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Advantages & Disadvantages of a Bank Loan | eHow
Bank Loan Advantages
Flexibility
With bank loans, you only need to worry about making your regular installment payments on time. This is an advantage over overdrafts, where you must pay the full amount when the bank demands it. In addition, banks don't usually monitor how you use your loan as long as you make your payments on time, so you can invest it however you deem fit.
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Cost Effective
In terms of interest rates, bank loans are usually the...
Related topics : bank loan interest rates / interest bank loan / bank loan advantages and disadvantages / bank loan rate / interest rates loan
Mortgage Originator Job Description | eHow
businessman with money in his pocket image by Wolfgang Kraus from Fotolia.com
A mortgage originator, or loan officer, is the employee of a mortgage lender who procures new mortgage transactions for the lender. The originator's primary responsibility is to bring new business into the bank. Typically, the originator is paid via commission, not salary, so he benefits financially by procuring new...
Related topics : mortgage loan originator / loan mortgage officer job description / mortgage loan officer jobs / loan mortgage officer salary / mortgage loan process
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