AMP After a Mortgage Brokers Name-- What Does That Mean?

If you have been searching for a mortgage broker you may have come across the same 3 letters beside some of the mortgage brokers you have researched.

AMP stands for Accredited Mortgage Professional.

Below is the explanation from CAAMP's website:

The Accredited Mortgage Professional (AMP) is the only national designation for Canada’s mortgage industry. Launched in 2004, the AMP designation was developed as part of CAAMP’s ongoing commitment to increasing the level of professionalism in Canada’s mortgage industry.
An increasing number of Canadian mortgage consumers are becoming more aware of the AMP designation and are increasingly seeking the advice of an Accredited Mortgage Professional.
The AMP sets a single national proficiency standard for mortgage professionals
http://mortgageconsumer.org/what-is-the-amp-designation

Why Use a Mortgage Broker That is an AMP:

Below is the explanation from CAAMP's website:

The biggest investment decision of your life just got easier!
The AMP designation differentiates mortgage professionals from others in the mortgage industry. It demonstrates their commitment to providing you with the highest level of service.
Purchasing a home is one of the most important investments of your life so you want to proceed with confidence.
Look for the expertise of an Accredited Mortgage Professional (AMP). AMPs are committed to finding mortgage products and services that best suit your needs.
You can feel confident when dealing with a mortgage professional who has met a high standard of ethics and is committed to ongoing training. AMPs are dedicated to offering in-depth product knowledge and service and most importantly, an AMP will provide a tailored solution for your unique financing needs.
The AMP represents access to the dedicated services of a professional who is focused on meeting your needs.  http://mortgageconsumer.org/benefits-of-using-an-amp


In summary-- an AMP must maintain a certain goal of completing ongoing training each and every year to keep their designation.  Which means that when receiving services from an AMP you know that their knowledge is up to date with the industry standards.  Ethics and customer satisfaction is a key element for an AMP.


Thank you
Angela Kroemer AMP
 Mortgage Professional
1.888.679.0190
akroemer@mortgagegroup.com
www.ComoxValleyMortgagesToday.com
TMG The Mortgage Group Canada Inc.