Residential Certified Mortgage Banker (CMB)

Become a Certified Mortgage Banker (CMB) today.

Earning the CMB designation garners respect, credibility, ethics and achievement within real estate finance. This designation instantly places you at the top of our dynamic industry and makes you a part of the elite group that has achieved the highest level of professional success. 

Candidate Profile

  • Professional with a minimum of five years' experience in the real estate finance industry
  • Employed in the real estate finance industry

See a full list of CMBs designees here.

Requirements

Experience Level: Candidates should have five or more years in the real estate finance industry before they enroll in the Residential CMB Program. It is recommended that a candidate have seven or more years (25 points) to fully matriculate through the CMB program.

Prerequisites: None

Education Requirement:


Yes, a minimum of 35 points is required to complete the program.

Participation Requirement:


Yes, a minimum of 25 points is required to complete the program.

Written Exam:


Yes, a six-hour exam is conducted at the candidate's location by an approved proctor.

Oral Exam: Yes, a one-hour exam is conducted by CMB designee panel at locations across the country.

Continuing Education: None

The Residential CMB Process

  1. Enroll & Provide Documentation
    Enroll online or send in your completed Designation Enrollment Form via fax or mail and provide the following:
    • A copy of your resume or LinkedIn profile and your transcript update form
    • Letter of recommendation and two industry references
    • CMB Sponsor information
    • Photo of yourself

  2. Acquire 150 CMB Points
    Your 150 CMB points are made up of the following categories:
    • Professional Experience (Minimum: 25 points)
    • Documented Education (Minimum: 35 points)
    • Industry participation (Minimum: 25 points)

  3. Prepare & Meet With Your Sponsor
    Enrolling in the Residential CMB Prep Course is the best way to prepare for the Written and Oral Exam. Review the Written Exam outline with your CMB Sponsor.

  4. Take Your Online Written Exam & the Oral Exam
    Once your CMB Sponsor has confirmed your readiness to take the exam, schedule your online written exam by emailing Amber Lawrence at alawrence@mba.org or calling at 202-557-2766. After you pass your written exam, you participate in a one-hour oral exam.

  5. Graduate & Be Recognized
    Upon your graduation, you will receive your official plaque at the CMB Graduation Ceremony and Reception, held at MBA's Annual Convention each year. 

Residential CMB Costs

Registration Fee:

  • MBA Member: $350
  • Nonmember: $1,050

Exam Fee:

  • MBA Member: $350 
  • Nonmember: $1,050