Loan originators may be compensated through all but which of the following methods:
A. Trips/prizes
B. A percentage of the loan amount
C. Based off of the interest rate
D. A loan’s seasoning
Answer:C
Loan originators may be compensated through all but which of the following methods:
A. Trips/prizes B. A percentage of the loan amount C. Based off of the interest rate D. A loan’s seasoning