Loan Officer

What does a loan Officer usually have to focus on regarding Borrowers documentation?

What are the principles in refinancing, Cashing out and taking money aways from the homes equity?, How much does a loan officer make a year if they work for theirselves and with a bank?

I'm a Mortgage Banker.

Documentation is determined by the Program of the loan. Loan Type, Ratios, and who is underwriting.

I request 2 years taxes, most recent month worth pay stubs, 3 months bank statements, home owners insurance policy, preferred Title company, and a check for the appraisal.

Most LO's are paid on Commission.

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	Loan Officer Book: Earn Six Figures Without a College Education!
	So you are thinking about becoming a loan officer? It’s true, loan officer jobs pay more than most any other occupation out there, assuming you haven’t passed the bar or made your way through medical school...

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