Mike Lesmeister Earns Certified Mortgage Planning Specialist (CMPS) Designation

Feb. 27, 2010 - PRLog -- Mike Lesmeister, a Mortgage Planner and Managing Partner with Home Loan Specialists, Inc., has passed the qualifying exams to earn the Certified Mortgage Planning Specialist (CMPS®) designation granted by the CMPS Institute. The CMPS Institute is a training and certifying organization created to help mortgage professionals integrate financial planning concepts into the mortgage process. CMPS designees can offer clients strategies that encompass mortgages, debt, home equity and real estate investments and often work in conjunction with Financial Planners, Attorneys, and CPA’s to help clients achieve their financial goals.

“My focus is to help clients in Houston, The Woodlands, and Spring, TX build and protect wealth by better managing their home equity and personal cash flow,” said Mike Lesmeister.

Many homeowners have become frustrated and confused with the myriad of choices in today’s mortgage market and the lack of both ethics and financial knowledge among many mortgage providers.  The CMPS Institute (http://www.cmpsinstitute.org) is a joint effort by leaders in the mortgage and financial planning industries to raise professional standards among mortgage professionals and integrate sound financial planning advice into the mortgage process.  

Life expectancy is higher than ever before, health costs are skyrocketing, pensions are shrinking, social security is not secure, and many Americans are facing foreclosure or potentially devastating interest rate adjustments. These signs point to the fact that home owners and buyers need expert advice on how to manage their mortgage, cash flow and home equity.  

This trend toward expert mortgage advice is growing in popularity.  “A mortgage professional who dedicates the time and effort to learn about these financial concepts is much more qualified, committed and equipped to serve the complex needs of today’s home owner and buyer,” says Gibran Nicholas, Chairman of the CMPS Institute.

The CMPS curriculum incorporates five essential skill sets including:
•   Financial market and interest rate analysis
•   Cash flow analysis and debt analysis
•   Real estate investment analysis
•   Mortgage and real estate taxation
•   Ethics and compliance

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Home Loan Specialists, Inc. (http://www.hlstx.com) is a Houston, TX-based, BBB accredited, mortgage lender specializing in low rate home loans and mortgage refinancing. The firm offers fixed conventional, FHA, VA, USDA, Jumbo, and First Time Homebuyer programs.