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Professional Membership - Annual dues: $99
Individuals licensed as a Florida mortgage loan originator and individuals owning 10% or more of a Florida Broker or Lender Licensee may apply for professional membership. Unlicensed individuals owning 10% or more of a Florida Broker or Lender Licensee must furnish a statement certifying ownership in the licensee. Professional members should be actively engaged in the business of brokering, originating or funding mortgages. This membership may not be transferred to another individual.

Affiliate Membership - Annual dues: $99
Anyone that works for a support company may apply for Affiliate Membership. If the designated affiliate member leaves the employ of the institution or is otherwise removed, he or she may apply for individual membership and the institution may designate a replacement. When affiliates use the logo of the Association, the logo must contain the word "Affiliate". This membership may not be transferred to another individual. 

Associate Membership - Annual dues: $99
Anyone not eligible for Professional and Affiliate Membership, or any individual desiring membership for the purpose of supporting FAMP and attending FAMP functions, qualifies for this membership. An Associate member shall not have voting rights in the Association but may serve on committees.This membership may not be transferred to another individual. 

Newly Licensed - Associate Membership - Annual Dues: FREE
Only available for first-time FAMP members who are newly licensed Florida Mortgage Loan Originators during their first year of licensure. Membership will become active once verified at www.nmlsconsumeraccess.org. This membership class does not carry voting rights. This membership may not be transferred to another individual.

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FAMP DUES DEDUCTIBILITY – TAX DEDUCTION NOTICE
The Omnibus Budget Reconciliation Act of 1993 allows only a portion of the dues you pay to the Florida Association of Mortgage Professionals to be deductible as an “ordinary and necessary” business expense. FAMP estimates 0% of membership dues are used for lobbying activities.

NAMB DUES DEDUCTIBILITY – TAX DEDUCTION NOTICE
The Omnibus Budget Reconciliation Act of 1993 allows only a portion of the dues you pay to the National Association of Mortgage Brokers to be deductible as an “ordinary and necessary” business expense. NAMB estimates 43.47% of membership dues are used for lobbying activities.

Please seek the advice of a professional tax advisor or CPA to determine how to claim the proper deduction.

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