There are numerous responsibilities of a mortgage loan officer. These include making sure the client can afford the mortgage, an appropriate loan to value is offered, and that the loan is compliant with company policy.

A mortgage loan is obtained when one is purchasing a house. In return for using the value of the house as collateral, a mortgage company will provide a loan for the remaining balance.

There are numerous responsibilities of a mortgage loan officer. These include making sure the client can afford the mortgage, an appropriate loan to value is offered, and that the loan is compliant with company policy.

Yes, it is possible to get a mortgage loan after bankruptcy. Be very care though, your interest rate could be considerably high.

A loan, usually a mortgage, with an initial loan amount equal to 125% of the initial property value. In other words, a 125% loan has a loan-to-value ratio (LTV ratio) of 125%.