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Sample Resume: Career Change From Mortgage Broker to Finance Professional. Barbara Safani. Updated July 14, 2016 at 6:11 PM. Lisa Marshall had spent her entire career in the mortgage industry.
A mortgage banker is a person or entity that originates, or initiates, home loans, and typically provides the funding for them. The home loan banker could be an individual or a large company, but ...
A mortgage broker can save you time: Brokers do all the research on rates and fees. They negotiate for you, file the paperwork and keep the application process on track. A mortgage broker can save ...
Duties of a mortgage broker. The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.
Loan officer. Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses. [1] Most loan officers are employed by commercial banks, credit unions, mortgage companies, and related financial institutions. Mortgage loan officers must be licensed. [1]
The deliverable of a certified mortgage planner is a "mortgage plan" designed to maximize home equity while wisely managing debt. Training. Mortgage planners must have regional mortgage licensing, undergo structured training, and pass a battery of tests in order to be certified by private certified mortgage planning institutions [citation needed].
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