A junior loan officer works alongside a senior mortgage loan officer to find potential home loan mortgage applicants, help them navigate the loan process, and assist with preparing and closing the mortgage loan transaction. They counsel applicants on various loan products and mortgage programs, prepare loan packages that meet applicants’ specific financial needs, and collect, verify, and analyze financial data to determine an applicant’s creditworthiness and ability to repay a home mortgage loan. Many companies offer training programs for entry-level JLO positions with a lending or financial institution.See Full Job Description
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