Loan Officer
Job Title: Loan Officer
Loan Officer Duties: Interviews applicants, and examines, evaluates, and authorizes or recommends approval of customer applications for lines or extension of lines of credit, commercial loans, real estate loans, consumer credit loans, or credit card accounts: Interviews applicant and requests specified information for loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan or submits application to Credit Analyst (financial) 160.267-022 for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves loan within specified limits or refers loan to loan committee for approval. Ensures loan agreements are complete and accurate according to policy. May confer with Underwriter, Mortgage Loan (financial) 186.267-026 to aid in resolving mortgage application problems. May supervise loan personnel. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis and be known as Mortgage Loan Originator (financial). May specialize by type of lending activity and be known as Commercial Account Officer (financial); International Banking Officer (financial); Mortgage-Loan Officer (financial; insurance).
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