Loan Officer Vs Mortgage Broker
The article about Loan Officer Vs Mortgage Broker was posted on September 7, 2017 at 4:15 pm. It is posted in the Office category. Loan Officer Vs Mortgage Broker is tagged with Loan Officer Vs Mortgage Broker, Loan, Officer, Vs, Mortgage, Broker..
Loanloan1 (lōn),USA pronunciation n.
- the act of lending;
a grant of the temporary use of something: the loan of a book.
- something lent or furnished on condition of being returned, esp. a sum of money lent at interest: a $1000 loan at 10 percent interest.
- on loan:
- borrowed for temporary use: How many books can I have on loan from the library at one time?
- temporarily provided or released by one's regular employer, superior, or owner for use by another: Our best actor is on loan to another movie studio for two films.
- to make a loan of;
lend: Will you loan me your umbrella?
- to lend (money) at interest.
- to make a loan or loans;
Officerof•fi•cer (ô′fə sər, of′ə-),USA pronunciation n.
- a person who holds a position of rank or authority in the army, navy, air force, or any similar organization, esp. one who holds a commission.
- a member of a police department or a constable.
- a person licensed to take full or partial responsibility for the operation of a merchant ship or other large civilian ship; a master or mate.
- a person appointed or elected to some position of responsibility or authority in the government, a corporation, a society, etc.
- (in some honorary orders) a member of any rank except the lowest.
- [Obs.]an agent.
- to furnish with officers.
- to command or direct as an officer does.
- to direct, conduct, or manage.
Mortgagemort•gage (môr′gij),USA pronunciation n., v., -gaged, -gag•ing.
- a conveyance of an interest in property as security for the repayment of money borrowed.
- the deed by which such a transaction is effected.
- the rights conferred by it, or the state of the property conveyed.
- to convey or place (real property) under a mortgage.
- to place under advance obligation;
pledge: to mortgage one's life to the defense of democracy.
Brokerbro•ker (brō′kər),USA pronunciation n.
- an agent who buys or sells for a principal on a commission basis without having title to the property.
- a person who functions as an intermediary between two or more parties in negotiating agreements, bargains, or the like.
- to act as a broker for: to broker the sale of a house.
- to act as a broker.
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