TUSTIN, Calif., July 12, 2016 /PRNewswire/ -- New American Funding, a national mortgage banker, today announces that Ellen Skaggs, Reverse National Production Manager has earned the status of Certified Reverse Mortgage Professional (CRMP). National Reverse Mortgage Lenders Association (NRMLA) awarded the certification to Skaggs after she passed a rigorous exam and background check, thereby demonstrating a competency in the area of reverse mortgages and a dedication to uphold the highest ethical and professional standards. Only 132 individuals nationwide currently have the CRMP credential.
To qualify for the designation, applicants must have originated reverse mortgages for a minimum of three years or personally closed at least 50 loans, earned 12 continuing education credits, completed NRMLA's Ethics Course, passed a comprehensive exam, and a background check. The certification is valid for three years, during which time designees must earn 8 CE credits annually to be re-certified.
"Being one of 132 people nationwide to have achieved this milestone is a testament to my commitment to reverse mortgages," says Skaggs. "The process involved to receive this professional designation was long and arduous and adds to the level of expertise maintained by myself and the firm."
With over 30 years of experience closing over 3,500 loans in the mortgage banking industry, Skaggs is an expert in Reverse, FHA, VA, and Conventional loans for both purchase and refinance. Skaggs focuses on helping seniors fund their retirement using a Reverse Mortgage. As Reverse National Sales Manager at New American Funding and Chairwoman of the local chapter of the NAIPC (National Aging-In-Place Council), Skaggs's passion is educating the public about the benefits of Reverse Mortgages and what they can accomplish.
About New American Funding
New American Funding is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement and VA Automatic mortgage lender. The company is licensed in multiple states across the nation, has over 100 branch locations and offers a variety of purchase home loan and refinance loan options, including: Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages.
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SOURCE New American Funding