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Bookmark or Share- Loan Officer: Definition, What They Do, Benefits and CompensationA loan officer is a representative of a bank, credit union, or other financial institution who assists borrowers in the process of applying for loans.
- What Is A Mortgage Loan Originator? | BankrateWhat does a mortgage loan originator do? A mortgage loan originator (MLO) is a person employed by a lender to help borrowers through the mortgage application process. Mortgage loan...
- How To Become a Mortgage Loan Officer in 8 Steps - IndeedWhat does a mortgage loan officer do? The primary responsibilities of a mortgage loan officer include: Collecting all borrowers' financial information, including taxes and debt, for the loan; Presenting clients with loan options that are a good fit for them; Identifying future homebuyers through advertising, seminars and other channels
- How To Become a Loan Officer | Indeed.comBecoming a loan officer can be a great career path if you are interested in finance and have excellent people skills. Loan officers are responsible for meeting with customers to take loan applications, reviewing financial information, and making sales on behalf of the financial institution.
- Loan Officers - U.S. Bureau of Labor StatisticsLoan officers evaluate, authorize, or recommend approval of loan applications. Most loan officers are employed by commercial banks, credit unions, mortgage companies, and other financial institutions. Most loan officers work full time, and some work more than 40 hours per week.
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