NOT Really! FNMA announced today that it’s raising its Loan to Value (LTV) limits. This means that home buyers can put a lot less money down to buy their dream home. It all sounds great, right? Fabulous news! ]Well it’s not as it seems just like all the other announcements that have been made recently. FNMA is trying [... The loan officer's job is to help you process your application for a mortgage. To see if you're suitable a certain mortgage product, they will look into your personal credit account and start the approval process for your transaction.