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What Does It Mean To Be A CRMP?

- Thursday, April 11, 2019
What Does It Mean To Be A CRMP?

CRMP stands for Certified Reverse Mortgage Professional.

A CRMP is a mortgage professional who has made a long-term commitment to use his or her experience and knowledge to serve older homeowners and is the highest designation a reverse mortgage professional can earn.

For most older homeowners, their biggest asset is the equity in their home.  CRMPs have the experience and training to consult and advise them and their trusted advisors (financial advisors attorneys, and family members), on the most prudent plan to utilize home equity for a sustainable retirement.

An Independent Certification Committee was formed by the Board of Directors of the National Reverse Mortgage Lenders Association (NRMLA) to provide independent oversight of the development and administration of the CRMP designation.   They established the following standards:


A CRMP Candidate must have a minimum of three years’ experience originating reverse mortgages or must have personally closed 50 or more reverse mortgage loans.


In order to become a CRMP, a candidate must have 12 hours of pre-exam education (in addition to normal state-required licensing) and must pass a rigorous knowledge and ethics examination.  Also, to maintain the CRMP designation, the CRMP must annually complete 8 hours of continuing education courses.


CRMP candidates must pass an initial comprehensive background check  (which is repeated every 3 years), and submit a letter of recommendation from a senior manager attesting to their character and qualifications.


A CRMP commits to and must practice, the Values in the NRMLA Code of Ethics which include Fairness, Diligence, and Professionalism.


A CRMP is someone who carefully listens to you, can reliably answer your questions in a way that’s easily understandable, does not rush you through the decision making process, and helps you identify the options that are sustainable solutions for your specific situation.


A CRMP commits to client satisfaction, emphasizes outstanding service from every member of their team, maintains a professional approach in every interaction, and responds to your inquiries in a timely manner.

Reverse Mortgages are a powerful and versatile financial tool and have been used by over one million homeowners to enhance financial security in retirement.  Like any financial product, reverse mortgages should be carefully considered before deciding whether to obtain one. 

When selecting a loan officer to work with, you should consider working with a professional who has earned the Certified Reverse Mortgage Professional designation. 

P.S. Just so you know, I’ve had my designation since 2015 and continue to earn it every day I help people enjoy a more satisfying and secure retirement.

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Bruce Simmons
I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.



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Contact Info

Bruce Simmons Reverse Mortgage Specialist

American Liberty Mortgage, Inc.
Bruce E. Simmons, CRMP
Reverse Mortgage Manager
NMLS #409914

1932 W 33rd Ave
Denver, CO 80211

Direct: (303) 467-7821
Cell: (303) 513-2748
Toll Free: 1-877-467-7801

Fax: (303) 600-7871

Licensing: Colorado LMB #100036937 // American Liberty Mortgage, Inc NMLS #1462
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