PRMI Adopts MBA Certified Underwriting Standard

Primary Residential Mortgage Inc., Salt Lake City, Utah, announced it will strengthen its underwriting process by enrolling their employees into the Certified Residential Underwriter Designation program (CRU) operated by the Mortgage Bankers Association.  

The program advances underwriter processes and efficiencies to create a smoother, quicker and more efficient loan process for all involved. It helps reduce error rates, increase productivity and teaches how to make better, more informed loan file decisions.  

“We are continuously looking for new opportunities and methods to improve the home loan process and working with the MBA was an easy decision on our part,” said Dave Zitting, CEO and president of PRMI. “We want to invest in our team members and their future and this program will provide them with the knowledge, tools and training courses to succeed.”  

MBA has worked with more than 500 underwriters nationwide since it began the CRU program in 2003. The progressive CRU curriculum establishes the standard for professional excellence and training in residential mortgage loan underwriting. Through its curriculum, students learn tangible skills to increase accuracy in underwriting and risk management.  

“PRMI has taken a strong leadership stand by enrolling its underwriters in the CRU designation program,” said Jeff Schummer, vice president of education development with MBA. “This designation is the industry ‘seal of quality’ for underwriting loans, and we’re thrilled to work with PRMI on extending and enhancing its use at their company and within the industry in general.”  

In addition, the CRU Designation is recognized by the Department of Veterans Affairs and will allow an underwriter to replace the requirement of one-year supervision with successful completion of the CRU designation.   

For pricing and more information about the MBA Certified Residential Underwriter Designation, visit www.mba.org/CRU or call Amber Lawrence at (202) 557-2766.