PEMI®-Certified Chartered Professionals: Trusted for Financial Predator Avoidance

Attention Borrowers

Looking for a non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt, free trading also known as Peer-to-Peer (P2P)/Private/Crypto/Secret/Shadow issuer of private mortgages?

Or a mortgage broker that is Licensed to Beat or Bypass® the Banking System? Very few companies in the global finance industry are qualified to provide this service. Look for the PEMI®-Certified or Charter designation or logo to identify one.

The hallmark of quality and professionalism in the Tier 2 mortgage industry.

Borrower Be Aware!(TM) - Use a PEMI®-Certified Professional for Financial Predator Avoidance in Private Equity Mortgage Transactions

Avoid "financial predators"; only accept "private" mortgage commitments issued by a PEMI®-Certified Private Equity Mortgage Investor-Lender, Banker or Broker. Don't lose your home to financial predator's; an educated borrower is the financial predator's weakness.

Learn more about PEMI®'s Borrower Be AwareTM Program.

Why does this matter?

Unregulated Transactions

Because when banks, institutions and regulated lenders cannot help, private mortgage lenders can; and in this industry, "anything goes" - so private mortgage borrowers and investor-lenders need to be careful who they do business with. Private mortgage transactions have the ability to be very risky, when not prepared correctly - for both borrowers and investor-lenders.

Many professional liability insurers have paid out millions of dollars in claims because inexperienced, fraudulent or negligent mortgage brokers have made grievous errors and omissions which has had a material, negative monetary affect on their mortgage customers (both borrowers and investors-lenders) and caused a lawsuit against them and their mortgage broker as a result. Mortgage customers (both borrowers and investors-lenders) have lost property, money and piece of mind because an unqualified mortgage broker failed to transact a private mortgage transaction properly.

In many cases, errors and omissions coverage does not help the consumer because the transaction was fraudulent by nature, caused by a financial predator (investor-lender (predatory lender), banker or broker). The PEMI® BorrowSafe Program helps to address this risk.

Absence of Recourse

The worst thing for a private mortgage customer is to have a mortgage broker who is not even insured for negligence! There as some mistakes that a mortgage broker can make that won't even be insured by professional liability insurance because it is deemed as fraud. One example is if the mortgage broker were to practice "out-of-jurisdiction" and then make a mistake on the mortgage transaction. Insurers will not cover claims of this nature since is beyond the scope of the original liability coverage.

Absence of Trust

Some so-called "private lender's" and mortgage broker's choose not to provide proof of their ability or proof that they are serious about the business, which means they do not have measures in place to protect your private personal and financial information from getting in to the wrong hands. The so-called "private lender" might work with brokers or middle-men who do not represent the borrower's best interest but don't let the borrower know about this. Or, they can't provide evidence that they have training on how to market the private loan transactions. Consumers need to educate themselves on such matters.

Honor Commitment

ALL PEMI®-Certified Chartered Private Equity Mortgage Brokers are expected to honor ALL unconditional commitments. The trademark term of MQCC, developer of the CBQMS which powers the PEM® Industry: "If we commit, we fund™".

PEMI®-Certified Chartered Private Equity Mortgage Broker (C-PEM®-B)

Only a PEMI®-Certified Private Equity Mortgage Broker is Licensed to Beat or Bypass® traditional, bank, institutional and regulated lending sources. Namely, trade in private equity mortgage instruments.

The Private Equity Mortgage Institute's Certified Chartered Private Equity Mortgage Broker designation is the highest standard of qualification and professionalism within the Tier 2 mortgage industry.

About the C-PEM®-B Designation

The Certified Chartered Private Equity Mortgage Broker (C-PEM®-B) designation helps to address these concerns because it is the best way to determine if your licensed mortgage broker is truly licensed, trained and insured to trade in private mortgages.

Learn more about: Benefits of Mortgage Broker Certification

Designations are issued to mortgages brokerages that provide evidence of the following:

>> an Errors & Omissions policy that covers their private mortgage activity

>> at least 55% of their annual origination business volume are private mortgage transactions

>> implemented a certified quality management system

>> implemented a Sarbanes-Oxley level of internal controls

>> established a routine of ad hoc, internal audits and at least 2 third-party operation audits per year

>> act primarily for non-bank, non-institutional, non-syndicated, non-regulated or regulatory exempt and free trading private equity mortgage lenders

PEMI®-Certified Qualified Private Equity Mortgage Advisor (Q-PEM®-A)

Only a PEMI®-Certified Qualified Private Equity Mortgage Advisor is specially trained to have the expertise to provide private equity mortgage solutions.

The Private Equity Mortgage Institute's Qualified Private Equity Mortgage Advisor designation is the highest standard of qualification and professionalism within the Tier 2 mortgage industry.

About the Q-PEM®-A Designation

The Qualified Private Equity Mortgage Advisor (Q-PEM®-A) designation is gives private mortgage borrowers, investors, lenders and stakeholders the confidence in knowing that the person understands and has the skills to work in the private mortgage sector.

Licensed Mortgage Brokers, Sub-Brokers, Agents: Are you Qualified? Click here to start your qualification process.

Licensed Mortgage Brokers doing more than 55% private mortgage business volume: Are you seeking your own Charter? Click here to start your qualification process.

Register of Certified Private Equity Mortgage Professionals (CPEMP)®

The above licensed mortgage broker firms are Certified Private Equity Mortgage Brokers and employee Qualified Private Equity Mortgage Advisors.