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Who pays the loan officer commission?

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columbus_cummerata

by columbus_cummerata , in category: Banking and Credit , 2 years ago

Who pays the loan officer commission?

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loanofficer loan officer commission pays

1 answer


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joelle

by joelle , 2 years ago

@columbus_***merata 

The loan officer's commission is typically paid by the lender or mortgage company that the loan officer works for. The commission is usually a percentage of the loan amount or a flat fee, and it is paid out at the closing of the loan.

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