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" What is OMA "
Overseas Mortgage Alliance is a "not for profit" association dedicated to uphold the highest possible standards for mortgage advice in territories which have no existing official Regulation, particularly in Spain and Portugal
Our
Mission Statement:
Business Conducted in a Professional and Ethical Manner
PROCESSES FOR HANDLING CLIENTS
Obtaining all the due diligence and ‘Know Your Client’ information. Advising and recommending the mortgage that is most suitable for the client. Advising the costs and fees payable with the mortgage, e.g. valuation fees, arrangement fees, legal fees, early redemption fees, etc.
BACKGROUND
Because Spain does not regulate Mortgage Advisers there are some unscrupulous people conducting mortgage business in Spain to the detriment of their clients. Fortunately there are a number of UK qualified mortgage professionals who work here, where possible, to UK regulatory standards. A number of these people have come together to establish OMA – the Overseas Mortgage Alliance.
REASONS TO BECOME AN OMA MEMBER
By joyining OMA you will belong to a group of ethical, professional and qualified Mortgage Advisers who are committed to providing best advice in a non-regulated market. You will also benefit from regular meetings with colleagues and the sharing of current market information as well as attending presentations from other market professionals. Members are able to use the OMA logo in their individual advertising, the link from the OMA website to every member’s own site and take advantage of many other OMA
benefits.
visit OMA
www.overseasmortgagealliance.co.uk |
