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  2. Loan officer - Wikipedia

    en.wikipedia.org/wiki/Loan_officer

    Some loan officers are paid a flat salary; others are paid on commission. Those on commission usually are paid a base salary plus a commission for the loans they originate. Loan officers also may receive extra commission or bonuses based on the number of loans they originate or how well the loans perform. [5]

  3. General Schedule (US civil service pay scale) - Wikipedia

    en.wikipedia.org/wiki/General_Schedule_(US_civil...

    As an example (and not including locality adjustments), an employee at GS-12 Step 10 (base salary $96,770) being promoted to a GS-13 position would initially have his/her salary set at GS-13 Step 4 (base salary $97,373, as it is the nearest salary to GS-12 Step 10 but not lower than it), and then have his/her salary adjusted to a higher step ...

  4. 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 ...

  5. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    CIO – Chief Information Officer, Chief Innovation Officer or Chief Investment Officer; CIP – Carriage and Insurance Paid; CISA – Certified Information Systems Auditor; CISO – Chief Information Security Officer; CLO – Chief Legal Officer; CMA – Certified Management Accountant; CMFB – Committee on monetary, finance and balance of ...

  6. Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.

  7. Loan shark - Wikipedia

    en.wikipedia.org/wiki/Loan_shark

    Regular salaries and paydays made negotiating repayment plans simpler. [28] The size of the loan and the repayment plan were often tailored to suit the borrower's means. The smaller the loan, the higher the interest rate was, as the costs of tracking and pursuing a defaulter did not depend on the size of the loan. The attitudes of lenders to ...

  8. Mortgage and refinance rates for Oct. 24, 2024: Average rates ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.

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