 Jessica
Community Mentor
Joined: 08 Jun 2004
Posts: 813
Location: OHIO
194.39 Dollars($)
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 Posted: Sun Oct 09, 2005 9:50 pm Post subject: Mortgage Professionals |
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The mortgage industry includes a large number of professionals serving mortgage seekers and first time home buyers with a wide range of services. Right from loan-application and conducting your home appraisal to the loan closing there are a number of services to be performed and for this, you require the assistance of experts in the respective areas of loan processing and servicing.
The list given below aims to educate you on the roles and responsibilities of the mortgage professionals in the mortgage industry. Often it becomes a necessity to take help from these individuals who can assist you with the legal matters associated with each step of the mortgage process. You can easily carry out the mortgage deal with proper guidance from these professionals.
The Mortgage Professionals are:
- Absentee owner
Absentee owner is an individual who does not reside in the property which he personally owns. Sandy owns a ...
- Administrator
A person may die without making a legal will. This can create lot of problems for family members, friends ...
- Assessor
An assessor is a public official who is entrusted with the responsibility of ascertaining/estimating the value of a ...
- Attorney-in-fact
An Attorney-In-Fact (agent) is an individual who is given a power of attorney by another person (principal) ...
- Beneficiary
A beneficiary is a person or a legal entity who receives monetary or other benefits from another person ...
- Co-Borrower
A co-borrower is a second borrower who signs the promissory note for a mortgage loan along with the primary ....
- Co-Maker
A co-maker is an individual who signs the promissory note in a mortgage other than the primary borrower. The ...
- Cosigner
A cosigner is an individual who agrees to take over the responsibility of repaying a mortgage loan the original ...
- County Clark or Recorder
County Clark or Recorder is a public official, usually at the county level, who keeps and maintains records of real ...
- Executor
An executor is a person named in a will who is entrusted with the responsibility of settling a deceased person's ...
- Loan Officer
A loan officer leads you through various processes of loan acquisition, closing and repayment. It could be one ...
- Mortgage Broker
Mortgage broker refers to an individual or a company acting as an intermediary between borrowers and ...
- National Tenant
National tenant refers to a lessee who has earned reputation in the United States. Such tenants have better ...
- Qualifying Thrift Lender
Thrift lenders include savings, loan associations and savings banks that specialize in mortgage lending under ...
- Real Estate Agent
Real Estate Agent refers to a person having a state or provincial license for representing a buyer or a seller ...
- Realtor
Realtor is a real estate professional who has a membership with the National Association of Realtors and ...
- Salesperson
A person who is licensed to carry out real estate transactions, under the supervision of a broker is known as ...
- Servicer
A mortgage servicer is a lender, bank, an investor, or any third party processing company to whom your ...
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