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You earn a salary not a recoverable draw meaning your commissions are.

In some instances, the loan originator also functions as the settlement agent. Mortgage loans require a hefty stack of documentation due to the many federal, state, and local regulations that pertain to them.

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However, the phrase does not include persons who merely provide general explanations or descriptions in response to consumer queries, such as by explaining general credit terminology or the interactions of various credit terms not specific to a transaction.

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