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Buying your first house is exciting—until you realize how cumbersome the mortgage pre-approval process can be. A mortgage broker can help, but ask these five questions first. 5 Questions to Ask ...
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Instead, the broker shows the client various options and then works with the chosen lender on the borrower’s behalf to get the loan approved, closed and funded. ... Questions to ask a mortgage ...
The term "agent" is not to be confused with salesperson or broker. An agent is simply a licensee that has entered into an agency relationship with a client. A broker can also be an agent for a client. It is commonly the firm that has the actual legal relationship with the client through one of their sales staff, be they salespersons or brokers.
The credit intermediation industry includes commercial banks, savings institutions, and mortgage companies. Loan officers who specialize in consumer loans usually work in offices. Mortgage and commercial loan officers may work outside the office and meet with clients at their homes or businesses. [4]
Here’s a list of questions to ask a mortgage loan officer. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For ...