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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

Arizona Association of Mortgage Professionals
PO Box 487, Peoria, AZ 85380
PH: 623.972.6180   FAX: 623.972.6192

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