What title would Frank hold if he accepts the full-time position at the bank?

If Frank accepts the full-time position at the bank, he would hold the title of a registered mortgage loan originator. This designation signifies that he is licensed and authorized to originate loans, a critical role in the mortgage process. In this capacity, he would be responsible for evaluating borrowers' creditworthiness and guiding them through the mortgage application process. Being a registered mortgage loan originator typically requires specific training, knowledge of mortgage regulations, and compliance with state and federal laws, which ensures that he adheres to industry standards.

The distinction of a registered mortgage loan originator is also important because it reflects a professional commitment to ethical lending practices and consumer protection, which are essential in the heavily regulated mortgage industry. This title is applicable especially in states like Rhode Island where such registration is necessary to operate legally as a mortgage loan originator.