| Many parts of the country are going through a | | | | purchase.5 - Loan Processor A Loan Processor |
| real estate boom. In recent reports real | | | | often gets paid a salary as well as a bonus |
| estate is showing double digit growth in many | | | | for each funded loan. Loan Processors do all |
| parts of the country. In still many other | | | | the paper work to push a loan thru.6 - Loan |
| real estate growth is outpacing inflation.1 - | | | | Underwriter The Loan Underwriter works for |
| Real Estate Agent Real Estate agents are | | | | the lender and makes sure the borrower meets |
| responsible for the vast majority of Real | | | | the loan qualifications7 - Appraiser An |
| Estate Sales, Matching qualified buyers with | | | | Appraiser will place a value on the house |
| eager sellers.2 - Mortgage Broker A good | | | | that will be used by the lender to determine |
| mortgage broker will represent 10 or more | | | | the amount of money they are willing to lend |
| lenders. Each lender may have dozens of loan | | | | on a property8 - Home Inspector A home |
| programs. The job of the Mortgage broker is | | | | inspector will often look over the house to |
| to find the best loan for each client.3 - | | | | find any problems prior to the close of the |
| Loan Originator A loan originator or loan | | | | sale. The buyer can then negotiate with the |
| officer will work for the mortgage broker and | | | | seller to get some or all of the major |
| help the client choose the best loan for | | | | problems fixed.9 - Insurance Agent Lenders |
| their situation.4 - Title Officer A title | | | | require a Home Owners Insurance policy. |
| officer will issue a title insurance policy | | | | Often new homeowners will also purchase, |
| on Real property. The purpose of the title | | | | Flood, Mortgage life and earthquake |
| insurance is to protect the buyer and the | | | | insurance as well.10 - Escrow Officer An |
| lender in the event there are claims against | | | | escrow officer works for an escrow company. |
| the property that weren't settled at time of | | | | |