Section 14: Designation of members

(1) Members admitted to the Institute shall be registered as Chartered Mortgage Professionals, Chartered Mortgage Lenders, Chartered Mortgage Brokers, Chartered Estate Brokers, Certified Mortgage Agents and Certified Estate Agents in the categories of—
(a) Fellows, for Chartered Mortgage Professionals only;
(b) Members, for Chartered Mortgage Lenders, Chartered Mortgage Brokers, Chartered Estate Brokers only;
(c) Associate Members, for Certified Mortgage Agents and Certified Estate Agents only; or
(d) Students Members.
(2) Persons accorded by the Council the status of Institute of Mortgage Brokers and Lenders, shall be entitled to the use of that name and shall be enrolled as —
(a) Fellows, if they are at least 35 years of age and —
(i) have 10 years relevant work experience in a public organisations,
(ii) have, for at least three years in the past 10 years, held relevant senior appointments in a public organisation,
(iii) are holders of the professional qualifying certificate of the Institute, and
(iv) are otherwise considered by the Council to be fit and proper persons to be so enrolled;
(b) Corporate Members, if they have at least two years practical experience from an organisation or corporate body related to morgage brokerage and lending within Nigeria.
(c) Graduate or Associate Members, if they are 21 years of age or above and
(i) have passed the professional qualifying examination of the Institute or any equivalent examination recognised by the Institute, or
(ii) have at least five years relevant work experience in a mortgage industry; and
(d) Students, if they are 18 years of age or above and have passed with credits, West African School Certificate or General Certificate Examination Ordinary-Level, Senior Secondary Certificate Examination or their equivalents in five subjects at not more than two sittings.