Loan processors don't usually need anything more than a high school education or the equivalent, but they do need to have a strong attention to detail, good recordkeeping skills, and the ability to maintain strong confidentiality about the personal information they will receive as part of this job.
If my wife seeks to be a
Loan Processor for me, and goes out into the public to market my company and does not perform any loan application taking or interest rate quoting, but instead refers prospective business clienst back to me, and for NO COMPENSATION (after all, people refer business to me all the time without getting paid), is this a legal practice and does she need an MLO designat
Loan Processor for me, and goes out into the public to market my company and
does not perform any
loan application taking or interest rate quoting, but instead refers prospective business clienst back to me, and for NO COMPENSATION (after all, people refer business to me all the time without getting paid), is this a legal practice and does she need an MLO designat
loan application taking or interest rate quoting, but instead refers prospective business clienst back to me, and for NO COMPENSATION (after all, people refer business to me all the time without getting paid), is this a legal practice and
does she need an MLO designation.