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Loan officers who specialize in customer loans normally function in offices. Mortgage and commercial loan officers may possibly operate outdoors the office and meet with consumers at their properties or businesses. Loan officers meet with possible borrowers and approve loans. The regional banker evaluates the financial elements of the project. With approval of county and regional bank, the project is implemented. When the project is total, funds are sent from the Minnesota Department of Agriculture to the regional bank and the loan is drawn up amongst the regional bank and borrower.
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