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What is the role of a mortgage loan originator?

Mortgage loan originators help borrowers through the mortgage application process and closing. This may involve...

Mortgage net branch compensation?

According to HUD, “A branch manager's compensation may be based on the branch's net profit. For example, the mortgagee...

What are the duties of a mortgage loan processor?

A mortgage processor, or loan processor, is responsible for collecting, managing and processing your loan application...

Are mortgage bankers and brokers the same?

The main difference between mortgage bankers and mortgage brokers is how the loan is closed. Mortgage bankers close the...

Do mortgage bankers make good money?

Choosing the right specialty is always an important step when researching how to become a mortgage banker. Meanwhile,...

Is being a mortgage loan originator stressful?

Like any job that works with the public, the position of a loan officer can sometimes be stressful. If you can deal with...

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What is a mortgage originator?

A mortgage loan originator (MLO) is a person or institution that helps a prospective borrower obtain the right mortgage...

What do top mortgage loan officers make?

Senior loan officers are more experienced and can produce more turnover. As such, they earn higher compensation than...

What is the difference between a mortgage loan originator and a mortgage loan officer?

The main difference between these securities is that mortgage brokers are employed by a sponsoring broker, while mortgage ...

Net branch mortgage opportunities?

Net branching was quite common in the 1990s through the early 2000s until state and federal mortgage regulators put an...

How much do top mortgage originators make?

When considering any professional field, it's understandable that one of your main concerns is salary and how lucrative a ...

What is a net branch for mortgage companies?

A net mortgage branch is defined as a smaller outpost of an established lending institution where loan originators work...

Are mortgage brokers and mortgage originators the same?

The main difference between these securities is that mortgage brokers are employed by a sponsoring agent, while mortgage...

What are the pros and cons of being a mortgage broker?

Because mortgage brokers tend to be smaller transactions, they generally offer more personalized customer service...