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Mortgage Professor about loan officers: 
A Mortgage Referral Service For Borrowers?
August 9, 1999 "Now that you have explained the many ways that lenders can take advantage of mortgage borrowers?, why doesn?t your web site have a register of comments about particular lenders from satisfied and unsatisfied borrowers? The auction web sites provide ... more...

Mortgage Lenders, Mortgage Brokers & Loan Officers
December 22, 2000 "What is the difference between a lender and a mortgage broker?" "What is the difference between a retail lender and a wholesale lender?" "What is a 'direct' lender ... more...

loan officers related definitions

Mortgage Lender
Mortgage Lender A company that lends money on the security of land, houses, and real estate. A mortgage lender is the institution that provides the money to the borrower at closing. The borrower in turn, will sign a note provided by the lender stating their debt, their obligation ... more...

Mortgage Broker
Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more...

More about loan officers

The Ins And Outs Of Bad Credit Home Loans
Owning a home is part of the American dream. Its also the biggest purchase that most of us will ever make, and because of that, almost everyone will be borrowing money to do it. Unfortunately, for many people that means a bad credit home loan, and that might be hard to get.Its simple. Imagine going ... more...

How to Buy to Let
Find out everything you need to know about buy to let. Learn what to buy, where to buy and what not to buy. All this information about buy to let wont cost you a penny.buying If the area is full of buy to let property investors the supply of property to let might outweigh tenant demand and create ... more...

Decision Time: Home Equity Loan or Home Equity Line of Credit?
Home equity loans and home equity lines of credit continue to grow in popularity. According to the Consumer Bankers Association, during 2003 combined home equity line and loan portfolios grew 29%, following a torrid 31% growth rate in 2002. With so many people deciding to cash in on their home's ... more...

Time Management: How To Get More Done
If you can regularly ask yourself "Am I regularly and consistently working on those items that will move me towards my clearly defined goals?" and honestly answer "Yes" then you are probably doing ok.If not, here are a few time wasters to be aware of and some strategies for protecting your time ... more...

Boost Your Confidence, Credibility, and Career
There's one skill you can develop that will boost your confidence, credibility and career. It's public speaking. If the very thought makes you queasy, you're not alone. For some people, only death is more frightening. For others, death is preferable. Are you the latter? Avoiding the spotlight? ... more...

Eight Common Predatory Lending Schemes
Predatory lending is far more prevalent in refinancing than in the purchase market. One reason is that buyers tend to look for mortgages from established and recognized lenders, many of whom are bound by rules put forth by Fannie Mae, FHA, or the Veterans Administration. If they don't follow the ... more...

Loan Officer Marketing How Branding Shapes Your Prospects Perceptions
Social scientists have proven that people experience what they come to expect. Its like the first time you watched your favorite movie. Before you saw it maybe you read a favorable movie critics review, or a friend told you it was a great, or your favorite filmmaker directed the movie.But before ... more...

Credit Repair Services vs. 'Do-It-Yourself' Credit Repair
Millions of Americans suffer because of bad credit these days, and almost all of these people turn to the Internet for help. In the past 5 years hundreds of internet-based credit repair services have sprung up, preying on consumers in need of real help. Most of these companies have built less than ... more...

Loan Officer Training: Learn How To Shape Realtors Perceptions
In medicine, a placebo is a pill that you think will make you better, and so it does. In your business, a placebo is a prospect having the experiences they expect to have, and so they have them.For example, you take your vehicle to get serviced. You walk into a clean lobby and are greeted warmly ... more...

How to Order the Right Credit Reports to Repair Your Own Credit
In this weeks article, I am going to offer some tips and insight regarding how to order the right credit reports needed to repair your credit.Believe it or not, a majority of the credit reports offered on the internet dont have the required information (File Number, Confirmation number, or Report ... more...

Don't Get Lost In The Shuffle
I have a good friend whom (also being in the same business) I often compare notes with.One of the things that I always give him a hard time about is the fact that even though he has one of the biggest desks I have ever seen I have never actually seen the desks surface.It is always covered from ... more...

Overcoming Objections Over the Telephone
In sales, one of the things you will be doing a lot of, is making phone calls. You cant escape it. It just comes with the territory.Making phone calls is really not all that bad. The thought of having to do it, is actually much worse than having to physically sit down and do it, and once you get ... more...

How to Choose Your Real Estate Lender
Because you need quick action when applying for a real estate purchase loan, find a lender you can access easily. A lenders quick response signifies good service to follow.Once you know your middle credit score, look for a lender appropriate to your specific needs. When ready to make offers to ... more...

Loan Officer Marketing: Content Strategies for Keeping in Touch
So youve just returned to your office from a successful meeting with a Realtor. At the end of it they expressed optimism in your services, and told you some famous last words, Ill be sure to send you my next deala week goes by, no dealtwo weeks go by, no deala month later, still no deal.To make ... more...


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