What is NCAMP? | The Advantages of Using a Mortgage Professional

Mortgage professionals are real estate finance professionals who uphold the highest standards for operating, competing, and serving the consumer for mortgage services in North Carolina. Mortgage Professionals will not compromise their code of ethics for profit. A mortgage professional not only operates within the requirements of North Carolina banking rules but works in concert with the Banking Commission to adopt regulation for improving the industry. Mortgage professionals who are licensed in the state of North Carolina are authorized to conduct business anywhere within the state.

A Mortgage Professional's objective is to provide a value to the consumer by offering more competitive rates, better service and less cost. The mortgage professional's alliance with a number of major investors affords a wide range of products for fulfilling practically any request. Membership in the North Carolina Association of Mortgage Professionals and the National Association of Mortgage Brokers provides member support for continuing education to keep the mortgage professional on the leading edge of current trends in the industry.

The mortgage professional's key role is to search the market for lenders that provide a variety of mortgage products at the most competitive rates. A contractual relationship between the mortgage professional and numerous lenders may exist for meeting the competitive demands of the consumer. The mortgage professional participates in origination, processing, and arranging the closing of the loan.

There are three essential areas of the mortgage process that the mortgage professional will focus on for performing a valued service. These include:

• The most competitive rate
• Competitive closing costs
• Excellent service