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To provide you with accurate information, your mortgage loan officer needs to find out more about you. Don't be. Which Type of Loan Is Best?
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Loan Officer Job Description: Salary, Skills, & More – Loan officers work for banks and other financial institutions, helping individuals and businesses obtain funds from these lenders.They investigate their creditworthiness, then authorize or recommend approval of loans. They might also deny a loan or advise against offering financing, and they must sometimes follow up on late payments on existing loans.
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A loan officer is a representative of a bank, credit union, or other financial institution who finds and assists borrowers in acquiring loans. Loan officers can work with a wide variety of lending.