The Alabama Mortgage Professionals Association is a nonprofit organization that was formed to promote economic growth which is the aspirations for families seeking sound financing for their goals and personal pursuits.
AMPA shall encourage and train its members to maintain highly professional and ethical business through education and emphasis on integrity in all aspects of business. Such commitments will enhance the value of our industry to each individual customer and throughout the entire community.
There are many benefits to being a member of the Alabama Mortgage Professionals Association. The association provides you with continuing education, networking opportunities, and the latest legal information that could affect mortgage brokers. AMPA is committed to a continuing effort to provide as many member discounts as possible.
AMPA puts on education classes in all areas of the state in an attempt to make getting your NMLS required continuing education hours as convenient as possible. In addition to continuing education, AMPA also holds luncheons and some social functions throughout the year to provide you with current industry news and great networking opportunities. AMPA also keeps you alerted to changes and potential changes in the state and federal regulations and policies. The association has enjoyed a good relationship with the Alabama State Banking Department and elected state officials. This, along with help from NAMB, allows us to get your opinions to our governing bodies.
AMPA currently has an online education discount with MEC. Look under online education on the website. Contact your account representative for details on your member discount. NAMB offers several affiliate discounts to its members. The association continues to look to establish more discount programs, including the most requested benefit Health Insurance.
Meetings and Conventions
AMPA holds several luncheons and meetings through out the state of Alabama each year. Each meeting has a speaker and usually a luncheon sponsor. This is a great way to keep in touch with what is going on at the state level as well as on the national front. The meetings also offer great networking opportunities with all of our affiliate members. Learn about new programs, who has the best rates, where you can place that “special” deal, or who has the quickest underwriting times.
AMPA’s website offers current information on the state and national level. You can submit your membership application or renewal online, as well as register for education classes or luncheons. There is a calendar of events and a complete listing of all the board members. In addition to AMPA’s website, members also have access to NAMB’s website at www.namb.org.
AMPA offers the designation of Alabama Residential Mortgage Lender. This designation separates you from the competition. To obtain your ARML designation, review the process at www.almba.org/compliance.cfm. NAMB offers two designations for mortgage brokers, The CRMS (Certified Residential Mortgage Specialist) and the CMC (Certified Mortgage Consultant). These certifications are national certifications and allow you to demonstrate your knowledge and commitment to the industry. More information on qualifying for these certifications is available at the NAMB website, www.namb.org under Certifications.
AMPA stays in tune with all current legislative matters that could affect mortgage brokers in our state through our legislative committee. In addition to staying tune to state issues, we also keep abreast of national issues through NAMB. This is one of the most important benefits of the association. Making sure potentially damaging legislation does not make it through, or through our support of good legislation, AMPA represents our interest on both the state and national level. Two very important funds have been setup to help our political concerns. AMPA PAC Fund was setup to make funds available to help support candidates who favor our position. This fund is very important, so please contribute to it. The NAMB PAC fund is a similar type fund, which represents our interest on the national front. This fund is equally important if not more important. Mortgage Brokers have many elected officials that support us. They must have our support in order to ensure someone is looking out for our interests.