Both loan officers and mortgage officers broker loans from lenders to their clients; mortgage officers must have a license, while loan officers do not have to have a license, though they cannot work for a mortgage company without a license. Learn more about the differences in qualifications between a mortgage officer and a loan officer in this free video on personal finance from a licensed mortgage broker.
Expert: Adriel Torres
Contact: ultimatecredittoday.com
Bio: Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker.
Filmmaker: Christopher Rokosz
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