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  2. 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.

  3. Certificate in Mortgage Advice and Practice - Wikipedia

    en.wikipedia.org/wiki/Certificate_in_Mortgage...

    CeMAP Module 1 Exam: The CeMAP Module 1 exam consists of 100 multiple choice questions in total. The first 50 questions are based on Unit 1 and the remaining 50 questions are based on Unit 2. Students must achieve a score of 70% or more to pass this unit. The test is currently conducted at the Pearson VUE test centres in the United Kingdom.

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

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

    A mortgage loan officer isn’t always the same as a mortgage banker (though they work for one). The officer won’t make the decision to approve or deny you a loan; they just process it and ...

  5. Mortgage origination - Wikipedia

    en.wikipedia.org/wiki/Mortgage_origination

    A mortgage loan is a loan in which property or real estate is used as collateral. During this process, borrowers must submit various types of financial information and documentation to a mortgage lender, including tax returns, payment history, credit card information and bank balances. Mortgage lenders use this information to determine the type ...

  6. I’m a Mortgage Loan Officer: Here Are the 7 Questions You ...

    www.aol.com/finance/m-mortgage-loan-officer-7...

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  7. How to buy a house from a family member - AOL

    www.aol.com/finance/buy-house-family-member...

    Pros of buying a family member’s home. Commission savings: If you and a trusted family member agree to a sale, you might be able to eliminate the need for real estate agents.Considering that the ...

  8. Mortgage broker - Wikipedia

    en.wikipedia.org/wiki/Mortgage_broker

    The selling of mortgage loans in the wholesale or secondary market is more common. They provide permanent capital to the borrowers. A "direct lender" may lend directly to a borrower, but can have the loan pre-sold prior to the closing. Few lenders are comprehensive or "portfolio lenders". That is, few close, keep, and service the mortgage loan.

  9. Mortgage underwriting in the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_underwriting_in...

    Mortgage underwriting is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C's of underwriting: credit , capacity and collateral .

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