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...loan processors from home? What are some "cons" as to why mortgage brokers and lenders aren't hiring their loan processors from home? Especially in the new age of "paperless" offices?
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Because of the privacy issues with borrowers credit information, for one - the Lender has control over what is in its own offices. Also, as for the brokers, they're on the road, often, anyway, so when they do need to return to a desk, it should be at the office. I hope this helps.Good luck!
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