Finance

Mortgage approval in the gig economy

Over the past several years, the “gig economy” has attracted a lot of attention, and with good reason—it’s inventive, interesting, and offers opportunities outside the traditional 9–5 work. Read More: Mortgage Prequalification for Gig Workers Although the term “gig” has long been associated with freelancing, it has now come to refer to a broad economic

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Real Estate

Five Justifications for Using a Mortgage Broker

What is a Mortgage Broker A practitioner in the housing market licensed by a mortgage brokerage is known as a mortgage broker. In order to receive a license from their province or territorial government, they need to complete a training program and pass an exam in order to become a licensed broker. Read More: Texas

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Finance

NMLS and licenses for mortgage lending

An NMLS license: what is it? The NMLS system does not confer or withhold licensing authorization. Instead, by offering a uniform procedure and tool for all participating states, it streamlines the process of applying for a mortgage license in several jurisdictions. Lenders and originators can report authorized agents, take examinations, pay fees, renew licenses, and

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