What is a mortgage loan originator?

By |2022-05-29T15:37:17-07:00May 29th, 2022|Categories: |

A mortgage loan originator, or MLO, is a mortgage consultant who helps a prospective home buyer get the mortgage they need for a real estate transaction. They work with the borrower from the beginning of the transaction to the end, [...]

What is a loan officer?

By |2022-05-29T15:37:11-07:00May 29th, 2022|Categories: |

Loan officers are employees of lenders, like banks and credit unions, or mortgage brokers. In the case of a one-person mortgage broker firm, the person is both the broker and the loan officer. If a consumer tries to buy or [...]

What is a Mortgage Consultant?

By |2022-05-29T15:37:04-07:00May 29th, 2022|Categories: |

Mortgage consultants, AKA mortgage brokers, are finance professionals who help people buy homes and investment properties with financing that fits their circumstances. The consultant's relationship with buyers includes: helping buyers understand the arbitrary rules of mortgage lending presenting buyers with [...]

What is a Real Estate Broker?

By |2022-05-29T15:36:56-07:00May 29th, 2022|Categories: |

A real estate broker is a licensed real estate agent who has additional education earning a broker license. There are three types of real estate brokers: Associate brokers, who have broker licenses but choose to work under another broker Managing [...]