what are the steps for a refinance as a loan officer?

Question

can any body help me with as much detail as possible please?

Answer 1

The best thing is to obtain an internship at a local financing house.

Refinancing steps (2) for loan officers a largely dependent on product, financial institutions, cross-financial institution loans, cross-county loans and cross-country loans, subject to regulations (3) thereof; the scope varies.

Most financial institutions use a questionnaire to obtain the applicant's credit status, in essence to compare track records:
- revenue income,
- spending frequency and amount,
- additional liens and covenants taken since last financing,
- amounts falling due and payable,
- prevailing and projected headline interest rates, (internally provided by the financing institution)
Ancillary:
- proof of identity

The SBA standard operations procedure should point you in the right direction through the queries and general categories listed therein. (1)