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2. 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 ...

3. Loan officer - Wikipedia

   en.wikipedia.org/wiki/Loan_officer

   Mortgage loan officers specialize in loans used to buy real estate (property and buildings), which are called mortgage loans. Mortgage loan officers work on loans for both residential and commercial properties. Often, mortgage loan officers must seek out clients, which requires developing relationships with real estate companies and other ...

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

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

   The difference between a mortgage banker versus a loan officer might not be as obvious. All mortgage bankers are loan officers, but not all loan officers are mortgage bankers.

5. 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 ...

6. 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 ...

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

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

   Mortgage loan originators (MLOs): MLOs work closely with borrowers to create loans. Later, they may choose to sell these loans on the secondary mortgage market.

8. Nationwide Multi-State Licensing System and Registry

   en.wikipedia.org/wiki/Nationwide_Multi-State...

   NMLS is the sole system of licensure for mortgage companies for 58 state agencies and the sole system of licensure for Mortgage Loan Originators (MLOs) for 59 state and territorial agencies. Over three-quarters of the states also currently manage additional license types through the System in the money services business, debt and consumer ...

9. What Income Do I Need for a $300K House? - AOL

   www.aol.com/income-300k-house-170125123.html

   Income is one of the main factors lenders consider on your mortgage application. ... A safer goal would be to buy a home costing two to three times your salary, or $72,000 to $108,000. A USDA loan ...