The five areas of study in GML coursework are:
The Evolution of Mortgage Lending, Major Legislation and Regulations, The Residential Loan Cycle, The Commercial Loan Cycle, and Ethics and Standards of Professional Practice.
The cost to register for the GML is $235 for NAPMW members and $335 for non-members.
Once you have received the GML designation, you are ready to proceed to the next level -- the Master of Mortgage Lending (MML). This is a prestigious designation that only a few people currently hold. The successful candidate will study the MML textbook and pass the mid-term and final exams. MML designees also must have 30 hours of CE Credit completed every years to maintain the designation.
Areas of study include:
Business Opportunities, Marketing Strategies, Technology, Business Relationships, Government Relationships, and Regulatory Compliance. The cost to register for the MML is $295 for NAPMW members and $395 for non-members.
Both courses are home study courses. Students are expected to complete the course in one year, however, many have completed each course in approximately six to eight months. A Mid-Term and a Final must be passed with a 75% or higher to complete each course. Tests are administered to students by an Institute approved proctor at a meeting scheduled by the student and proctor based on their schedules.
For more information regarding the Institute of Mortgage Lending please visit: