CMPS is a training, examination, certification and ongoing membership program for financial professionals who provide mortgage and real estate equity advice.
You can be assured that a mortgage professional with CMPS credentials has met rigorous, peer-developed and reviewed standards endorsed by a national professional body. The CMPS Institute was formed as a joint effort by leaders in the mortgage and financial planning industries to raise professional standards among mortgage professionals and integrate sound financial planning advice into the mortgage process. Recognized for its preeminence within the industry, the CMPS curriculum represents the core knowledge expected of residential mortgage advisors, regardless of the diversity of specializations within the industry.
The CMPS curriculum incorporates five essential skill sets related to integrating a client’s mortgage, debt and home equity strategies into their overall financial plan. The curriculum includes:
- Financial Market and Interest Rate Analysis
- Cash Flow and Debt Analysis
- Real Estate Investment Planning
- Mortgage and Real Estate Taxation
- Ethics and Compliance
With such a wide range of subjects to be mastered, the education process doesn’t end once the designation is earned. There is a strong commitment among CMPS members to continuing education through advanced training, conference calls, seminars and self-study.
Do You Need a CMPS?
- CMPS professionals have demonstrated financial knowledge and expertise regarding the tax and financial planning implications of various mortgage and real estate investment strategies.
- CMPS Professionals can better advise you when it comes to:
- Your single largest debt-your mortgage
- Your single largest asset-your real estate equity
- Life Planning needs and cash flow goals
- CMPS Professionals are trained to help you increase your cash flow
- CMPS professionals are skilled in helping you become debt free sooner and achieve true financial freedom
- CMPS professionals are equipped to help you profitably invest in real estate, and protect you from mortgage and real estate investment scams
- CMPS professionals are qualified to help you implement mortgage and real estate equity strategies, which can help you save money on capital gains, estate and income taxes
- CMPS professionals are able to explain the benefits and drawbacks of paying off your mortgage before retirement, and help you to determine which strategy works best under your individual circumstances
- CMPS professionals can guide you in implementing the best home equity and mortgage strategies for divorce situations
- CMPS professionals can help you implement a financial strategy to finance a college education for your children
- CMPS professionals are equipped to better enable you to financially care for your elderly parents
- CMPS professionals are able to help you implement beneficial mortgage and real estate equity strategies before and during job or career changes
- CMPS professionals can help empower you to start a business or sell your business, by implementing viable mortgage and real estate equity strategies
- CMPS professionals are able to recommend the proper financial strategies when you are ready to buy or build a vacation home
- CMPS professionals have pledged to follow a code of ethics.
