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· Loan officers are employees of lenders or mortgage brokers. Loan officers find, sell and counsel customers, and take applications. Loan officers employed by mortgage brokers may also be involved in loan processing. In the case of a one-person mortgage broker firm, that person is both the broker and the loan officer.
Mortgage broker – Wikipedia – A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products.
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The seminar will also cover the nitty-gritty details of home buying, including how to secure a mortgage and the value of title insurance. Participants will learn what to expect after finalizing the.
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