Mortgage Based Financial Planning™, The Financial Planning Specialty That Really Hits Home!
MIFSP currently confers two mortgage specialist designations designed to match the candidate's particular professional background and educational experience: Residential Mortgage Planner RMPÒ and Certified Mortgage Evaluator CMETM financial service designations depending on the candidate's preference, suitability, experience, and qualifications. Application and proof of experience, licensing, and education, as specified, are a prerequisite for registering for the workshop or coursework.
A MIFSP designation is conferred after completion of the course of study, passing a comprehensive examination, and meeting all other conferment requirements. You must also agree to abide by the MIFSP Code of Conduct, commit to continuing education, and adhere to high ethical standards. You are encouraged to maintain membership in the National Association of Independent Mortgage Service Providers and/or the International Association of Residential Mortgage Planners. No recurring annual fee is required to maintain your MIFSP designation.
Qualified FSPs who satisfy the requirements for conferment are positioned and enabled to leverage the power of their existing client relationships into new or renewed win-win relationships. Graduates can couple their newly acquired designation, commitment to service and knowledge of the mortgage business with the financial goals and objectives of their clients to advise their clients in making more informed mortgage decisions. Financial planners can also use knowledge obtained through these educational programs to further develop their clients overall financial plan, whether it be a comprehensive or modular Mortgage Based Financial Plan™.
Candidates for these designations must attend the course workshop or complete the self-study course, both of which include study material related to these areas: Ethics & Fair Disclosure in Mortgage Based Financial Planning™, the Mortgage Portfolio Theory™, the Mortgage Optimization Theory™, Weighing Prepaying the Mortgage, Aligning Mortgage Decisions With General Financial Goals & Objectives, Implementing & Monitoring the Mortgage Based Financial Plan™ or Marketing MO™ Brand Financial Services.
Graduates will be:
* Helping to shape the future of the financial services industry by providing consumers a service that has never been provided before.
* Applying what you've learned in your professional practice right away.
* Increasing your fee-only income, whether you currently work on a commission or fee only basis.
* Increasing your knowledge of the mortgage industry relative to your existing financial services practice and/or applying your mortgage knowledge in a new way.
* Complementing your existing financial services practice whether its mortgage banking/origination, accounting, real estate, insurance, financial planning, investment adviser, etc.
* Creating new business from existing clients.
* Discussing factors beyond rates more intelligently and competently when your clients seek advice on what maybe their single largest purchase, holding or debt.
* Enabling you to be part of the self-regulatory process in the mortgage and financial services community.
RMPÒ designees are the only financial services professionals able to provide Mortgage Based Financial Planning™ Services.
CME designees are the only financial services professionals able to provide MO™ Brand Financial Services or to act in the capacity of a Mortgagor Financial Representative (MFR™). If acting in the capacity of a Mortgagor Financial Representative™, CME designees maintain a fiduciary relationship throughout the MFR™ Engagement and are committed to upholding the client's interest above all others.
Residential Mortgage Planner Ò
Certified Mortgage Evaluator ™
