Job Description
Job description
100% REMOTE 1099 Mortgage Loan Originator 275 bips(JobPosting)
---90% Payout on a 1099+ 275 bips DAY OF CLOSING
---Fast turn times, our average file is clear to close in 15 calendar days or less
---Free LOS loan origination software,
---Access to 100+ Lenders
---US Mortgage Lenders We Train & Hire 954-667-9110
---VISIT WWW. USMORTGAGELENDERS COM
---Daily Zoom Training and Support Calls.
What Is A Loan Originator?
A mortgage loan originator (MLO) is a person or institution that helps a prospective borrower get the right mortgage for a real estate transaction. The MLO is the original lender for the mortgage and works with the borrower from application and approval through the closing process. An MLO can be a lending company, mortgage broker or loan officer.
Mortgage banker vs. mortgage loan originator
A mortgage loan originator is different from a mortgage banker in that the originator won’t make the decision to approve or deny you a loan. In contrast, a mortgage banker can make this decision, and reviews your application in order to decide how much you can borrow and under what terms.
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