What does a mortgage loan officer do?

What does a mortgage loan officer do?
2018-08-03T16:27:18Z 1

Mortgage Loan Officer at Bank of America Merrill Lynch

over 2 years ago
A mortgage loan officer is the first representative that talks to a potential borrower. The main function is to bring in the business, but it is very important that the loan officer understands the guidelines because prior to issuing a pre approval, he or she has to carefully assess the financial situation of the borrower. A detailed analysis of income, assets and credit is required.
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