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How Do mortgage Loan Officers And Underwriters Differ? : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

How Do mortgage Loan Officers And Underwriters Differ?

August 31st, 2008 By Peter G. Miller

A loan officer takes your application and sells you a loan.

An underwriter reviews your application file to assure you meet all program standards.

A loan officer does NOT approve your loan application. An underwriter has the authority to approve or disapprove an application.

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