Designees are not required to complete Continuing Education credits to maintain their designation; however, there is an annual re-certification test that is administered covering any industry or legislative changes in the Reverse Mortgage market. Designees also must remit an annual re-certification fee of $150.

Recommended Courses & Available Training Options

Bank Training Center provides the online curriculum for earning the CRMA designation. Simply select the recommended course below, or search under "Licensing/Designations" in the following search box for "CRMA - Certified Reverse Mortgage Advisor".

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Certified Reverse Mortgage Advisor Designation

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