MEMBERSHIP CLASSIFICATIONS

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Regular Membership

Your firm should apply for Regular membership if it is a business organization or financial institution that (1) originates mortgage loans or other forms of real estate finance for sale to others, (2) services mortgage loans or other forms of real estate finance for others or (3) originates or invests in mortgage loans or other types of real estate finance for its own investment portfolio.

Depository institutions such as commercial banks, savings and loan associations and savings banks are eligible for Regular memberships.

Associate Membership

Your firm should apply for Associate membership if it is a business organization that regularly provides support services for business organizations or financial institutions that are eligible for Regular membership.

Non-Profit Agency Associate Membership  

Your agency should apply for Non-Profit Agency Associate Membership if it is a governmental agency, (state, county, city or local ) that regularly and by established policy is involved in any aspect of the mortgage lending process or does work with mortgage financing issues. 

Affiliate Membership

Your firm should apply for Affiliate membership if you are a business that provides or sells products to mortgage banking members.

Individual Membership

A person should apply for Individual membership if he/she is an employee or principal of a  firm  that would otherwise qualify for regular, associate or affiliate membership, but does not choose to do so. Individual membership is non-voting.

APPLICATION AND DUES STRUCTURE

An application form for either Regular, Associate, Non-Profit Agency Associate,  Affiliate, or Individual membership should be completed and returned to the MBAC office in Mount Pleasant. All applicants must provide the names of two MBAC members willing to sponsor the applicant. In addition, any firm applying for Regular membership must provide resumes' of the managing partners. Individual membership applications must be accompanied by the references and a resume of the person covering at least the last five (5) years of experience.

All applications are reviewed by the Membership Committee and submitted to the MBAC Board of Directors for final approval.

 

he applications to become individual, associate, affiliate, or regular members of the MBAC can by downloaded by clicking on the following links. You must have Adobe Acrobat Reader to view or print the applications. Adobe Acrobat Reader can be downloaded for free at:
Adobe's Website   

 

Regular Membership

Associate/Affiliate Membership

Non-Profit Affiliate Membership

Individual Membership