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processing a loan

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processing a loan

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Loan processing companies make money from interest. Interest is a specific percentage of the original amount taken from the loan processing company. When taking out a loan, the loan user takes a specific amount and is expected to later pay the same amount plus the interest they owe.

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one week

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An origination fee is a rate charged by some lenders and brokers as repayment for processing and closing your loan.

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Mortgage Loan Processor Training School - Loan Processing www.loanprocessortraining.org/ Go there and you can take free training. this is a very cheap site.

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