Which of the following is NOT a duty of a mortgage loan originator?

A mortgage loan originator (MLO) has specific professional responsibilities that guide their role in assisting borrowers with obtaining mortgages. One of the key duties of an MLO is to provide accurate loan disclosures, which are essential for keeping clients informed about the terms, costs, and obligations associated with their loans. Transparency in this area is crucial for building trust and ensuring that borrowers can make informed decisions.

Another significant responsibility is ensuring compliance with state regulations. MLOs must stay up-to-date on various laws and regulations that govern the lending process to protect both the borrower and the lender. This compliance is critical to maintaining ethical standards and functioning within legal bounds.

Additionally, MLOs help clients understand different loan options available to them, guiding them through the complexities of mortgage products. This supportive role is vital for enabling clients to choose the best mortgage that fits their financial situations and goals.

Promoting products based solely on commissions is not a duty associated with a responsible MLO. This practice could lead to unethical behavior and conflicts of interest, diverting focus from the best interests of the client. MLOs are expected to prioritize the needs of clients over personal financial gain, aligning their recommendations with what is genuinely beneficial for the borrower rather than what would yield them the highest