Move over, real estate agents, and make way for the person who gives homebuyers the financial ability to buy a home – mortgage loan officers (MLOs). Also known as mortgage loan originators or mortgage ...
A mortgage loan originator (MLO) is employed by a lender to help borrowers move through the mortgage application process. Mortgage loan originators do not make the decision about whether to approve ...
The term "mortgage loan originator" may be used used to describe either a financial institution that lends funds for a home loan or the professional who assists the borrower through the lending ...
Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.
It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina.
No matter where you live and intend to do business in the U.S., becoming a mortgage loan originator will require you to complete multiple steps, including completing a pre-licensure course, ...