PRE-APPLICATION QUALIFICATIONS
The designation will be conferred upon an office and not individuals.
Brokers and lenders maintaining their corporate offices in NC will be required to meet accreditation standards for all offices doing business in North Carolina.
Branch offices with headquarters outside North Carolina can be designated but are required to have corporate approval agreeing with the standards set forth in the accreditation.
All licensed LOs in the company are required to be members of the NCAMP.
Applicants can have no pending mortgage related litigation or unresolved action before the NC Commissioner of Banks (COB).
One third of all LOs will be required to currently hold or be enrolled in a NAMB certification program. These include, CMC, CRMS, and GMA.

APPLICATION
Once received the association office will research the applicant and confirm the following:
License of company and LOs are current.
Updates on principal and LOs.
No pending action with the NCCOB
Confirm for corporate entities that all filings with the NC Secretary of State are current
All LOs are members of NCAMP
Status of LO certifications (NAMB designations)
Application will be passed to the Peer Review Committee
The broker/lender will have six months to satisfy all requirements for accreditation.

QUALIFICATION PROCESS
The broker/lender will implement all requirements of the accreditation program into the business.

Best Business Practices: The broker/lender will make certain that the policy is communicated to LOs and staff and that a copy is in each office.

Ethics Program: The broker/lender will meet with the LOs and assist them in developing a personal ethics plan using the materials provided by NCAMP.

Fair Lending Policy: The broker/lender will adopt a fair lending policy constant with their company and communicate this to his staff.

Privacy Policy: The broker/lender will adopt a privacy policy consistent with all state and federal laws for use in his office and communicate its provisions to the staff.

Security Policy: Policy: The broker/lender will adopt a security policy consistent with all state and federal laws for use in his office and communicate its provisions to the staff.

Quality Control Program: The broker/lender will put in place a quality control program that will assist the broker/lender in independently determining the quality of loans brokered through his company.

Dispute Resolution Program: The broker/lender will agree, in writing, to the dispute resolution program adopted for the accreditation program.

Education Each LO will be required to obtain 12 hours of Continuing Education (CE) per year. This is defined as NCAMP approved courses.

The broker/lender will demonstrate to the Peer Review Committee in writing and verbally how these requirements have been met.

PEER REVIEW COMMITTEE
The Peer Review Committee will be established by the NCAMP Board of Directors and will be responsible for certifying the completion of the requirements necessary to attain the designation and enforce compliance during the year. This committee will be chaired by a member of the Board of Directors with all other members serving at the pleasure of the NCAMP Board of Directors. Decisions rendered by the Peer Review Committee can be appealed to the NCAMP Board of Directors and their decision will be final.

The committee will meet with candidates at a time and place designated by the committee to review the requirements presented and question the applicant regarding the process. The committee will then vote and by simple majority award the designation to the applicant.

At this time the applicant will be entitled to all consideration provided by the designation.
The designation is granted for a period of 12 months and will be required to be renewed on an annual basis.