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  2. What is mortgage loan origination? - AOL

    www.aol.com/finance/mortgage-loan-origination...

    Mortgage loan origination is the process of your loan being established. When you formally apply for a mortgage, the lender or loan officer “originates,” or initiates the loan (or, to be more ...

  3. Mortgage loan originators: What are they and what do ... - AOL

    www.aol.com/finance/mortgage-loan-originators...

    What is a mortgage loan originator’s salary? It depends. MLOs employed as loan officers are generally compensated through an annual salary or at an hourly rate, and earn a commission on every ...

  4. Mortgage origination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_origination

    In consumer lending, mortgage origination, a specialized subset of loan origination, is the process by which a lender works with a borrower to complete a mortgage transaction, resulting in a mortgage loan. A mortgage loan is a loan in which property or real estate is used as collateral. During this process, borrowers must submit various types ...

  5. Loan officer - Wikipedia

    en.wikipedia.org/wiki/Loan_officer

    Mortgage loan officers in the United States must have a Mortgage Loan Originator (MLO) license. To become licensed, they must complete at least 20 hours of coursework, pass an exam, and submit to background and credit checks. Licenses must be renewed annually, and individual states may have additional requirements. [3]

  6. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent ...

  7. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    Many mortgage bankers generate revenue by charging borrowers an origination fee. Once a mortgage banker originates a loan, the banker can keep the loan in its portfolio and service it ...

  8. Certified mortgage planner - Wikipedia

    en.wikipedia.org/wiki/Certified_mortgage_planner

    The terms certified mortgage planning and certified mortgage planner were first used by the NAMP (National Association of Mortgage Professionals). [1] The term Mortgage Planner was first coined by Tim Hester to mark a clear distinction between the new approach to mortgage origination and the existing practices encompassed by mortgage brokering.

  9. Secondary mortgage market: What it is and how it works - AOL

    www.aol.com/finance/secondary-mortgage-market...

    For example, a bank may originate a loan but sell it in the secondary market while retaining the right to service the mortgage. As a loan originator, the bank underwrites, processes, funds and ...

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