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How to Become a Loan Officer – Mortgage loan officers may eventually become independent mortgage brokers who match clients with the best lender for their needs. successful mortgage brokers may hire loan officers to take care of some of their business, and these brokers act as managers as well.
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Q: How to Become a Mortgage Lender | ZipRecruiter – A: A mortgage lender provides home loan options for homeowners or buyers. Job duties include finding clients a reasonable interest rate based on their credit history and working with homeowners who want to refinance. Career qualifications for a mortgage lender vary but often include a bachelor’s degree in finance or a related field.
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Qualification Requirements for a Correspondent Mortgage. – A correspondent lender is a small type of lending institution that finds investors to fund mortgage loans for clients. Correspondent lenders do not extend their own funds, but they have access to funds from multiple banks. Unlike brokers, who only find lenders, correspondent lenders are responsible for underwriting and servicing the loan.
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