Membership in AzAMP helps keep you educated and well-informed on everything happening in the mortgage industry.
Get involved, take control and help steer the industry into the future!
Code of Ethics
- AzAMP Members shall act in accordance with any laws, rules, regulations of the State of Arizona and in accordance with the Bylaws of the Arizona Association of Mortgage Professionals.
- AzAMP Members shall perform his business in a manner reflecting honor and integrity. He shall avoid and report fraudulent and unethical practices to the Arizona Association of Mortgage Professionals or the Arizona State Banking Department.
- AzAMP Members shall abide by generally accepted principles of real estate valuation when reporting to the investor regarding the valuation of the offered collateral for his loan.
- AzAMP Members shall advise the relevant parties of any equity interest he may have in the collateral offered as security for the mortgage loan.
- AzAMP Members shall not advise, advertise, or intimate terms and conditions not available and not likely to be made available.
- AzAMP Members shall attempt to put all agreements into written form, but shall abide by all agreements made by him whether written or oral.
- AzAMP Members shall maintain special accounts separate from his personal accounts for the deposit of trust or escrow funds.
- AzAMP Members shall not speak disparagingly of the business practices of his competitor or of a transaction being negotiated by a Disputes between members shall be resolved by decision of the Ethics, Grievance, and Arbitration Committee.competitor.
Rev 10/06