Mortgage loan originators do not make the decision about whether to approve your loan — they act more as an administrator, pushing paperwork through and explaining the loan's terms.

October 12, 2022 - The reasons may be different, but mortgage loan originator bankruptcies are making headlines for the first time since the run-up to the 2008 financial crisis. Climbing interest ...

Learn how to become a mortgage loan officer through our step-by-step process so you can get your license and start a lucrative career.

Your mortgage loan estimate may include a charge for loan origination. This fee represents the cost to administer your application, and it varies by lender. Knowing what a mortgage origination fee ...

Mortgage loan origination is the process by which a lender evaluates, approves, and funds a home loan. Here's what you can expect during every step of the process.

After mortgage lenders shut down, what’s next for loan originators? When lenders shut down, there are a number of top factors LOs look for when transitioning to a new landing spot ...

The mortgage loan originator rules cover individuals or companies that are paid to arrange, negotiate, or obtain mortgage credit for their customers. Mortgage lending companies, mortgage brokers, and ...

Branch loan originators are only too happy to be able to offer products such as jumbo programs not offered by the bank through its correspondent or wholesale channels. For independent mortgage banks, ...

On August 17, 2023, the Consumer Financial Protection Bureau (CFPB) announced that it had taken action against a residential mortgage loan originator that provided illegal incentives to real ...

Some lenders charge origination fees to cover the costs of processing a personal loan while others charge no origination fees, including the ones here.

Movement Mortgage (761) ranks second and Bank of America (760) ranks third. The U.S. Mortgage Origination Satisfaction Study measures overall customer satisfaction based on performance in six factors ...