Final answer:
The term 'loan originator' includes individuals who take a loan application, offer or negotiate loan terms, or refer a consumer to a lender. This statement is true.
Step-by-step explanation:
The term "loan originator" includes individuals who take a loan application, offer or negotiate loan terms, or refer a consumer to a lender.
This statement is true. A loan originator is a person who helps borrowers find and apply for loans. They may work for banks, credit unions, or mortgage companies and are responsible for gathering and evaluating loan applications, discussing loan terms with borrowers, and connecting borrowers with lenders.